An Aunt's Grief

(H/T MRC)


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I wonder, what would Lew Rockwell say now?

Pssst! Hey Liberals! Sarah Palin knows what she's talking about!

As I am sure you all know Sarah Palin wrote in the Washington Post, an Op-Ed about the purposed Cap and Trade legislation.

Government Palin Writes:

There is no shortage of threats to our economy. America’s unemployment rate recently hit its highest mark in more than 25 years and is expected to continue climbing. Worries are widespread that even when the economy finally rebounds, the recovery won’t bring jobs. Our nation’s debt is unsustainable, and the federal government’s reach into the private sector is unprecedented.

Unfortunately, many in the national media would rather focus on the personality-driven political gossip of the day than on the gravity of these challenges. So, at risk of disappointing the chattering class, let me make clear what is foremost on my mind and where my focus will be:

I am deeply concerned about President Obama’s cap-and-trade energy plan, and I believe it is an enormous threat to our economy. It would undermine our recovery over the short term and would inflict permanent damage.

American prosperity has always been driven by the steady supply of abundant, affordable energy. Particularly in Alaska, we understand the inherent link between energy and prosperity, energy and opportunity, and energy and security. Consequently, many of us in this huge, energy-rich state recognize that the president’s cap-and-trade energy tax would adversely affect every aspect of the U.S. economy.

There is no denying that as the world becomes more industrialized, we need to reform our energy policy and become less dependent on foreign energy sources. But the answer doesn’t lie in making energy scarcer and more expensive! Those who understand the issue know we can meet our energy needs and environmental challenges without destroying America’s economy.

Job losses are so certain under this new cap-and-tax plan that it includes a provision accommodating newly unemployed workers from the resulting dried-up energy sector, to the tune of $4.2 billion over eight years. So much for creating jobs.

In addition to immediately increasing unemployment in the energy sector, even more American jobs will be threatened by the rising cost of doing business under the cap-and-tax plan. For example, the cost of farming will certainly increase, driving down farm incomes while driving up grocery prices. The costs of manufacturing, warehousing and transportation will also increase.

Of course, as if right on cue, every liberal in America is laughing at her and is saying that she is an idiot; and that she is trying to stay in the spotlight and so forth. Well, guess what? Not too long ago; on March 5, 2009. My own home paper, The Detroit News, wrote a similarly written editorial, basically saying the SAME THING. The Article itself is now offline, and you have to pay to get it. But luckily for me; I blogged about it.  The Article says and I quote:

President Barack Obama’s proposed cap-and-trade system on greenhouse gas emissions is a giant economic dagger aimed at the nation’s heartland — particularly Michigan. It is a multibillion-dollar tax hike on everything that Michigan does, including making things, driving cars and burning coal.

The president is asking for a system of government limits on carbon emissions. The right to emit carbon would be auctioned off to generate revenue for more government spending programs.

The president’s budget projects receipts totaling $646 billion through 2019 from the sale of these greenhouse gas permits.

The goal, according to the president’s budget outline, is to reduce greenhouse gas emissions such as carbon dioxide to 14 percent below 2005 levels by 2020.

Doing so will drive up the cost of nearly everything and will amount to a major tax increase for American consumers.

Such a tax will hit the Midwest particularly hard, which is why House Minority Leader John A. Boehner, R-Ohio, told the New York Times, “let’s just be honest and call it a carbon tax that will increase taxes on all Americans who drive a car, who have a job, who turn on a light switch, pure and simple.”

The carbon tax will be paid by energy companies, manufacturers and public utilities, who will pass the cost on to their consumers. Michigan will be especially targeted. It gets 60 percent of its electric power from coal plants, and the state’s economy is still reliant on heavy manufacturing such as car and truck assembly and auto parts production.

Michigan will lose as carbon tax money is shifted to states with a greater presence of high-tech and service businesses.

The proposed tax would take effect in 2012 and has the very real potential to throw the nation back into recession, if indeed the expected recovery has arrived by then. It’s impossible to raise costs for such basics as manufacturing and energy production by more than half a trillion dollars over a decade and not have the effects felt across the economy.

The nation’s gross domestic product contracted at an annualized rate of 3.8 percent in last year’s fourth quarter — the worst economic record in nearly three decades. Is this really a good time to be talking about a carbon tax? How will such talk impact investment decisions?

Obama promises to use some of the revenues for tax relief for certain workers and some of the rest for subsidies for alternative energy. But that won’t make up for the damage this huge new tax will do to the economy, especially in Michigan.

So, maybe, perhaps maybe, Sarah Palin is not as stupid as these liberals want to make her out to be. At least, she right on point about this Cap and Trade Legislation. It would raise taxes and be a job killer for Michigan and yes, for the rest of the Country.

Others, Yes, Including idiot liberals who are mocking her: The Fix, The Atlantic Business Channel, The New Republic, The Huffington Post, Washington Wire, The Daily Dish, The Hill’s Blog Briefing Room, Ezra Klein, Boston Globe, Hot Air, Right Wing News, PERRspectives, PoliGazette, The Strata-Sphere, Wake up America, Moe Lane, The Note, The Daley Gator, Democratic Strategist, Zandar Versus The Stupid, NY Daily News, The Politico, The Swamp, NewsBusters.org, No More Mister Nice Blog, Gawker, Gathering of Eagles: NY, Sister Toldjah, YID With LID, Macsmind, Classical Values, GOP 12, Stop The ACLU, TBogg, American Power, Real Clear Politics, Green Inc., Gateway Pundit, Cold Fury, PoliBlog, Balloon Juice, Latest Open Salon Blog and Left in the West

TOTUS goes to pieces………Literally

Ya know; I’ve heard of going to pieces on the job. But, this is a little ridiculous.

Jack Tapper reports:

ABC News’ Sunlen Miller and Jake Tapper report: If a teleprompter falls in the White House, does it make a sound?

Yes, especially when it’s the President’s teleprompter – or TOTUS as it is often referred to.

Midway through his speech on urban and metropolitan policy in the Eisenhower Executive Office Building this afternoon, one of his two small glass prompters came crashing down, hitting the wood floor and crashing in many pieces. It made quite a ruckus.

“Oh, goodness,” a startled President Obama said. “Sorry about that, guys.”

He then proceeded on with his remarks, “To pull our economy back from the brink, including the largest and most sweeping economic recovery plan in our nation’s history…”

For the rest of the speech the president relied on the one remaining teleprompter, to his right, and notes on his podium to finish his speech.

Shards of glass remained near the president’s feet for the duration of his speech.

Video:

Alternative View Here

Poor thing; must have gotten tired, with all the hard work in the White House. Either that or all of the Socialism had him depressed, and he just could not take it any longer.

Other Blogs covering this horrible tragedy:

(H/T and Thanks to AllahPundit)

No Matter what your Politics is… Hate Speech is STILL WRONG

There is a big story burning up the Blogsophere right at the moment. I guess some liberal happened to go over to Free Republic and spotted some nasty remarks about Obama’s daughter.

Gawker has the story:

We should’ve seen this coming: conservative blog Free Republic fired hate speech off at Malia Obama after this photo of her appeared, letting their commenters go to town. But the journalist who reported this as news isn’t innocent, either. Chris Parry of The Vancouver Sun highlighted some of the comments on the mainstream, hard right-wing blog/news aggregator Free Republic. Among them, a picture of Michelle talking to Malia Obama with the caption: “To entertain her daughter, Michelle Obama loves to make monkey sounds.” Classy.

[….]

FreeRepublic claims to be a site that “does not advocate or condone racism, violence, rebellion, secession, or an overthrow of the government.” Yet, the thread went down, and back up with the original comments in tact, and then some, notes Chris Parry, the story’s writer. Parry was careful and kind enough to – maybe unnecessarily – note the few reasonable voices in the crowd who were conservative, on Free Republic, and not racist. But there’re always going to be a few exceptions to the rule, which, as far as you should be concerned, are absolute swamp creatures. Pardon any political incorrectness, but I think you’ll agree if you happen to go over and dip your toe in what’s mostly a bog of contagiously slimy invective and general retardation.

It gets worse, though. Chris Parry, it appears, has advocated on his Daily Kos blog any number of egregious offenses, among them: posting hate speech on sites like Free Republic and blaming it on conservatives. Parry posted under the name “hollywoodoz” on Daily Kos, where his signature was “Fool me once, I’ll punch you in the fucking head.” Parry outed himself as hollywoodoz here, where he discloses the company he helped start. In essence: Parry, the journalist, found his story right where he’d been circling it for a very long time, and reported it as news. Sigh.

Bottom line: Parry’s noble intentions are paving him a road to hell, by taking the same one the slimeball majority at Free Republic employs. They’re probably going to cheer a “mainstream,” centrist blog pointing out the offenses of a liberal reporter trying to expose hate speech, but they shouldn’t get it mixed up. A quick glance at Free Republic and you’ll probably see the same thing I did: some of the most egregious examples that lend credence to the idea that some people just shouldn’t be allowed near a keyboard, or to open their mouths, no matter what their political affiliation. Or, as some would have it: STFU.

There you have it; What happened, basically in four paragraphs.

Here is my take on all this mess. As someone who has went over the line once myself. Hate Speech is wrong. I do not give two flips who is doing it. I do not care, if you are a Right Winger, or a Liberal. This sort of nonsense is wrong. You say, “But they do it!”, So what? Do two wrongs make a right? Hell No! It just makes two wrong people!  This Chris Parry nut-job ought to be fired for trying to smear Conservatives, and ought to be SUED for a libel by the owner of the Free Republic. Not to mention the Vancouver Sun for allowing this idiot to write this report.

Just as well; The owner of the Free Republic ought to take some responsibility for the actions of his users. Whomever made the racist comments ought to be banned for life from that site. I know that I have had to snip some comments here from this Blog myself, when a couple people went overboard. It is simply called responsibility.

My feelings on this subject are not limited my partisan or Political Ideology. What is wrong; is wrong. No matter who is doing it. Period.

Others: Politics Daily, Say Anything, Lean Left, JammieWearingFool, Scared Monkeys, Gateway Pundit, The Progressive Republican, freerepublic.com, The Moderate Voice, The Huffington Post, Wake up America, Mediaite, Moonbattery, The Reaction and Latest Open Salon Blog

Update: Title changed after someone politely informed me, that I was using an improper word.

John Stossel takes on Liberal Propagandist Michael Moore

I happen to like John Stossel; because he dares to take on the Liberals. Not in a mean or nasty way. But by simply stating the truth.

He writes about Michael Moore’s latest Movie:

Michael Moore has been working on another documentary.  This time, he’s taking on capitalism:

“The wealthy, at some point, decided they didn’t have enough wealth. They wanted more — a lot more. So they systematically set about to fleece the American people out of their hard-earned money.”

How ridiculous is that?  The wealthy, and everyone else, almost always decide that they don’t have enough wealth.  People ask their bosses for raises.  We invest in stocks hoping for bigger returns than Treasury Bonds bring.  “Greed” is a constant.  The beauty of free markets, when government doesn’t meddle in them, is that they turn this greed into a phenomenal force for good.  The way to win big money is to serve your customers well.  Profit-seeking entrepreneurs have given us better products, shorter work days, extended lives, and more opportunities to write the script of our own life.

He goes on…:

Moore also fails to understand is that it was not “capitalism” run amok that caused today’s financial problems.   In reality, it was a combination of ill-conceived government policies and an overzealous Federal Reserve artificially lowering interest rates to fuel a bubble in the housing market.  Then it was government that took money from taxpayers and forced banks to accept it.

Moore ought to understand that, because he makes a good point when he says his movie will be about “the biggest robbery in the history of this country – the massive transfer of U.S. taxpayer money to private financial institutions.”

That is indeed robbery.  It sure doesn’t sound like capitalism.

Nope, sounds more like socialized Healthcare or simply Socialism in general; to me.

Mike Tennant writing over at Lew Rockwell’s Blog chimes in:

According to the press release you linked, Chris, “Moore has made three of the top six highest-grossing documentaries of all time,” which presumably means he has accumulated a great deal of wealth.  Apparently, since he continues to foist his so-called documentaries on an unsuspecting public, Moore has decided that he doesn’t have enough wealth.  He wants more–a lot more.

Like most anti-capitalists, Moore has no problem personally profiting from his own endeavors while demonizing other successful persons and attempting to have them dispossessed of their wealth.  The good news is that Moore ultimately has to answer to the marketplace and thus may find himself begging for work from the very people he now condemns if enough of his audience members wake up to the fact that he’s a charlatan and stop shelling out their increasingly scarce cash for his celluloid propaganda.

Mike is right on point; that is exactly how the socialists in America are. The Socialist left wants to preach to America, how evil, rotten, nasty and no good the evil capitalist system is; all the whole pocketing a profit from their lectures, Movies and the books that they just happen to make a profit at.  It is more of that “Yea for me, but Nay for thee”, type of mentality and outright hypocritical nonsense that the Far Socialist left is known for.

The troubling thing about it, is this; these knuckle-headed socialists basically control the Democratic Party and it’s message.  Hence my reasoning for not wanting anything to do with them or their Party any longer.

Give me Capitalism, Freedom and Liberty or Give Me Death!

Others: Wake up America

Unbelievable: Eric Holder Considering Prosecuting Bush Administration officials; for keeping America safe

This piece of sorry news comes from NewsWeek:

It’s the morning after Independence Day, and Eric Holder Jr. is feeling the weight of history. The night before, he’d stood on the roof of the White House alongside the president of the United States, leaning over a railing to watch fireworks burst over the Mall, the monuments to Lincoln and Washington aglow at either end. “I was so struck by the fact that for the first time in history an African-American was presiding over this celebration of what our nation is all about,” he says. Now, sitting at his kitchen table in wtcattack1jeans and a gray polo shirt, as his 11-year-old son, Buddy, dashes in and out of the room, Holder is reflecting on his own role. He doesn’t dwell on the fact that he’s the country’s first black attorney general. He is focused instead on the tension that the best of his predecessors have confronted: how does one faithfully serve both the law and the president?

Alone among cabinet officers, attorneys general are partisan appointees expected to rise above partisanship. All struggle to find a happy medium between loyalty and independence. Few succeed. At one extreme looms Alberto Gonzales, who allowed the Justice Department to be run like Tammany Hall. At the other is Janet Reno, whose righteousness and folksy eccentricities marginalized her within the Clinton administration. Lean too far one way and you corrupt the office, too far the other way and you render yourself impotent. Mindful of history, Holder is trying to get the balance right. “You have the responsibility of enforcing the nation’s laws, and you have to be seen as neutral, detached, and nonpartisan in that effort,” Holder says. “But the reality of being A.G. is that I’m also part of the president’s team. I want the president to succeed; I campaigned for him. I share his world view and values.”

These are not just the philosophical musings of a new attorney general. Holder, 58, may be on the verge of asserting his independence in a profound way. Four knowledgeable sources tell NEWSWEEK that he is now leaning toward appointing a prosecutor to investigate the Bush administration’s brutal interrogation practices, something the president has been reluctant to do. While no final decision has been made, an wtcattack2announcement could come in a matter of weeks, say these sources, who decline to be identified discussing a sensitive law-enforcement matter. Such a decision would roil the country, would likely plunge Washington into a new round of partisan warfare, and could even imperil Obama’s domestic priorities, including health care and energy reform. Holder knows all this, and he has been wrestling with the question for months. “I hope that whatever decision I make would not have a negative impact on the president’s agenda,” he says. “But that can’t be a part of my decision.”

[….]

Holder began to review those policies in April. As he pored over reports and listened to briefings, he became increasingly troubled. There were startling indications that some interrogators had gone far beyond what had been authorized in the legal opinions issued by the Justice Department, which were themselves controversial. He told one intimate that what he saw “turned my stomach.”

It was soon clear to Holder that he might have to launch an investigation to determine whether crimes were committed under the Bush administration and prosecutions warranted. The obstacles were obvious. For a new administration to reach back and 911firefightersmemorialinvestigate its predecessor is rare, if not unprecedented. After having been deeply involved in the decision to authorize Ken Starr to investigate Bill Clinton’s affair with Monica Lewinsky, Holder well knew how politicized things could get. He worried about the impact on the CIA, whose operatives would be at the center of any probe. And he could clearly read the signals coming out of the White House. President Obama had already deflected the left wing of his party and human-rights organizations by saying, “We should be looking forward and not backwards” when it came to Bush-era abuses.

Still, Holder couldn’t shake what he had learned in reports about the treatment of prisoners at the CIA’s “black sites.” If the public knew the details, he and his aides figured, there would be a groundswell of support for an independent probe. He raised with his staff the possibility of appointing a prosecutor. According to three sources familiar with the911attack process, they discussed several potential choices and the criteria for such a sensitive investigation. Holder was looking for someone with “gravitas and grit,” according to one of these sources, all of whom declined to be named. At one point, an aide joked that Holder might need to clone Patrick Fitzgerald, the hard-charging, independent-minded U.S. attorney who had prosecuted Scooter Libby in the Plamegate affair. In the end, Holder asked for a list of 10 candidates, five from within the Justice Department and five from outside.

[…]

The next few weeks, though, could test Holder’s confidence. After the prospect of torture investigations seemed to lose momentum in April, the attorney general and his aides 911attackfirefightersturned to other pressing issues. They were preoccupied with Gitmo, developing a hugely complex new set of detention and prosecution policies, and putting out the daily fires that go along with running a 110,000-person department. The regular meetings Holder’s team had been having on the torture question died down. Some aides began to wonder whether the idea of appointing a prosecutor was off the table.

But in late June Holder asked an aide for a copy of the CIA inspector general’s thick classified report on interrogation abuses. He cleared his schedule and, over two days, holed up alone in his Justice Depart ment office, immersed himself in what Dick Cheney once referred to as “the dark side.” He read the report twice, the first time as a lawyer, looking for evidence and instances of transgressions that might call for prosecution. The second time, he started to absorb what he was reading at a more emotional level. He was “shocked and saddened,” he told a friend, by what government servants were alleged to have done in America’s name. When he was done he stood at his window for a long time, staring at Constitution Avenue.

I hope that if and when Mr. Holder decides to appoint this special prosecutor; that he keeps the follow items in mind: (H/T to The Corner)

*  Alberto Gonzales did not attempt to mislead Congress in 2007 when he testified that the controversy that erupted at the Justice Department in 2004 was not over what was popularly known as the “terrorist surveillance program” (i.e., the NSA’s warrantless surveillance program to intercept suspected terrorist communications that crossed U.S. borders — the effort the Left smeared as “domestic spying”).  In fact, as Gonzales told the Senate judiciary Committee, the controversy was about other intelligence activities.

*  When congressional Democrats rolled their eyes, suggested that Gonzales was lying, and groused that a special prosecutor should be appointed, they well knew he wasn’t lying — but they also knew he couldn’t discuss the intellligence activities at the center of the controversy because those activities were (and remain) highly classified. That is, they knowingly badgered the Attorney General of the United States at a hearing in a calculated effort to make him look dishonest and to intimate something they knew to be untrue: namely, that the dispute at DOJ arose because senior officials believed warrantless surveillance was illegal.

*  Before Gonzales and President Bush’s then chief-of-staff, Andy Card, went to see Attorney General Ashcroft in the hospital (where he was being treated for pancreatitis), President Bush directed his administration to meet with top congressional Democrats and Republicans (Senate leaders Frist and Daschle, Speaker Hastert and House minority leader Pelosi, Roberts and Rockefeller from Senate Intel, and Goss and Harman from House Intel) to alert them that Ashcroft’s deputy, Jim Comey, had refused to sign off on intelligence activities that Ashcroft had previously approved.  Advised of the problem, the Gang of Eight did not agree to a quick legislative fix but, according to Gonzales’s contemporaneous notes, agreed that the intelligence activities should continue.  (Three years later, after Gonzales’s testimony, Pelosi, Rockefeller and Daschle claimed that they hadn’t agreed.)

*  Only after this meeting with the bipartisan congressional leaders, and with the prior 45-day authorization for all the program’s activities about to expire, did Gonzales and Card go to the hospital to visit the ailing Ashcroft — at the direction of President Bush.

*  Between the time the time the collection intelligence activities that came to be known as the “Terrorist Surveillance Program” was first authorized after the 9/11 attacks until the warrantless surveillance aspect of the program was exposed by the New York Times in December 2005, the Bush administration briefed the bipartisan leadership of the congressional intelligence committees 17 times about the activities involved in the program.

In sum, congressional Democrats knew about the program and knew that the dissent of the Justice Department’s senior leadership in 2004 was not about warrantless surveillance. They knew that if they postured that the dissent was about warrantless surveillance, Gonzales — not an adept communicator — would not be able to rebut them in a public hearing because the details of the dispute were classified.  Congressional Democrats also knew that President Bush agreed to make changes in the program in March 2004 to assuage DOJ’s concerns, and they knew that the program activities continued thereafter for a year-and-a-half (i.e., until the Times blew part of the program) without incident and with bipartisan congressional leadership continuing to be briefed.

The point I am trying to make is this, that the so-called “torture”; which was approved by Congress, prevented attacks on Los Angeles and various cities around the country.  It also saves lives and gets people to talk. It is also used to train our Military as well.

My advice to Holder is this; if you want to tear this Country apart, again, after a long eight years of it being sharply divided; go right ahead. If you want to tear down the Democratic Party; you know; the one of your own boss? The go right ahead and do this. If you want ruin the chances of America ever defending itself from another terrorist attack, then go right ahead and do this.  If you want to make a mockery of yourself and the entire polical system in America, go right Mr. Holder and do what you must do. It will be on your hands, what becomes of this Country.

I dread the next coming months.

Others: Gateway Pundit, Atlas Shrugs,

The Obama Booty call, wasn't one after all.

Remember the Booty Call thing that I blogged about?

Well, perhaps not:

Yeah, I know, there was another photo too, but as Michelle Malkin notes; it too, was taken horribly out of context.

So, I am all for the reporting of said booty calls. But when there’s no booty call to report, there’s none to report.

Nothing to see here, move along…. 😀

Michael Goldfarb just cannot contain his racial bias

Michael Goldfarb in his Wilsonian Magazine writes:

Given that Palin is basically in a statistical tie with Romney and Huckabee for the pole position in the 2012 primary, it’s not clear why Steele keeps shooting his mouth off about a favorite among the rank and file, but he’d be well advised to zip it. Also, it would be helpful if Steele could just let us know which candidates he is grooming so that the party can quarantine them in case the stupidity is contagious.

Gee Mike, I wonder; would you have written that about Steele if he were a White Man? I highly doubt it. Further more, this speaks to the desire of the Wilsonian, Neo-Conservative wing of the Republican Party to want to still control that Party.

The man and his Wilsonian counterparts ought to just face facts, they lost; because of their elected leaders idiotic nonsense for past 8 years, They lost the country to a Neo-Liberal. Which now is going to lead the Nation down a very hard path. That what happens when you put Zionistic ideology in front of the best interests of the Country.  

No wonder John McCain lost the election and more recently, no wonder Rupert Murdock sold that idiotic magazine off. Rolling Eyes

How’s that stimulus working out for you Barry?

Apparently not too well it seems.

The Washington Post (!) Reports:

Five months after Congress approved a massive package of spending and tax cuts aimed at reviving an ailing economy, the jobless rate is still climbing and the White House is scrambling to reassure an anxious public that President Obama’s prescription for economic recovery is on the right track.

Yesterday, Obama took time out of his first presidential trip to Moscow to defend the $787 billion stimulus package, arguing that the measure was the right medicine at the right time. “There’s nothing that we would have done differently,” he told ABC News

So, beings the Democratic Party’s proverbial teeth chattering session, where they realize, “Uh-Oh, we messed up! Now how do we fix it?”

Back in Washington, senior Democrats on Capitol Hill were nervously contemplating whether additional government stimulus spending may be needed to pull the nation out of the worst recession since the 1930s. Senior administration officials acknowledged that the effects of the stimulus package have been overshadowed by an unexpectedly sharp drop-off in employment since the measure passed in February. But they reported that only about $100 billion has so far been spent and that as increasingly large sums flow out of Washington, the program is on pace to save or create 600,000 jobs over the next 100 days.

“It is clear from the data that there needs to be more fiscal stimulus in the second half of the year than there was in the first half of the year,” White House economic adviser Lawrence H. Summers said. “Fortunately, the stimulus program designed by the president and passed by Congress provides exactly that.”

Leading economists agree that the most powerful effects of the stimulus package have yet to be felt. But even if the measure lives up to Obama’s expectations, it would barely offset the 433,000 jobs the nation lost last month alone, and the resulting employment would represent a drop in the bucket compared with the 6.5 million jobs lost since the recession began in December 2007.

“Just 130 days out on the adoption of a very, very major effort to get the economy moving, certainly I don’t think we can make a determination as to whether or not that’s been successful,” House Majority Leader Steny H. Hoyer (D-Md.) said yesterday. But, he said, “I think we need to be open to whether or not we need additional action.”

Oh Yes! We just poured a couple generation’s worth of money into a Economic system that is basically; on it’s face, is broken and does not work. This did not work, so, we’re going to basically pour money into that same broken system and see if we can make the economy recover. Rolling Eyes

If anything this ought be a lesson for the Democratic Party that Keynesian Pump Priming, just does not work. But you think that the Democrats would learn that lesson? No. Because they’re dumb! Silly

Of course, the Republicans are a bit more smarter about this:

Republicans, meanwhile, pounced on news that the unemployment rate increased to 9.5 percent in June and accused the Democrats of sinking the nation deeper into debt to finance an economic recovery package that has failed to save American jobs. Noting that the Obama administration predicted earlier this year that stimulus spending would keep the unemployment rate under 8 percent, Rep. Eric Cantor (R-Va.), the No. 2 Republican in the House, said, “I think any objective measure would indicate there’s a failure when you have a commitment of nearly $800 billion in taxpayer funds and you have the type of job loss we’re experiencing.”

With many economists forecasting that the jobless rate will continue to climb — and is likely to stay above 10 percent through much of next year — Republicans vowed to make the 2010 midterm election a referendum on Obama’s stewardship of the economy. “I think they’re going to have some significant problems,” said Sen. John Cornyn (R-Tex.), who leads the GOP campaign operation in the Senate, “and I view those as opportunities for us.”

Hopefully, the Republicans will frame these opportunities properly. Of course, their track record here as of late, has not been too good.

Meanwhile, in the reality sector:

Despite the deepening pain of the recession, many Democrats in the White House and on Capitol Hill yesterday counseled patience. They said it would be extraordinarily difficult to win approval for more spending on the economy when Obama is pursuing a host of other expensive initiatives, including a $1 trillion expansion of the nation’s health-care system. And they argued that the current stimulus package should be given a chance to work.

The stimulus was designed to deliver a gradually stronger push to the economy through the end of next year. It contains about $499 billion in new spending and about $288 billion in tax cuts for working families, businesses, college students and first-time home buyers.

When the measure passed, the nonpartisan Congressional Budget Office predicted that about a quarter of the money would be spent by year’s end, and that about 75 percent would flow by the end of 2010. So far, economists said, spending appears to be on track.

According to administration estimates, about $158 billion in new spending had been committed to specific projects by the end of June, but just a fraction of that money — about $56 billion — had been delivered to struggling state governments, unemployed workers and other recipients. An additional $43 billion had been left in the pockets of individuals and businesses through uncollected taxes, much of it the result of Obama’s signature Making Work Pay tax credit for working families.

Those figures track closely with estimates by Mark Zandi, chief economist for Moody’s Economy.com, who calculates that the government made $242 billion in stimulus funds available for various purposes through the end of June and paid out about $110 billion. In a recent analysis, Zandi predicted that “the maximum contribution from the stimulus should occur in the second and third quarters of this year,” when it will add more than three percentage points to overall economic growth.

“It’s pretty much according to plan in terms of the payout and in terms of its economic impact. This is in the script,” Zandi said. The problem, he said, is that “the economy has been measurably worse than anyone expected,” with a surprisingly sharp “collapse in employment and surge in unemployment” that caught most economists off guard.

“That’s why the administration’s forecasts have been so wrong,” he said.

None of this surprises me in the least. I warned on this blog long ago that this would happen. But, of course, you have the Democrats spinning this, and very hard too:

The White House continues to predict that the stimulus package will save or create 3.5 million jobs by the end of next year. Zandi predicts it will fall short of that, producing about 2.5 million jobs — still a significant impact.

Whatever the number, Democrats are hoping it will be enough to convince voters that Obama is leading them out of the economic wilderness.

“I think the president was very clear that things were going to take a long time to turn around,” said Rep. Chris Van Hollen (D-Md.), who leads the Democratic Congressional Campaign Committee in charge of electing Democrats to the House. Republicans “are making the argument to the American people that doing nothing would have been the best policy. And I don’t think people will buy that. . . .

“The measures we have taken have certainly prevented things from getting much worse.”

According to what figures? Because the charts I have seen, say otherwise:

stimulus-vs-unemployment-june-proj-dots

What this chart shows is that unemployment was far higher with the stimulus plan, than it would have been, if Team Teleprompter would have just left well enough alone.

What this means to me personally is this; I will most likely be unemployed until like 2010 or longer. Thereby making myself impossible to he hired anywhere, because I haven’t worked in so long. Which is just wonderful. Rolling Eyes

Thank you President Bambi Teleprompter for ruining America, you feckless idiot! Angry

Others:  Hot Air,  

Ooopsie!: In a slip of the tongue, Obama Demotes Russia's Current President

This is kinda of funny….:

In a slip of the tongue, U.S. President Barack Obama described Prime Minister Vladimir Putin on Monday as president, echoing the widely held view that he remains Russia’s most powerful man.

Putin surrendered the presidency to protege Dmitry Medvedev last May to take the lesser post of prime minister, but most political analysts say Putin remains Russia’s ultimate decision maker.

The dual leadership has left foreign leaders to walk a difficult diplomatic tightrope. In line with protocol Obama met Medvedev ahead of talks with the lower ranking Putin.

At a news conference Obama gave a carefully worded reply about the effectiveness of the leadership tandem when a U.S. journalist bluntly asked “who is really in charge here in Russia?”

But minutes later, speaking about Medvedev’s objections to a controversial missile defense system planned for central Europe, Obama slipped:

“I suspect when I speak to President..eh.. Prime Minister Putin tomorrow, he will say the same thing.

via Obama trips up over Russian leadership tandem | Politics | Reuters.

The teleprompter must have been taking a nap. 😀

….and yes, I know all about the Bush screw ups. So, no need to remind me. 😛