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,  

A Libertarian Lefty Attacks me….

Some libertarian leftist slams me on a blog, that brought 40 whole readers over here… 🙄

Anyhow… here’s what the Anarchist wrote:

looks like Lew Rockwell’s strategy of printing non-anarchist essays snagged a state-lover. When Lew showed his true nature, anti-state, this person thought he was being anti-American. Hey, Pat. I love my country, but I hate your government. And so does Lew. When you’re ready to stop pointing guns at people over every little thing, we can talk. But I’m not going to close comments on my blog, like you did on yours. Afraid of a little debate, eh?

via WTF?: Starting to really wonder about Lew Rockwell’s Blog | End the War on Freedom.

3 years ago, when I first started blogging; I would have ripped this person a new one. But seeing that I am a bit more refined than this guy. I will simple answer the questions.

  1. No, I am not a Statist.
  2. If you so hate this Government; which is an extension of this country; so much, why don’t you leave? Nothing is keeping you here.
  3. I will stop pointing Guns at people, when people like the Islamic Terrorists, (I know, Islamic, Terrorist = Redundancy)   that you lefties just love to death, stop trying to kill people.

The whole problem with you lefty anarchists is this, you love chaos, and that chaos is used to forum a vacuum; which is quickly filled by big Government. Which I totally despise. Kinda like I despise the Socialism of your Democratic Cousins. (Again, Democrats, Socialism = Redundancy)

The problem with the puritan stance on the Libertarian foreign policy is that it is rooted in flawed thinking and conspiracy theory. Hence the reason that Ron Paul looked like a damn buffoon. He is absolutely right on Iran and So are you. I give you that; but Afghanistan is another story. Those bastards that flew those planes into the trade centers were not Jews, Not Christians, not anything, but Muslims, Islamic men. Terrorists? The whole damn religion is a religion of war.

The whole idea, that according to the Libertarian idea of foreign policy is that if we are attacked, we should just sit and take it and not do nothing; is idiotic at best. Hence the reason I am not involved in that party, in a formal manner.  I agree with the principles of free enterprise and capitalism. But that party loses me, when they beginning to speak of the federal Government in conspiratorial terms. I just do not believe that the Government is smart enough to do anything, like they believe that it does; much less keep it a secret.

Also, let me say another thing. Libertarians; especially those of the Libertarian left or anarchists is this. They hate our Country and it’s form of lawful Government. In the name of so-called freedom, they commit acts of, yes, terrorism. To further their political agenda. Kind of like Bill Ayers. Yes, that is correct, I said it. Al-Aqaeda and the Libertarian left have much in common. They both hate our Country and our values system, our freedom and our Capitalist system.  It was this same attitude that was on the mind of those who flew those planes into the trade centers. It is a sad thing to say, but it is the truth.

Admittedly, there have been times, when the Federal Government has overstepped it’s bounds. I have blogged about many instances where this has happened. That is why you have Conservatives and Right-libertarians, like myself, who have blogs, like me, that throw up the red flag and bring this sort of nonsense to the attention of the American people. This causes the Government, like in recent times to go, “Ooops! Our Bad!” and make changes to correct those mistakes. This is why people like me believe that big Government is BAD GOVERNMENT! Because of it’s tendency to make very stupid and sometimes horrific mistakes. Case in point; Waco, Ruby Ridge, and so on….

In fact, anyone that has read this blog, more than just coming and read one entry knows; that I am totally anti-centralized Government.  In fact, I, like many of my Southern Paleo-Conservatives believe that Abraham Lincoln was a traitor. Not because he freed the slaves; but because he introduced a centralized form of Government. Not to mention the form of barbarism or as it called today; Terrorism that he inflicted on the south, in a war; that was not even fought remotely fair.

Having said all that……. I did answer his accusations of me not wanting a debate. I do close comments here after 10 days. Because I hate getting comments about something that I wrote like, a year ago and have go back and see what they heck they are talking about. Running a blog is all about being current and fresh. Not about harping on the past. Hence the reason they automatically close. I think he wants a blog fight or a argument. I just don’t desire to debate people that I disagree with; it doesn’t change a damn thing. All it does is cause problems, and I just do not need it, nor want it.

Heh: Liberals are now whining about increased food prices

TOO FUNNY!:

Until recently, whenever we went to the farmers’ market, we would lug home $50 pork roasts and $14 gallons of milk. We would spend over $100 on food that might not last more than three days. Sometimes we’d shop on Saturday morning and have nothing to make for dinner on Monday. I shrugged this off as one of those oddities of New York life, like getting a ticket because your neighbor put out his trash on the wrong day. But the $35 chicken made me reconsider. Buying sustainably raised beef and sustainably squeezed milk and sustainably hatched poultry is a way of life that, these days, I just can’t sustain.

There were reasons I fell into the habit of spending more money in one morning at the farmers’ market than some people spend on an engagement ring. These farmers — whom I began to imagine driving new BMWs once they got back upstate — were doing good work. They stayed away from pharmaceuticals, so we didn’t have to worry that we were feeding Dexter and his baby brother, Elliot, stray hormones or antibiotics. We had never been strict about buying organics, but we liked apples from orchards that didn’t apply pesticides with a fire hose. And apart from that infamous chicken, most of the products from the farmers’ market were grand on the dinner table. The question was: How much grandeur could we afford?

via Cooking With Dexter – The New Chicken Economy – NYTimes.com.

Liberals think it is bad now; wait till the hyper inflation hits, no thanks to “The One’s” failed stimulus plan.

(H/T and Thanks to Mere Rhetoric)

Next time someone tells you that Islam is a Religion of peace; Show them this video

The Synopsis of this video:

This is a video of David Wood and Nabeel Qureshi asking questions at Arabfest, Dearborn. The date is June 21st, 2009. There was a booth at the festival which had a banner titled “Islam: Got Questions? Get Answers.” From their table, we picked up a pamphlet claiming that Islam promotes peace. We noticed that it was full of poor logic and errors, so we decided to make a video refuting it. We went to the booth that gave us the pamphlet to give them the opportunity to defend their claims. Security, however, stepped in and forced us to turn off our camera.

We left the booth, received advice from police, and found out that the actions of the security guards were illegal. We went back to the booth to record a potential answer again. Realizing that the Muslims present had no answer, we left.

When we came outside, we were asked some questions by two young men, who had been sent by security to entrap us. While we responded to them, festival security started assaulting us, as you will see in this video. The conclusion of this video is a mob of festival security attacking our cameras, pushing us back, kicking our legs, and lying to the police.

We ask you, is it a coincidence that the city with the highest percentage of Muslims in the United States is the city where Christianity is not allowed to be represented (let alone preached) on a public sidewalk? Is it coincidence that in this city, people will say “No way!” when we say “This is the United States of America”?

Is this what will happen when Islam takes over the United States?

You see Ladies and Gents, THIS is what celebrating diversity does to you. It gets you attacked by Islamic terrorist THUGS! Rick Warren and his purpose driven life, “Let’s love everyone and not judge”, kind of Christianity is just that; it celebrates diversity. Islam, a religion of peace….. What a lie! 😡 This is why, if I ever was going to film, I would go armed. Any security person who approached me and tried to hurt me, would be killed.

Enjoy this video! (Via Gateway Pundit)

WAKE UP AMERICA to the LIE OF ISLAM!

Acts 17 Apologists website.

Don't believe the hype on the Coup in Honduras

That is what Octavio Sánchez is saying, and he should know; he’s there:

Tegucigalpa, Honduras – Sometimes, the whole world prefers a lie to the truth. The White House, the United Nations, the Organization of American States, and much of the media have condemned the ouster of Honduran President Manuel Zelaya this past weekend as a coup d’état.

That is nonsense.

In fact, what happened here is nothing short of the triumph of the rule of law.

[….]

Under our Constitution, what happened in Honduras this past Sunday? Soldiers arrested and sent out of the country a Honduran citizen who, the day before, through his own actions had stripped himself of the presidency.

These are the facts: On June 26, President Zelaya issued a decree ordering all government employees to take part in the “Public Opinion Poll to convene a National Constitutional Assembly.” In doing so, Zelaya triggered a constitutional provision that automatically removed him from office.

Constitutional assemblies are convened to write new constitutions. When Zelaya published that decree to initiate an “opinion poll” about the possibility of convening a national assembly, he contravened the unchangeable articles of the Constitution that deal with the prohibition of reelecting a president and of extending his term. His actions showed intent.

Our Constitution takes such intent seriously. According to Article 239: “No citizen who has already served as head of the Executive Branch can be President or Vice-President. Whoever violates this law or proposes its reform [emphasis added], as well as those that support such violation directly or indirectly, will immediately cease in their functions and will be unable to hold any public office for a period of 10 years.”

Notice that the article speaks about intent and that it also says “immediately” – as in “instant,” as in “no trial required,” as in “no impeachment needed.”

Continuismo – the tendency of heads of state to extend their rule indefinitely – has been the lifeblood of Latin America’s authoritarian tradition. The Constitution’s provision of instant sanction might sound draconian, but every Latin American democrat knows how much of a threat to our fragile democracies continuismo presents. In Latin America, chiefs of state have often been above the law. The instant sanction of the supreme law has successfully prevented the possibility of a new Honduran continuismo.

The Supreme Court and the attorney general ordered Zelaya’s arrest for disobeying several court orders compelling him to obey the Constitution. He was detained and taken to Costa Rica. Why? Congress needed time to convene and remove him from office. With him inside the country that would have been impossible. This decision was taken by the 123 (of the 128) members of Congress present that day.

Don’t believe the coup myth. The Honduran military acted entirely within the bounds of the Constitution. The military gained nothing but the respect of the nation by its actions.

via A ‘coup’ in Honduras? Nonsense. | csmonitor.com.

But yet you have idiot douche bag Communist Liberals, like Hillary Clinton, Like President Obama and the U.N. trying to tell the people in Honduras; that this man was right for doing this. I guess Senator McCarthy was right after all. The Democratic Party has been taken over by the Socialists, who are basically Communist light.  So, to this writer; is no big surprise that President Obama and his right hand lady Hillary Clinton took sides with the Communists.

Cartoons of the Day (Open Thread)

I’ve been slacking and I kinda forgot about posting the cartoons. Consider this an open thread too.

Via

Via

Via

Via

I haven’t done this in a while… Consider this an open trackback posting as well.

Trackposted to The Pink Flamingo, Rosemary’s Thoughts, Nuke Gingrich, , and The World According to Carl, thanks to Linkfest Haven Deluxe.

Linkfest Haven, the Blogger's Oasis

Franken-Gate Continues

It now seems that the Conservative owned and funded WSJ has bad case of sour grapes and in the process shows it’s horrid case of bias in the process.

The WSJ Writes:

The Minnesota Supreme Court yesterday declared Democrat Al Franken the winner of last year’s disputed Senate race, and Republican incumbent Norm Coleman’s gracious concession at least spares the state any further legal combat. The unfortunate lesson is that you don’t need to win the vote on Election Day as long as your lawyers are creative enough to have enough new or disqualified ballots counted after the fact.

Mr. Franken trailed Mr. Coleman by 725 votes after the initial count on election night, and 215 after the first canvass. The Democrat’s strategy from the start was to manipulate the recount in a way that would discover votes that could add to his total. The Franken legal team swarmed the recount, aggressively demanding that votes that had been disqualified be added to his count, while others be denied for Mr. Coleman.

But the team’s real goldmine were absentee ballots, thousands of which the Franken team claimed had been mistakenly rejected. While Mr. Coleman’s lawyers demanded a uniform standard for how counties should re-evaluate these rejected ballots, the Franken team ginned up an additional 1,350 absentees from Franken-leaning counties. By the time this treasure hunt ended, Mr. Franken was 312 votes up, and Mr. Coleman was left to file legal briefs.

What Mr. Franken understood was that courts would later be loathe to overrule decisions made by the canvassing board, however arbitrary those decisions were. He was right. The three-judge panel overseeing the Coleman legal challenge, and the Supreme Court that reviewed the panel’s findings, in essence found that Mr. Coleman hadn’t demonstrated a willful or malicious attempt on behalf of officials to deny him the election. And so they refused to reopen what had become a forbidding tangle of irregularities. Mr. Coleman didn’t lose the election. He lost the fight to stop the state canvassing board from changing the vote-counting rules after the fact.

This is now the second time Republicans have been beaten in this kind of legal street fight. In 2004, Dino Rossi was ahead in the election-night count for Washington Governor against Democrat Christine Gregoire. Ms. Gregoire’s team demanded the right to rifle through a list of provisional votes that hadn’t been counted, setting off a hunt for “new” Gregoire votes. By the third recount, she’d discovered enough to win. This was the model for the Franken team.

Mr. Franken now goes to the Senate having effectively stolen an election. If the GOP hopes to avoid repeats, it should learn from Minnesota that modern elections don’t end when voters cast their ballots. They only end after the lawyers count them.

Uh, Sour Grapes much guys? Look, I am about as happy about Al Franken being a damn Senator; as I would be about getting a root canal. But this petty whining and crying, because you lost a legal challenge is just downright childish. Besides, Norm Coleman was most likely out of money and just could not afford to keep fighting. Not only this, The G.O.P. most likely told Coleman to drop it, because the G.O.P. was already bruising from the Mark Sanford scandal.  Not only this, but the G.O.P. is looking towards 2010 and 2012, and the last thing they need; is to be viewed by the General public as a party desperately trying to grasp for power.

Patrick Stack makes a valid point, but in the process dredges up old Democratic Party conspiracy theories and sour grapes of his own:

First, Norm Coleman’s concession was hardly “gracious” — he drew out the process in court for seven months, leaving Minnesota down one senator the whole time. And if anybody is the model for election legal street fights and sketchy vote-count maneuvering through the courts, I think that would have to be the guy who “won” in the 2000 Presidential election.

Glass houses, yo.

Patrick (Nice name, by the way! :D) makes a point in the first part of that, but in that second part, he drags out the old dead tired conspiracy theory that  Bush stole the election.  There is absolutely no valid proof that Bush stole that election, if there was, how come John McCain did not steal this election in 2008? That’s because there was no election fraud at all. The SCOTUS made that decision based upon one big factor, there was no way those votes could be counted down in Florida accurately, in a reasonable amount of time and Bush won more states than Gore; so, the Court decided in Bush’s Favor.  Now am I happy about that? Quite frankly; No, I am not. Bush economic polices proved to be a disaster for this country, his authorizing the bailout of all these banks. The War in Iraq; which Bill O’Reilly himself even has said was a waste.  I could go on and on about that, but I think you know what I mean. I never was a Bush Cheerleader, anyone that reads this blog knows this to be a fact.

Chris Cillizza over at “The Fix” has a nice explanation of how Coleman won, sans the Conservative Sour Grapes.

Which brings me to my final and most important point. I was over at HotAir last night and I happened to watch this video here:

Now, first off this video is supposed to be what MSNBC calls “Fair and Balanced.” If that is fair and balanced, I think I want to move to another Country.  Secondly, If Markos and crew over at DailyKos think that the Democrats are going to now do every little thing that the “Nutroots” wants them to; they are going to be in for a HUGE surprise and letdown.  The Democratic Party establishment looks out for one person and one person alone; itself.  The only difference between the Establishment of the Democratic Party and the Republican Party; is the name.  Sure, the Grassroots or in this case the “Netroots”; may have some limited influence, but when the “Goodyear hits the Asphalt”, so to speak, the Establishment calls the shots and if Markos and company think that this 60 votes myth is going to change that, they are going to be in for a big surprise.

Oy!: You'd think they would learn; perhaps not….

Think the Democrats will learn from their prior mistakes, and won’t make them again?

Perhaps not:

(Reuters) – Two U.S. Democratic lawmakers want Fannie Mae and Freddie Mac to relax recently tightened standards for mortgages on new condominiums, saying they could threaten the viability of some developments and slow the housing-market recovery, the Wall Street Journal said.

In March, Fannie Mae (FNM.N)(FNM.P) said it would no longer guarantee mortgages on condos in buildings where fewer than 70 percent of the units have been sold, up from 51 percent, the paper said. Freddie Mac (FRE.P)(FRE.N) is due to implement similar policies next month, the paper said.

In a letter to the CEO’s of both companies, Representatives Barney Frank, the chairman of the House Financial Services Committee, and Anthony Weiner warned that a 70 percent sales threshold “may be too onerous” and could lead condo buyers to shun new developments, according to the paper.

The legislators asked the companies to “make appropriate adjustments” to their underwriting standards for condos, the paper added.

In an interview with the paper, Weiner said the rules have “had a real chill on the ability to get these condos sold,” at a time when prices of condos have fallen enough to attract potential buyers.

via Fannie, Freddie asked to relax condo loan rules: report | Reuters.

This is the same sort of stupidity that got us into the mess that we are in now. You would think that the Democrats in question would learn from their prior mistakes. So much for that idea. :roll:’

Of course, when you’re dealing with a party, that has been taken over by people, who are essentially Communist-lite in nature. What do you expect?