Posted on 02/14/2009 5:47:42 PM PST by bruinbirdman
Economic recovery in the United States "will be measured in years, not months".
The House of Representatives approved a revised version but with no Republicans support. It passed in the senate in late in the evening with 60 votes, the minimum required to stop dissenters from talking the bill out off the agenda. Only a handful of moderate Republicans sided with the president and his Democratic Party.
The American Recovery and Reinvestment Act is the largest spending plan the US has ever seen. It combines tax cuts (38 per cent of the package), aid to struggling state governments (38 per cent) and central government spending (24 per cent) and aims to revive the world's biggest economy that lost nearly 600,000 jobs last month.
The president has warned that without strong intervention, the US was heading for an irreversible downward spiral, but at the same time has seen the crisis as an opening.
"We have a once in a generation chance to act boldly, turn adversity into opportunity, and use this crisis as a chance to transform our economy for the 21st century," he said, speaking to the Business Council a few hours before the vote.
He added that the bill was "only the beginning of what we must do to turn our economy around", as advisers began sketching a bold legislative agenda for the next 12 months that will include a detailed plan for struggling home owners and an overhaul of regulatory regime of the financial market.
Mr Obama will also propose a budget to lay the groundwork for sweeping health care reform and present a major green energy bill.
In the meantime Timothy Geithner, the Treasury Secretary, will present a more detailed version of his banking bail-out plans, which were heavily criticised earlier in the week
(Excerpt) Read more at telegraph.co.uk ...
I know rhetorical when I see it.
let me guess... about 3.5 years, right? about 6 months after stimulus money actually hits where it can do some good.
brilliant
meanwhile, the market will tank on these types of statements and it will all be the fault of the previous administration... even though it was the left that caused the housing/banking problem
the left is the short bus party
What a photo! Looks like those religious calendars.
Years, huh? Like your lifetime of years, Barry? No term limits?
yitbos
Will you people stop posting the St. Barack photo. There is nothing holy about the ghettoization of the Republic. I know it’s only a matter of days before Obama invites Winnie Mandella to come over and head the truth commission.
.
Freedoms March is planning a march on Washington
Anti-Obama organizations are being united for a ‘million man’ march on Washington. The permit is secured
From ‘FreedomsMarch’:
PRESIDENT OBAMA, WE DEMAND THAT YOU BE TRANSPARENT NOW
We will come together in a peaceful rally. We are proud Americans who fear that we are loosing the America we all know and love. The America where millions have served in our military sacrificing and giving their lives so that we remain free. A people who honor their flag and understand what it means to fly it and be so proud to do so. It is time for our voices to be heard loud and clear. Our government is for the people and by the people. Where is that now? We are PRO GOD, PRO LIFE, PRO GUN Americans who see our rights slipping away as we speak. It is time our voices are heard. It is time for us to shout loudly and strongly that we refuse to live under a socialist regime, where our voices are silenced. Lets take this action now before we awaken one morning and our freedoms are nothing more than a memory.
We ask you TO wear RED, WHITE AND BLUE CLOTHING... BRING YOUR FLAGS WAVE THEM HIGH... SIGNS WILL BE PROVIDED.. WE WANT TO GIVE THE GREATEST IMPRESSION OF WHO WE ARE AS WE WILL BE SEEN ALL OVER THE WORLD. UNITED AND PEACEFUL AND WITH CONTROL. WE WILL LEAVE THE GROUNDS AS CLEAN AS THEY WERE GIVEN TO US.
No food or beverage will be provided. Your welcomed to bring your own.
Entertainment will be provided. We are setting up a wonderful assortment of guest speakers,, political and non political,prominent people and many surprises. Major news networks, including CNN, MSNBC and Fox News. Resistnet.com will also attend. MUCH more to come .
A special thanks to Plains Radio and Ed Hale for their dedication to bring the truth and the light to America on the Internet.
Please make your reservations early as hotels and motels will fill quickly.
We are God,s Army. The soldiers of voice and heart that believe in AMERICA for one nation as it stands indivisible with liberty and justice for All. We marched with Dr Martin Luther King and placed our hands upon our hearts as we sang. We knew what was right, what was good and of God. We stand united and strong for we are Right and mighty and proud and in Dr. Martin Luther King,s words, “ WE SHALL OVERCOME.”
CHECK OUT OUR GREAT T SHIRTS... let everyone know where you stand as a real Patriot... and Please go to STEVES WHOLESALE OUTLET... Great bargains on things we all enjoy and need... These purchases will make this RALLY happen.. You help when you buy and you get something great to show for it too.... Thanks and God Bless America
Freedoms first has recently received permission to hold our protest in Washington DC. Our protest will now be held at the lincoln Memorial Reflections Pool in front of the Lincoln memorial ,on a date that will be released on feb 12 2009.
We find this very interesting because just two weeks earlier Washington told us we could no protest in DC for at least a year and a half . But the day the spendulus bill passes we get a call from Washington inviting us with a choice of dates and locations. Folks we take this as a sign that our country if starting to realise the mistake they have made with putting Obama in office.
We will have live speakers and other entertainment for you.
WE would like to see 1 million supporters attend this protest. It is time to take our country back and make our voices heard.
Why are we protesting ?
1. To get the attention of the mainstream media.
2. To demand That Obama Provide proof that he is eligible to be president.
3. To demand that Congress and the Supreme court uphold our constitution.
4. To inform the public on the issue of Obama’s ineligibility to be president of the USA.
5. To demand that they can not take our constitutional rights away.
6. To say no to abortions.
Please take the time to sign up so we have an idea of how many people we have attending and to get update emails so you know what to do , where to meet , where to park and what is happening so on and so forth.
Obama bots say Yes we can... WE are saying.. NO YOU CAN’T !!!!!!!!!!!
Thank you for your attention and patriotism
Sign up here:
freedomsfirst@inbox.com
Prediction, Hussein will be back before the end of the year for between $500B - $1T TARP and Stimulus.
And they still have a 2010 budget to pass.
yitbos
An interesting point.
The Stimulus Plan just took away all the Klintoon/Republican welfare reforms. Everything will some straight from Washington.
Block grants to states so they can control welfare, gone! Welfare to work, gone! Unemployment, lengthened and subsidized! Payroll tax, rebated! Sec 8, EIC, Food Stamps, WIC, increased!
These people will all think Hussein has fixed everything.
ACORN will be in charge of the census, about two million of 'em signed up and paid for by Hussein, Pelosulini, Hairy Reed.
yitbos
Years? Obama must be following the FDR model of prolonging the depression for years until finally ending it in a major war.
yitbos
Yea, well a week ago it would have taken six months.
Most savvy economists and history prove that quite well.
Now Present Obama, you have managed to stretch it out for year...nay decades...and it started downhill when your liberal democrat friends in the congress took over the reins of handling finance and money in Jan of 2007. But it's more fun to blame it on Bush, ain't it Dear Leader?
My grandkids thank you for the debt you have saddled them with.
Both, it will be Oceania vs. Eastasia.
Obama is a cheap tent barker selling tins of BS salve. “Rub it on and smell like us”.
Frankly, I can’t imagine what more could be done to talk down the economy that this President, the Democrats, and the MSM haven’t tried to date.
Workers unite... (good one Phil)
ObaMAO Bu-How!!!
ObaMAO Bu-How!!!
ObaMAO Bu-How!!!
ObaMAO Bu-How!!!
ObaMAO Bu-How!!!
ObaMAO Bu-How!!!
“Oh, gracious God, thank you so much.”, Julio exclaimed.
While out of town this past weekend, I had quite a conversation with some Obama lovers!!
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