Good one.
Posted on 01/23/2011 9:52:58 AM PST by John Semmens
With unemployment still above 9% nationwide and new up-ticks to over 12% in the nation’s largest state, President Obama spoke out on the need to “turn things around.”
“For an economy to grow we need to build and invent stuff,” the president observed. “I’m not quite sure on what it takes to get stuff invented and built, but my Administration has been working hard to try to put together the right mix of bailouts, subsidies, and tax increases to do the trick.”
According to the president, “one of the deterrents to inventing stuff is the uncertainty of turning a profit on what’s invented. Government can help reduce this uncertainty by guaranteeing funding for firms that are inventing the technology of tomorrow—like green energy. Right now, for example, too much wind goes to waste. By harnessing it we can push ahead toward a brighter future.”
The president boasted that his new “jobs and competitiveness panel” would “provide guidance for a floundering private sector. Too many businesses are wondering what they should invent, what they should build. With government guidance coupled with government funding these questions will be answered and the country can move forward under a unified central plan.”
“As Vice-President Biden observed just a while back, every great invention, every great idea of the last 200 years came from government,” the President said. “Government is the uber think tank of our civilization. If we place our trust in the brainpower that resides in government there will be no limit to what we can accomplish.”
The president said that while he is hopeful that the country can move forward in a bipartisan way, the situation is so dire that he is prepared to forge ahead using executive authority. “The bright side is that even those who balk will be swept up in the rising tide of my progressive agenda for the future,” he concluded.
read more...
http://azconserv1.wordpress.com/2011/01/22/constitution-mandates-health-care-say-representatives/
So....for the past two years he’s been holding back?
And now watch as he grinds the gears until they are destroyed.
Is he going to focus like a laser?
He finally found the ignition. Can you blame the man for being thrilled?
Zer0 is only capable of shifting the economy into R (for race).
Good one.
Great. Then we can all look forward to another Recovery Summer?
This means TARP II, III, IV and V are on their way into the pockets of his cronies.
So close to real I almost got hooked on this one.
Unfortunately the transmission will be in reverse gear when he does
Obama knows nothing about business. Either that or he is intentionally destroying the country. I’m betting on the latter since stimulating the economy would be so easy with some simple deregulation. Starting with the opening of energy exploration everywhere.
Bailing out dead beat organizations is like putting gasoline on a fire to put it out. Won’t start a damn thing.
The socialists really do think all they have to do is wish something to happen and it will.
JoMa
That’s just great...should have left my 401k in the cash equivalent fund....
...down we go.
Yep
Too bad he burned out the clutch back in ‘09’
“where’s ‘de clutch boss”
Woohoo! Hyperinflation here we come!
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