CBO reports stimulus package was a major economic success

The Congressional Budget Office has released its latest assessment of the 2009 stimulus package and the economic impact of its various components.

According to the CBO analysis of stimulus provisions:

– They raised real (inflation-adjusted) gross domestic product (GDP) by between 0.3 percent and 1.9 percent (see Table 1),
– They lowered the unemployment rate by between 0.2 percentage points and 1.3 percentage points,
– They increased the number of people employed by between 0.4 million and 2.4 million, and
– They increased the number of full-time-equivalent jobs by 0.5 million to 3.3 million. (Increases in FTE jobs include shifts from part-time to full-time work or overtime and are thus generally larger than increases in the number of employed workers.)

gdpgrowth

Two other points:

– The CBO estimates that the impact of the stimulus will continue to be felt over the next year, increasing GDP by up to 0.8 percent next year and creating up to 1.1 million jobs over what it would have been.

– The longterm economic impacts of increased borrowing to fund the stimulus will be minimal or nonexistent. “In contrast to its positive near-term macroeconomic effects, ARRA will reduce output slightly in the long run, CBO estimates—by between zero and 0.2 percent after 2016,” its economists predict.

As opponents continue to point out, the stimulus did not keep unemployment below 8 percent, as initial projections by the Obama administration had suggested. In rational policy terms, there’s an easily understood and obvious explanation for that discrepancy:

At the time of those projections in early 2009, initial government reports estimated that economic output had declined 3.8 percent in the fourth quarter of 2008. That would have made it quite a serious setback, the deepest recession in 30 years.

As we learned later, in reality GDP had declined 8.9 percent in late 2008, which was much worse than anyone understood at the time. It also fell 6.7 percent in the first quarter of 2009. That’s the biggest two-quarter decline since 1947, when government statisticians started tracking quarterly numbers. In short, in early 2009 we thought the economy had fallen off a ladder. In reality, it had fallen off a six-story building.

Politically speaking, of course, such realities cannot be acknowledged, because they contradict a useful narrative. They remain realities nonetheless.

– Jay Bookman

522 comments Add your comment

stands for decibels

November 23rd, 2011
8:05 am

yebbut the CBO is socialist, the Fannie/Freddie historian told me so.

Peadawg

November 23rd, 2011
8:05 am

damn….stands beat me to it. 2nd

Mick

November 23rd, 2011
8:05 am

Alrighty then…let the debate (?) begin…

Peadawg

November 23rd, 2011
8:06 am

Jay, you may want to double check your articles before you post them…what’s with the random sentence fragment at the very end?

USinUK

November 23rd, 2011
8:06 am

ohnoes!!!!

not facts!!!

they’re like DAYLIGHT to VAMPIRES with the tightie righties in Bookmanland …

Jim

November 23rd, 2011
8:07 am

Elitest media contrived nonsense. Government is the problem as the high exalted Reagan bespoketh.

USinUK

November 23rd, 2011
8:07 am

(and jay … next time, really porn it up with some charts …. mmmmmmm … sexytime bar chars!!)

stands for decibels

November 23rd, 2011
8:07 am

what’s with the random sentence fragment at the very end?

dunno, but it’s deep, man.

Granny Godzilla

November 23rd, 2011
8:07 am

This is gonna be one of those popcorn and junior mint threads ain’t it?

stands for decibels

November 23rd, 2011
8:08 am

iTardcomment random generator reboot…

stands for decibels

November 23rd, 2011
8:09 am

As the Excrement in Broadcasting might put it:

Ronald Reagan is DEAD. His policies may live on, but we’re in the process of doing something about that as well.

USinUK

November 23rd, 2011
8:09 am

dB – 8:08 – as Depeche Mode once said … “enjoy the silence”

stands for decibels

November 23rd, 2011
8:10 am

Jm, your libertarian paradise of Somalia awaits. Maybe you can open a pirate franchise there?

anyway, gotta produce. Have fun, y’all.

Granny Godzilla

November 23rd, 2011
8:11 am

Jm

You could be King in Somalia.

USinUK

November 23rd, 2011
8:16 am

Somalia? I thought it was Singapore

(at least Somalia makes good coffee)

Armed Liberal

November 23rd, 2011
8:17 am

It is my sincere hope that after the elections and the Cons are routed, the Dems will push through another one of these at MUCH higher levels – say in the $1.0T to $1.5T range.

Granny Godzilla

November 23rd, 2011
8:20 am

USinUK

He wants to move to Singapore, but in Somalia he’d have more exciting
career opportunities.

Fedup

November 23rd, 2011
8:20 am

Jay treat today as Friday and put in a musical ending at the end of the day.

Call it like it is

November 23rd, 2011
8:20 am

Want be any graphs on this one, because they want look very pretty. You will see a big spike in 2010 then bottoms out to a complete flat line currently.

Jm

November 23rd, 2011
8:20 am

Obama polling 10 points behind Romney in bellweather NH

Jm

November 23rd, 2011
8:22 am

No more 4 years of bad unemployment

Romney 2012 for a job recovery

Adam

November 23rd, 2011
8:24 am

Are conservabot heads exploding over this one yet?

Oh hi Jm!

Finn McCool

November 23rd, 2011
8:25 am

Krugman was right! But he wanted a bigger stimulus.

Next time!

For the love of America

November 23rd, 2011
8:26 am

Adam

No ones heads are exploding because Jay has no credibility. He just needs posters to populate his blog so he can get paid.

Finn McCool

November 23rd, 2011
8:26 am

Kermit would have an easier time getting elected than Romney.

Jm

November 23rd, 2011
8:26 am

So we spent as much as 5% of out GDP in new debt and got 1.9% in additional growth max

That’s not a bargain where I come from

Mick

November 23rd, 2011
8:27 am

jm

Romney really takes a hit on his credibility with a blatently untrue ad – makes him look….desperate

Finn McCool

November 23rd, 2011
8:27 am

We don’t want their heads to ’splode until 11/6/12.

Gonna be knee deep in ’sploded noggin.

Jm

November 23rd, 2011
8:28 am

I got a bridge to sell bookman. It even rhymes with his name.

USinUK

November 23rd, 2011
8:28 am

GG – “in Somalia he’d have more exciting career opportunities.”

warlord??? only of the 101st chairborn

jconservative

November 23rd, 2011
8:29 am

This report will not sell. Numbers like “– They increased the number of people employed by between 0.4 million and 2.4 million,…” have to big a difference.

The Federal Government is a Joint Venture between Congress and the White House. The President does not spend it unless Congress approves it first. And Congress, for the last 31 years, has proven to be the largest “approver” of spending in the world’s history.

And except for one veto by Clinton, American presidents have approved every spending bill approved by Congress.

Must be something in the water in D.C.

Corey

November 23rd, 2011
8:30 am

In hindsight, 750B with one-fourth of that as tax cuts for American workers, certainly did not replace an 8.9% drop in GDP nor a 6.7% drop in GDP. The bulk of the stimulus plugged holes in state budgets especially those red states whose governors deplore Obama.

Adam

November 23rd, 2011
8:31 am

No ones heads are exploding because Jay has no credibility. He just needs posters to populate his blog so he can get paid.

HAHAHAHAHA. Well thank you for your, um, “contribution”

Jm

November 23rd, 2011
8:31 am

Jay can even rename it The Bookman Bridge. No one in NY will even notice. Much. :)

Peadawg

November 23rd, 2011
8:32 am

Romney really takes a hit on his credibility with a blatently untrue ad – makes him look…like a politician during a presidential campaign.

Fixed your typo.

Adam

November 23rd, 2011
8:32 am

jconservative: And except for one veto by Clinton, American presidents have approved every spending bill approved by Congress.

I would wager veto threats weighed heavily on that one, especially in the last 2 1/2 years with the “no earmarks” veto threat.

Not a Neal Boortz Redneck

November 23rd, 2011
8:32 am

A NEGATIVE 8.9% 4th quarter 2008 GDP.

That number is stunning. It might be the lowest official GDP number since the early 1930’s.

USinUK

November 23rd, 2011
8:33 am

P’dawg – :lol: – true, that … but isn’t that the same as looking desperate?

Rick in Grayson

November 23rd, 2011
8:33 am

How long did these jobs last?
How many trillions of $ will the US have to spend to drop and keep unemployment to %4?

We can’t afford the stimulus!

We don’t and will not have enough jobs to go around regardless of “stimulus”. The world has changed due to globalization and new technology that is making many jobs obsolete.

Yet we continue to grow our population with new legal and illegal immigration! Too many people and not enough “rich” to support them.

Jerome Horwitz

November 23rd, 2011
8:33 am

Way off topic early, however…. Who was in the Newt costume last night? Calling for a path to citizenship for illegal aliens who have been living here for some time, have jobs, raising families, etc. Most sensible thing I’ve heard from his mouth in some time. Maybe he just wanted to see Bachman’s head explode?

Granny Godzilla

November 23rd, 2011
8:33 am

Kermit would never run as a Republican.

For the love of America

November 23rd, 2011
8:33 am

Finn McCool

Yea. Obama winning would really show em. And four more years of failed policies, a crashing economy, jobs going offshore, horrible decisions and alienating our former allies would really show em, just as long as Obama wins. That’s all that matters.

Jm

November 23rd, 2011
8:33 am

So jay uses an estimate after acknowledging how bad projections and estimates are

Too funny

USinUK

November 23rd, 2011
8:34 am

Not Neil Boortz – welp, if you ask any of the numpties, they’ll tell you it’s Nancy Pelosi’s fault … the economy was JUST FINE until she became speaker …

Finn McCool

November 23rd, 2011
8:34 am

Lesson for conservatives #1: Illegal immigration

Whatever was said last night about illegal immigration was said to appease the base. None of those candidates will ever do anything to reform immigration or close the borders.

Peadawg

November 23rd, 2011
8:35 am

To add to my 8:32 am – it’s all about figuring out who lies the least. Which can be hard sometimes.

Bill Orvis White

November 23rd, 2011
8:37 am

Wrong. Hussein Obama’s stimulus drove the deficit way up and barely scratched the surface on long-term, quality jobs. Sure, the Communist Budget Organisation makes claims that there are more job$, but the reality is, they are part-time or temporary McJobs. Real job$ will only be created when a real president cut$ taxe$ and frees up the monies for the achievers to do some hiring. The fact is that this president is anti-business and I talk with business guys all day long and they know this fact. Hussein Obama hates entrepreneurs. He’s a Marxist community organizer who wishes to move America over to Euro-socialist model of operation. As we all see over there in Greece, the chickens come home to roost when you have a socialistic society filled with deadbeats who suck off of free health care. Over here, we have businessmen who are scared to invest and expand because they want to hold onto the ca$h to pay for higher taxes and regulations.
Amen,
Bill

Granny Godzilla

November 23rd, 2011
8:38 am

Finn

You are spot on at 8:43

If they actually solve the problem, they lose one of the tools they use regularly to scare their base into lockstep.

For the love of America

November 23rd, 2011
8:38 am

Not a Neal Boortz Redneck

And that was Bush’s fault with a Democratic Congress and Senate, but with a Republican Congress that can’t gat anything passed, with a few members that belong to the Tea Party, it is all about the far right wing of the Republicans that is causing all our troubles.

kayaker 71

November 23rd, 2011
8:38 am

Stimulus a success? Right. Take a look at some of these “cost saving measures” that the stimulus produced and the “jobs” that it created……
246M$ tax break for movie producers to buy film
650M for digital TV converter box program
248M for Home Land Security furniture
2B earmark for FutureGen, a coal powered plant which was defunded and went bankrupt.
88M for the Coast Guard to develop a new ice breaker
75M for smoking cessation programs
200M for computer centers in colleges
500M for flood reduction programs on the Miss River
1.2B for summer job programs
100M for volunteers at theNIH
5.5M for “energy effective initiatives” at Veterans Hospitals
850M for Amtrak
100M for computers at the Farm Administration

All in all for the “2.4 Million jobs” created, which is certainly up to some scrutiny, we spent 666 billion dollars. That figures out to be about 278K/job. Wow, what a success and what foresight. Sort of like Solyndra and that Cash for Clunkers debacle. What’s next? A tax increase to pay for all of this crap??

Amercian

November 23rd, 2011
8:38 am

Where are the jobs then???

NObama 2012

JohnnyReb

November 23rd, 2011
8:38 am

Well….I’m just really surprised! Newt makes a statement on not breaking up illegal immigrant families and Jay posts economics.

You guys have a good day.

USinUK

November 23rd, 2011
8:38 am

“Communist Budget Organisation”

:lol:

ladies and gentlemen, we have the winner of the internets …

Ben

November 23rd, 2011
8:39 am

In the interest of full disclosure, I dislike Bush and Obama equally. Now that we have that out of the way, this is complete economic nonsense. The two parts of the GDP equation that matter are NX and I. The two that turn the equation into a misleading joke are G and C. That’s the problem with conventional thinking in Washington. They presume that our economic woes are a result of us not spending enough money. If we can just borrow and spend in perpetuity everything will be okay.

George P. Burdell

November 23rd, 2011
8:39 am

So we spent $825 billion to create best case 1.1 million jobs and we are celebrating? At $750,000 per job, what the heck, lets just spend another $11 trillion and we can wipe out unemployment completely. Is that really our economic plan at this point? Spend $825 billion, raise GDP by $125 billion, repeat till broke.

Keep Up the Good Fight!

November 23rd, 2011
8:39 am

The CBO…. you can’t trust no stinkin CBO unless it supports what I want it to support which must be nothing that Obama has done. :roll:

Finn McCool

November 23rd, 2011
8:40 am

The fact is that this president is anti-business and I talk with business guys all day long and they know this fact.

So silly.

Conservatives still can’t comprehend that whole “demand creates jobs” thing. It makes their headshurt.

Granny Godzilla

November 23rd, 2011
8:40 am

Bill Orvis White

You must repent!

OedipusTax

November 23rd, 2011
8:41 am

Ridiculous! Preposterous! As if the CBO isn’t politicized and justifying their own existence! Remember that our President said the Stimulus was needed to keep unemployment under 8%. The solution is NOT more government spending. Government spending, State, local, and Federal, is 7 trillion dollars, $60,000 each for the 112 million privately employed, that pay for the party, but cannot pay enough. The idea that the Stimulus was good for the country? Only an Obamanite brainwashed liberal can make the assertion, but then cannot back up the assertion with anything else but propaganda and lies;. Typical of a Jay Bookman myrmidon and a Obama sycophant. Thus, the Occupy movement, that think $60,000 per private taxpayer represents selfishness and unfairness, and should be far more. They, like the brainwashed, spoiled, misinformed infantiles they are display childish temper tantrums in their cribs otherwise known as public parks, which they wish to occupy because they proclaim themselves victims. Yes, victims of their own self-fulfilling envy and anger.

John Galt

November 23rd, 2011
8:41 am

And the CBO has to be right because they ARE the government.

Marion

November 23rd, 2011
8:41 am

Hey… don’t be rude Jay… lemme’ have a hit off that bong your’re toke’n on !!! You must be some kind
of fool. Your ”Boy” is going down in 2012….. better plan that big ”cryin’ and weepin’ depression” party early…. cause’ Obummer is OUT OF THE PEOPLE’S HOUSE IN JAN 2013 !!! … you’re just to blind
to see it.

Peadawg

November 23rd, 2011
8:42 am

“The CBO…. you can’t trust no stinkin CBO unless it supports what I want it to support which must be nothing that Obama has done.”

You gotta admit though, this IS the same CBO that said Obamacare would actually save us money…..

josef

November 23rd, 2011
8:44 am

Jerome

That immigration plan is the one that has been the one being put forth by just about everybody as the most pragmatic and sensible and has gained enough traction already to be accepted by just about all concerned. The Dog T*rd was just getting in early to claim it was his idea to begin with…you know history in the making… :-)

Granny Godzilla

November 23rd, 2011
8:44 am

“The fact is that this president is anti-business and I talk with business guys all day long and they know this fact.”

Funny.

Had dinner with friends to celebrate my bonus last night(I picked up the check gleefully) and the conversation was about how we’ve all had a good year. There was some laughing about stuffing our pockets full of money while bitchin’ about the economy.

Not a Neal Boortz Redneck

November 23rd, 2011
8:44 am

As much as I hated Bush one has to admit that TARP was stimulus on steroids. Injecting $700 billion right into the banks involuntarily during a liquidity crisis when LIBOR was 5% (90 day) definitely saved Citi and Bank of America.

Bush/Paulson = same thing although Bush was clueless during this time according to Paulson’s book.

Joe Hussein Mama

November 23rd, 2011
8:44 am

Cue the high-pitched Republican SQUEEEEEEEEEEEEEEEEEEEEEEEEEE noise.

Keep Up the Good Fight!

November 23rd, 2011
8:44 am

You gotta admit though, this IS the same CBO that said Obamacare would actually save us money…..

Yep, so what is your problem Pea…. it will.

USinUK

November 23rd, 2011
8:45 am

“You gotta admit though, this IS the same CBO that said Obamacare would actually save us money…..”

of course, let’s not forget that the healthcare example is projections and the stimulus example of historical data … schmapples and schmoranges …

Redneck Convert (R--and proud of it)

November 23rd, 2011
8:45 am

Well, IMO what we needed was a depression, not a stimulus. All the banks flat busted. People fired left and right. States flat out of money and thousands of state workers let go. Cos. folding and going out of business. Sometimes you just got to blow everything up and start over. The stimulus never let us do that. That’s why we need to elect godly Republicans. You can’t have Free Innerprize without a depression or two. You can’t interfere with the Free Innerprize system.

I hope everybody watched the Republican debate on foreign policy last night. One thing’s for sure, we’ll be in another war no more than six months after a Republican lands in the White House. Lots of jobs then. Especially if you want to work for Xe or join the military. And I can’t hardly wait to see 12 million illegals rounded up and deported. All the solutions offered were so simple I set back and said, “Why didn’t I think of that?”

Have a good Wednesday everybody.

Mike

November 23rd, 2011
8:45 am

Tell all that bologna to the lady I had to layoff last week.

For the love of America

November 23rd, 2011
8:47 am

The Health Care Bill will save us money!! Is that a joke?

Maybe as soon as the Health Insurance Companies stop making record profits. I don’t know of anyone who has better Health Care Insurance than they had in 2008.

Joe Hussein Mama

November 23rd, 2011
8:47 am

Jm — “Obama polling 10 points behind Romney in bellweather NH”

Guess you better hope Romney gets the nomination, because Obama’s not running in the GOP primary.

Peadawg

November 23rd, 2011
8:47 am

The reason I don’t fully trust the CBO is b/c they give projections/analysis on the figures that are given to them. It could be right, it could wrong, it could be an exaggeration. You just never know.

But did the stimulus work? Yeah, it seems it did. It worked in the way that it prevented further melt down. I just wish Obama had come up w/ a way to pay for this and stick to his “I won’t sign a bill that adds to the deficit or the national debt.” campaign promise.

JB

November 23rd, 2011
8:47 am

A large chunck of the stimulas went towards propping up state and local governments. Now that stimulas $ has run out, we’re seeing public sector layoffs. Stimulus cushioned the recession’s blow for state & local governments, but our Repub. leaders will never acknowledge that.

Adam

November 23rd, 2011
8:47 am

John Galt: And the CBO has to be right because they ARE the government.

Can’t wait until you use a CBO example as support of some claim of yours.

Oh wait, you don’t make claims, you just come on here and attack. Way to be a maker, and not a taker, Galt.

EJ Moosa

November 23rd, 2011
8:48 am

So what is the cost of paying back all those dollars that were spent so inefficiently? And when will all those dollars be paid back?

How many hours of work will Americans have to put in to pay off the debt and interest incurred for this spending?

The CBO has NOT taken that into account in their analysis. They can’t. They do not know when the money will be paid back, the interest rates to be encountered over the decades to pay it back, or the impact to the economy as those dollars are taken out to pay off this debt.

This blog by Bookman fails in a critical way. It has not fully analyze all the costs that this program will leave us with.

But it is excellent cheerlearding for a failed approach to the crisis by Obama.

Jay G

November 23rd, 2011
8:48 am

Do the math folks. Even using the very highest end of their range $787 billion creates 3.3 million FTE’s. That means we paid $238,485 per job created. Oh you say that was for 2 years? Fine, we paid $119,243 annually. Now I have a very hard time believing that is the average salary of these 3.3M people. Where did the rest go? Was it truly productive? I highly doubt it.

It gets worse. What if the low end of their range is correct? 500,000 workers would mean we spent more than $1.5M per job created. Ouch.

Libertarian

November 23rd, 2011
8:48 am

Oh well you convinced me Jay. Obama is great. I’m voting for him again.

I’m surprised you’re not writing about what Santorum said last night….even if he is a loon.

Not a Neal Boortz Redneck

November 23rd, 2011
8:48 am

Obama anti-business? What a joke.

Highest earnings for the S&P 500 of all time ($102)

Highest US exports of all time last month ($180 billion).

Eleven different small business tax cuts/credits.

That comment is Boortz like stupid.

Peadawg

November 23rd, 2011
8:49 am

“Yep, so what is your problem Pea…. it will.” – Maybe in your world where unicorns and money-growing trees exist.

That’s been debunked many times by now.

BOB FROM ACCOUNT TEMPS

November 23rd, 2011
8:49 am

so i guess bush should get the credit as all the libs here have often stated that the stimulus was started by bush

dumb as a rock

November 23rd, 2011
8:50 am

Wow – and no mention of the CBO downgrading the effect of stimulus?

The Congressional Budget Office on Tuesday downgraded its estimate of the benefits of President Obama’s 2009 stimulus package, saying it may have sustained as few as 700,000 jobs at its peak last year and that over the long run it will actually be a net drag on the economy.

Jay

November 23rd, 2011
8:50 am

They complain about charts, and then they complain about NO charts.

Well, now we have a chart….

As any good accountant will tell you...

November 23rd, 2011
8:50 am

…you can cook the books to make the numbers say anything you want them to say – right on kayaker…

USinUK

November 23rd, 2011
8:51 am

to paraphrase a critically acclaimed book and movie, “We need to talk about New Hampsire”

Déjà vu for New Hampshire polling?
By Scott Clement

Something is amiss in Granite State polls…again. Last Tuesday, Bloomberg News released a poll whose analysis began “Mitt Romney holds a commanding lead in the New Hampshire Republican presidential primary, more than double the support for his nearest rival, Texas congressman Ron Paul.” Only three days later, the New Hampshire Journal declared “Romney and Gingrich in a statistical dead heat for the January 10th primary.”

Say what?

New Hampshire has long earned a reputation as the Bermuda Triangle for pollsters, most recently failing to forecast an impending victory by Hillary Rodham Clinton in the 2008 Democratic primary, an episode that prompted the American Association for Public Opinion Research to produce a 100-page report investigating the fiasco. So what’s happening this time around?

http://www.washingtonpost.com/blogs/behind-the-numbers/post/deja-vu-for-new-hampshire-polling/2011/11/01/gIQAdxaHkN_blog.html

so, yeah, Jm … you go on pinning your hopes on the Granite State …

kayaker 71

November 23rd, 2011
8:52 am

As any good accountant will tell you

Google is your friend.

USinUK

November 23rd, 2011
8:52 am

yay!!!! sexytime bar charts!!!

thanks, Jay!!!

(where’s Bosch when we need him)

Talking Head

November 23rd, 2011
8:52 am

Jay’s column: spin spin spin

“you spin me right round”

Joe Hussein Mama

November 23rd, 2011
8:53 am

K71 — “All in all for the “2.4 Million jobs” created, which is certainly up to some scrutiny, we spent 666 billion dollars. That figures out to be about 278K/job. Wow, what a success and what foresight.”

When you personally create a job, how much does it cost you?

Are you taking into account the capital investments you’ve made in your company to date? Are you counting the time and effort you put into developing more business that your larger company is now able to handle? How about equipment that the new worker will have to use — did you add that in? What about consumable supplies that the new worker will need? Those cost money too.

I think if you add up the cost of building, equipping and supplying that great big Kia plant down on I-85 and divide it by the number of workers inside, you might find that Kia spent an awful lot of money PER JOB to put that plant there.

Keep Up the Good Fight!

November 23rd, 2011
8:53 am

I don’t know of anyone who has better Health Care Insurance than they had in 2008.</I.

Well except for that those with preexisting conditions……but yea its all based on your personal experience as a way to judge things. :lol:

Not a Neal Boortz Redneck

November 23rd, 2011
8:53 am

Cooking the books in the corporate world is WAY down to almost nil – thank you Sarbanes-Oxley. This investor likes that GOP led regulation set.

USinUK

November 23rd, 2011
8:53 am

“That comment is Boortz like stupid.”

day-um … that had to smart …

Finn McCool

November 23rd, 2011
8:54 am

The armchair economist math being posted is too funny.

Jm

November 23rd, 2011
8:54 am

Ben. Mercantilism is fine. Up to a point. Consumption does matter but yes, the equation right now is currently unbalanced

George P. Burdell

November 23rd, 2011
8:55 am

EJ they do specifically say borrowing costs will not have a siginificant impact going forward. Even at 2.5% interest rate, that is over $20 billion per year or $18,750 per job created. They obviously understand that we will never pay that money back and are only concerned with the financing cost. I just hope they were high paying jobs so the taxes paid on the income can cover the $18k.

Keep Up the Good Fight!

November 23rd, 2011
8:55 am

Pea barks “its been debunked” but sounds like a whimper when it really hasn’t. Pea, you’re welcome to try.

josef

November 23rd, 2011
8:55 am

I wanted line graphs…I don’t like bar charts…

Straight Talk

November 23rd, 2011
8:56 am

Jay, if you really believe that the stimulus pork bill was successful in aiding our country and its citizens, please contact me right away. I have for sale a bridge that goes from Manhattan to Brooklyn and would be glad to offer it to you for a good price. Don’t wait. It will probably sell real soon.

Peadawg

November 23rd, 2011
8:56 am

“Well except for that those with preexisting conditions”

That’s one of a good…maybe 4-5 things that came out of Obamacare. I don’t understand why people want to repeal the entire thing. There are SOME goods things in it.

Markus Justice

November 23rd, 2011
8:56 am

Jay is smoking Obama’s cigarettes or something harder. Fraud has been exposed to the stimulus need I say Solyndra.

Jay

November 23rd, 2011
8:56 am

If the South had won, Josef, you would have line charts.

Instead….

John Galt

November 23rd, 2011
8:57 am

Adam, are you the first government worker? Are you under attack because the CBO has proven to be as accurate as a stopped clock?

The CBO has no credibility because their analysis is based on static outcomes. None of us live in a world like that, except for politicians and the CBO.

Think before you parrot Bookman.

dumb as a rock

November 23rd, 2011
8:57 am

Even more bad news from CBO:

CBO said that while the Recovery Act boosted the economy in the short run, the extra debt that the stimulus piled up “crowds out” private investment and “will reduce output slightly in the long run – by between 0 and 0.2 percent after 2016.”

The analysis confirms what CBO predicted before the stimulus passed in February 2009, though the top-end decline of two-tenths of a percent is actually deeper than the agency predicted back then.

For the love of America

November 23rd, 2011
8:57 am

Keep Up the Good Fight!

How much do pre-existing conditions cost? Any idea? Do the insurance companies charge maybe just a little more, like astronomically more?

They aren’t making record profits by being good to people.

Jm

November 23rd, 2011
8:57 am

We went through a very very bad recession.

And where was Obama’s “ruins of the WTC” speech? Never happened. And the guy hasn’t focused on jobs. He’s way out of touch.

You liberals proclaim to care about jobs and people. You then go on to support a guy who has done nothing to improve the job situation. Think about that libs.

Finn McCool

November 23rd, 2011
8:58 am

I like pie charts. hA heck, I also like pie.

Hahahahahahahahaha

November 23rd, 2011
8:58 am

Say whatever you want Jay… point to every statistic you like…

Fact is… there aren’t any jobs anywhere. Obama is a failure. And you know it you liberal hack. Pardon me if we aren’t dancing in the streets on your ’stimulus was a huge success’ garbage.

Tony

November 23rd, 2011
8:58 am

Many folks don’t let facts stand in the way of what they choose to believe. If anybody thinks any of the GOP clowns running for President will improve the economy is delusional.

Peadawg

November 23rd, 2011
8:58 am

This is the first article I found on google, Keep, about it not really cutting the deficit over 10 years:

http://online.wsj.com/article/SB10001424052748704415104576065723458609678.html?mod=rss_opinion_main

I’d find more but I go to run…be back around lunch. Y’all have fun.

Not a Neal Boortz Redneck

November 23rd, 2011
8:59 am

I know that the $787 billion Obama stimulus was a far better investment than the (accrued) $2 trillion Bush wasted in Iraq.

TaxPayer

November 23rd, 2011
9:00 am

How’s the Bush tax cuts working out. Have they paid for themselves yet. How many jobs have they created. Isn’t the unemployment rate supposed to be 2.8 percent by now. But wait. The CBO analysis showed that the Bush tax cuts had to end in order to pay for them and those folks at the Heritage Foundation and Paul Ryan had to do some serious back peddling on that claim that the unemployment rate would drop to 2.8 percent and only in GOP lala land do more bigger tax cuts for the wealthiest create jobs. That pretty much sums up why the Republicans can never show their work.

USinUK

November 23rd, 2011
9:00 am

Jay – 8:56 – now, that’s funny.

josef

November 23rd, 2011
9:01 am

JAY

Okay, good one! :-)

But I know where to find some revisionist line graphs….

Granny Godzilla

November 23rd, 2011
9:02 am

Solyndra… the default rate on the $16.1 billion Energy Department loan portfolio is less than 3.6 percent.

Now think about only 5% of new restaurants make it.

MMMMMMMMMM…just pondering success rates.

Adam

November 23rd, 2011
9:02 am

Oh look, a chart that DOESN’T look horrible for Obama. OH SNAP.

Justin Case

November 23rd, 2011
9:03 am

Jay the stimulus program is like the commercial for the clothier, “Buy one for triple price & get two free”, at least thats what it should say! The left just keeps getting loonier!

USinUK

November 23rd, 2011
9:03 am

Not Neil Boortz – heck, that didn’t even stimulate Iraq’s economy …

josef

November 23rd, 2011
9:03 am

USinUK

Y’all Scalawags would think bar graphs are sexy…hrrrmph… :-)

Adam

November 23rd, 2011
9:04 am

John Galt: The CBO has no credibility because their analysis is based on static outcomes. None of us live in a world like that, except for politicians and the CBO.

Would you care to explain how an analysis of the outcomes of a program in the past linked up with results that can be measured by data gathered in the past has anything whatsoever to do with what you just said? Or are you focused only on the future projections? Because most of that report is about the past data.

barking frog

November 23rd, 2011
9:04 am

the figures support the President’s desire for another stimulus…

UGA

November 23rd, 2011
9:04 am

If you believe that, then you are an idiot. Just wait for the next downward revision of q3 qdp. THe economy would have bounced back with or without the trillion. 9 trillion in debt in 2007. 15 trillion today. Yep were on the right track. Let’s keep pouring billions into failed enterprises. That solyndra was a huge success! Socialism=fail. Just look at europe. That’s what is coming here if gov’t spending isn’t cut, medicare and medicaid aren’t drastically changed and obuma is voted in for a second term. He want’s the euro zone chaos to happen here. Means more reliance on the gov’t. And don’t get me started on fannie and freddie that the dems created. That epic failure was 100% responsible for the housing and banking crisis here. But of course a liberal would never admit the facts.

Women's Softball Team

November 23rd, 2011
9:04 am

Lies, Damn Lies, and Statistics……let the manipulation begin. Could you also tell us how Johnson’s Great Society has also been a success? Waiting, Waiting, Waiting………and then the success of the US Dept of Edu ma cation

Mike

November 23rd, 2011
9:04 am

Unemployment still at 10.2% American people are tired of Obama’s policies and mostly his arrogance and unwillingness to truly negotiate. He needs to face the real fact that we Americans are taxed out and he still hasn’t gotten the message.

If he wants millionaires to pay more why doesn’t he lead the way and pony up more. The IRS will be glad to take his donation…Michele’s too.

USinUK

November 23rd, 2011
9:05 am

josef and Jay …

well, given the timing, I think we should have had PIE charts!!!

:-D

Jm

November 23rd, 2011
9:06 am

Liberals don’t care about your GDP chart jay

All they care about is jobs. I’m sure you have that handy jobs chart somewhere.

How about the one showing 9% unemployment. Still.

USinUK

November 23rd, 2011
9:06 am

“their analysis is based on static outcomes. None of us live in a world like that, except for politicians and the CBO.”

:lol:

you obviously don’t work in the world of insurance.

Citizen of the World

November 23rd, 2011
9:06 am

Republicans want to pooh-pooh the jobs created as insignificant just because they didn’t fix the whole problem. But for every job created, there were probably some save, too — maybe even their job. The stimulus stopped the bleeding and that was important and necessary.

Lookie Lookie

November 23rd, 2011
9:06 am

What’s wrong, Adam. Tired of hangin’ on the sports blogs and denigrating anything UGA as being trailer trash?

Keep Up the Good Fight!

November 23rd, 2011
9:07 am

Pie Charts? Thanks to the harsh treatment of them farm workers, pie chart prices have increased 25%. Blame Obama! :roll:

barking frog

November 23rd, 2011
9:07 am

solyndra, schmolyndra, it was always an experimental startup and
we don’t know what technological advances will come from the
research or patents. get over it…

Joe Hussein Mama

November 23rd, 2011
9:07 am

Not A NB Nedreck — “Cooking the books in the corporate world is WAY down to almost nil – thank you Sarbanes-Oxley.”

Captains of finance and industry saw what happened to UnitedHealthcare CEO William McGuire and figured that they better not f**k with GAAP.

http://en.wikipedia.org/wiki/United_Health_Care#Legal_issues

cosby

November 23rd, 2011
9:07 am

So you can borrow and spend your way out of debt…..where are my credit cards

Happy Thanksgiving

For the love of America

November 23rd, 2011
9:07 am

Granny Godzilla

Resturants don’t obtain loans for half a billion by way of investors that are huge Obama suppporters

USinUK

November 23rd, 2011
9:07 am

you mean this one, JM – http://www.tradingeconomics.com/united-states/non-farm-payrolls — the one that’s shown mostly postive job growth for the last 18 mos

Adam

November 23rd, 2011
9:08 am

UGA: That solyndra was a huge success! Socialism=fail.

You forgot to mention Soros and Fast and Furious!

Granny Godzilla

November 23rd, 2011
9:08 am

Welcome to our happy little group all you newbies!

(Sarc)

Women's Softball Team

November 23rd, 2011
9:08 am

Love the age old argument (used mostly by people in marketing)……well if you think the unemployment is bad now it would have been much worse without the stimulus. Always use an arguement that cannot be proved/disproved…………

Adam

November 23rd, 2011
9:08 am

Lookie Lookie: I don’t hang out on sports blogs.

Jm

November 23rd, 2011
9:09 am

“There was some laughing about stuffing our pockets full of money while bitchin’ about the economy.”

Granny, I’m glad to hear walmart is having a good year.

DEM

November 23rd, 2011
9:09 am

Reality and theory are two different things. You do realize that this report contains ESTIMATES based upon economic models about the theorized impacts of deficit spending, right? Obama’s economic team assumed a multiplier in passing the stimulus, and now comes CBO to say we ran a similar multiplier model and — voila! — the stimulus produced growth, assuming these models are correct in the first place. The 9% plus unemployment rate strongly suggests the models don’t work. But continue on in fantasy world.

Kamchak

November 23rd, 2011
9:09 am

And four more years of failed policies, a crashing economy, jobs going offshore…

These things have been gong on for years, if not decades, sport.

Who are you, Rip van Winkle?

Ray

November 23rd, 2011
9:10 am

When you spend a trillion and increase debt from 9 trillion to over 15 trillion in 3 years, you’d expect GDP to grow by 5+%
Not 2-4%. Obama policies are an epic failure which is why unemployment is really around 16-19%.

Granny Godzilla

November 23rd, 2011
9:10 am

For the love of America

No sheet Sherlock.

I’m willing to go out on a limb here and suggest that most folks involved in clean energy are liberals…..

Just as most folks involved with dirty old fossil fuels are conservatives.

Ya’ think?

Not a Neal Boortz Redneck

November 23rd, 2011
9:10 am

Yeah, Joe, I love clawback. Prison time + clawback = clean books.

Lookie Lookie

November 23rd, 2011
9:10 am

Silly me, must have been someone else yesterday on the blogs. Simply amazing coincidence…..

nutcase Jay

November 23rd, 2011
9:11 am

Jay you really should sober up for the holidays, at least.

TaxPayer

November 23rd, 2011
9:11 am

If only the CBO had used dynamic scoring, the Bush tax cuts would have paid for themselves. :lol:

USinUK

November 23rd, 2011
9:11 am

Joe Hussein – if I live to be 100, I’ll never forget the testimony of Enron CFO Andrew Fastow saying that he didn’t UNNERSTAN all that confusing accounting …

evidently, that wasn’t a part of the MBA program at harvard …

Granny Godzilla

November 23rd, 2011
9:11 am

Jm

Walmart? Are you making a limp attempt at an insult?

Not a Neal Boortz Redneck

November 23rd, 2011
9:12 am

And that Joe, is how stunningly stupid Gingrich is. He wants to repeal SarBox and Dodd-Frank and let corporate criminals run loose again.

What could go wrong?

josef

November 23rd, 2011
9:12 am

JAY

Speaking of bar graphs…did you happen to catch this link from Friedman’s Sunday column? Pretty much my argument all along and now “data driven” :-)

http://www.pisa.oecd.org/dataoecd/4/1/49012097.pdf

Kamchak

November 23rd, 2011
9:12 am

This thread has more sock-puppets than Shari Lewis.

Just sayin’.

Women's Softball Team

November 23rd, 2011
9:12 am

Glad to join “your” chatroom their Grandpa.

barking frog

November 23rd, 2011
9:13 am

the bush tax cuts have worked, when you cut taxes enough,
at some point in time, taxes will go up….

Women's Softball Team

November 23rd, 2011
9:13 am

there…..dadgum spell check

barking frog

November 23rd, 2011
9:14 am

josef, bar charts are the way to track the number of drinks you have…

Jm

November 23rd, 2011
9:14 am

Granny. No. I own plenty of walmart stock and I’m simply glad it’s been doing well. And I’m glad you’ve been sharing in the profits too.

RB from Gwinnett

November 23rd, 2011
9:15 am

Seriously????? “They lowered the unemployment rate by between 0.2 percentage points and 1.3 percentage points,
– They increased the number of people employed by between 0.4 million and 2.4 million, and
– They increased the number of full-time-equivalent jobs by 0.5 million to 3.3 million. ”

With spans like those, you’d have to believe they really don’t have a friggin clue. If it was .5 million jobs, Jay, how much did we spend on each job? Do some simple math and get back to us with your expert analysis on how great a success it was if we spent $1.5MM per job!!! Are you people really that stupid?

Not a Neal Boortz Redneck

November 23rd, 2011
9:15 am

Milton Friedman called the Bush tax cuts the “largest tax increase in history” – and he was right.

Jm

November 23rd, 2011
9:17 am

Egypt looks to be going very well

Another Obama triumph

Does the dumb arse president capable of doing ANYTHING well?

Appears not.

Vince

November 23rd, 2011
9:17 am

The Congressional Budget Office on Tuesday downgraded its estimate of the benefits of President Obama’s 2009 stimulus package, saying it may have sustained as few as 700,000 jobs at its peak last year and that over the long run it will actually be a net drag on the economy. ”The Obama administration had promised 3.5 million jobs would be produced at the peak of spending.

The Congressional Budget Office on Tuesday downgraded its estimate of the benefits of President Obama’s 2009 stimulus package, saying it may have sustained as few as 700,000 jobs at its peak last year and that over the long run it will actually be a net drag on the economy.
CBO said that while the Recovery Act boosted the economy in the short run, the extra debt that the stimulus piled up “crowds out” private investment and “will reduce output slightly in the long run – by between 0 and 0.2 percent after 2016.

Bookman, as usual, you were a little early on your misguided fantasy land celebration!

Women's Softball Team

November 23rd, 2011
9:18 am

Based on this article BO should be reelected!!! Let’s skip that and just make him ruler for life!!! Jay, you have done such a wonderful job with your analysis I am sure David Plouffe will be calling you to come work for the administration. Maybe Axelrod will ask you to run the reelection efforts. Unfortunately this may mean you are no longer viewed as “Independent”. LOL

Jm

November 23rd, 2011
9:18 am

Typo above. Oh well.

Facts

November 23rd, 2011
9:18 am

9% unemployment
16-18% underemployed is a success? Wow what are you smoking?

philosopher

November 23rd, 2011
9:19 am

Excuse me…please don’t confuse me with the facts.. If you must, I’ll have to resort to discrediting the agency that collected the facts… and if that fails, simple character assassination is next…or maybe I’ll combine them….please, please…it’s such hard work.

Joe Hussein Mama

November 23rd, 2011
9:19 am

USinUK — “Joe Hussein – if I live to be 100, I’ll never forget the testimony of Enron CFO Andrew Fastow saying that he didn’t UNNERSTAN all that confusing accounting … evidently, that wasn’t a part of the MBA program at harvard …”

I was on a consulting gig up in Washington when all that was going down. One of the senior finance directors somehow got a poster made (not huge wall-size, but bigger than letter-size paper) of Fastow being led away in handcuffs, scrawled “DON’T MESS WITH GAAP” on it and put it up on his office door. :D

Women's Softball Team

November 23rd, 2011
9:19 am

RB from Gwinnett: Jury still out on whether they are in fact lucid or not.

josef

November 23rd, 2011
9:20 am

jm

I keep asking and still don’t get any answers from the anti Obama crowd…what did he do in Egypt? Stand aside and let them deal with their own internal affairs?

Facts

November 23rd, 2011
9:20 am

How many jobs were actually created v/s how many the socialist said would be created? Doh. Socialims leads to failure. Just ask Europe.

Jm

November 23rd, 2011
9:20 am

Headline “Obama makes Carter look goooood”

Too funny

USinUK

November 23rd, 2011
9:21 am

“Let’s skip that and just make him ruler for life!!! ”

criminey – would you like a donut to go with your steaming cup of hyperbole?

Al

November 23rd, 2011
9:22 am

The stats Jay put out should be on Kyle’s blog, as it makes Obama’s stimulus a failure. That’s why Obama doesn’t bring it up, only misguided and dillusional bloggers bring it up.

750bil / 14.7bil (GDP) = 5.1% of GDP.
So, at most, increased GDP by 1.9%.
Yeah, great stimulus. Let’s do like all of the bloggers on this site and do more stilulus and maybe we can keep GDP from growing another 4 years. Geez, Obama must think his followers are real idiots. Correction, he knows they are idiots.

Doggone/GA

November 23rd, 2011
9:22 am

“I keep asking and still don’t get any answers from the anti Obama crowd…what did he do in Egypt?”

And they have no answer to the correlary question: what SHOULD HE have done?

Vast Right Wing Conspiracy

November 23rd, 2011
9:22 am

Jay, your pre-Thanksgiving attempt at levity is certainly comical. Almost like a Three Stooges cartoon. Watching you Democrats attempt to explain that “up is down, and down is up” through the 2012 election will be pure entertainment. Your uneducated (read “Occupy”) base will gobble (forgive the Thanksgiving metaphor) this up, but anybody with half a brain knows this is pure BS. Hopefully, you will have a column on global warming next.

Stevie Ray

November 23rd, 2011
9:22 am

Jay,

Perhaps you should avoid the statistics data. If you do the math, assuming the most optimistic estimates are 100% of possiblity, this means that the low end of the spectrum the average is 15.7% so the standard deviation is, well kinda ridiculous wouldn’t you agree? To put it another way, this is like saying the Falcons will win between 2.5 games or as many as 16 games.

Your beef this morning is really weak. Sans actual W-2’s created from this colossal waste of our money, no evidence exists either way.

Am I missing something???

GM

November 23rd, 2011
9:22 am

Bill Orvis White

Tell that to the millions of people in Mich who jobs were saved and without the stimlus millions would have lost homes, tell that to the million of teachers and police firemen, teachers who jobs was saved.
This is the kind of idiot selfish thinking of the southerner, because there are not any unions in Georgia, idiots in the south have no concept of rights.

USinUK

November 23rd, 2011
9:22 am

Joe Hussein – that’s why they’re called Generally ACCEPTED accounting principles, not Generally AVOIDED accounting principles

Facts

November 23rd, 2011
9:22 am

Jm

November 23rd, 2011
9:23 am

Josef. Mubarak could have cracked down. Only when the US president pulled the rug out was it over.

If you followed the events closely, I’m shocked about your confusion on this.

St Simons - we're on Island time

November 23rd, 2011
9:23 am

Our statements are hinting at this, too.
I’ve been doing this a few years now, and the indicators are there.
Usually followed by the lagging indicators (jobs, ratios, +KOD)

I’ve seen enough to know 2012 is going to be a good year for Merka
and a baaad year for the scorched earth, hope-we-fail cons

Joe Hussein Mama

November 23rd, 2011
9:23 am

Facts — “How many jobs were actually created v/s how many the socialist said would be created?”

I’m not aware that Senator Bernie Sanders made any claims about how many jobs would or would not be created as a result of the stimulus.

For the love of America

November 23rd, 2011
9:24 am

Granny Godzilla

Enjoy the warmth of your house, supplied by either electricity produced by coal or gas supplied by natural gas, then take a ride in your car powered by more nasty Republican power.

You’ve coined it perfectly. Democrats play nonsense politics that help no one and Republicans make things work that helps everyone. .

I’ll see you at the new Six feet Under that has clean wind power that never seems to be working.

Thanks.

USinUK

November 23rd, 2011
9:24 am

Doggone and josef – I dunno – I had a discussion a week or so ago with a rightie Bookmaniac who seemed to miss Mubarek and said the country would be better off WITH him …

(oy)

Stevie Ray

November 23rd, 2011
9:24 am

Jay,

Let’s say the actual results were on the low end of the spectrum, would you declare this investment a success? Put another way…RB is spot on..How much to you reckon those of us who pay taxes should spend per job?

Adam

November 23rd, 2011
9:24 am

Let’s skip that and just make him ruler for life!!!

I loves me some hyperbole sandwich

Not a Neal Boortz Redneck

November 23rd, 2011
9:24 am

I stupidly bought WCOM near the bottom – Fastow was a mere piker. WCOM bankrupted many Mississipians – good Republican Baptists all.

Just like Ebbers was.

Joe Hussein Mama

November 23rd, 2011
9:25 am

USinUK — “that’s why they’re called Generally ACCEPTED accounting principles, not Generally AVOIDED accounting principles.”

That director said in a meeting that at Enron, they used GOAT — Generally Obnoxious Accounting Tricks. Brought the house down. :D

Not a Neal Boortz Redneck

November 23rd, 2011
9:27 am

Hah, I am NatGas all the way – the King of Natural Gas, John Arnold, just had a $10,000 a plate fund raiser for Obama.

For the poster trying to call energy a GOP owned issue – you are clueless.

Women's Softball Team

November 23rd, 2011
9:28 am

GM:

We “southerners” as well as everyone else in the US will be telling our children/grandchildren that we decided to not live within our means but instead saddle them with unsustainable debt. Hey but that doesn’t matter now does it. As long as people in MI have cushy jobs that require not much of them, then the others can just go away and be mad. Glad you were clear on your missive.

Dennis

November 23rd, 2011
9:29 am

The “betweens” mentioned above are quite expansive…I guess if you take the high end you must not be off of the symbolic crack pipe, to quote the distinguished Dr. West.

Granny Godzilla

November 23rd, 2011
9:29 am

Jm

Yep. Limp.

Were you holding the walmart stock through 8 straight quarters of falling sales…?

Stevie Ray

November 23rd, 2011
9:29 am

DOGGONE,

What exactly did we do in Egypt? I like to frame the question as what is our return on investment from IRAQ, AFGHANISTAN, EGYPT, or any war fought since WWII? The answer of course is not a darn thing. At least this gave the folks in DC an opportunity to continue their Permanent Political Positions as purchased with defense contractors cash….equally spread….bi-partisan politics…

Joe Hussein Mama

November 23rd, 2011
9:29 am

Nedreck — “Just like Ebbers was.”

Man. I did a gig in Kansas City a few months before that news broke, and I heard from folks that were still working with the client after I left (no, it wasn’t Worldcom) that business players in the city were in a state of stunned amazement that Ebbers managed to do what he did. A lot of people in KCK and KCMO (Kansas City, Kansas and Missouri, respectively) worked for Worldcom, so most folks in the area either directly knew or knew of someone who worked under Ebbers’ leadership.

Dennis

November 23rd, 2011
9:29 am

oh, and let’s certainly not forget the 60K McDonald’s jobs ‘cuz that’s real growth..clueless

AmVet

November 23rd, 2011
9:30 am

The deadly, fascistic Bushbots destroyed our economy and now act like completely irresponsible teenagers who want the car keys back.

No way in hell.

We need a GOP with a backbone; one that is is not riddled with frauds and pretenders, masquerading as conservatives.

So until this one dies off, they are utterly untrustworthy…

USinUK

November 23rd, 2011
9:30 am

Joe Hussein – 9:25 – :lol:

Granny Godzilla

November 23rd, 2011
9:30 am

For The Love of America

do you have 31 years of broadcasting experience?

josef

November 23rd, 2011
9:31 am

Jm

How did he pull the rug out from under Mubarak? The Egyptian people wanted him to go and all Obama said was, “welll, looks like the votes in…” So, you suggest that Mubarak should have cracked down, eh? Are you a fan of Qadaffi and al Asaad, too? I guess you also think Ahmadinijad’s doing a good job?

And just what would have changed had he told Mubarak “we’re behind you, Bubba?”

killerj

November 23rd, 2011
9:32 am

I believe everything they tell me jay……………..dumb!@#$%^&*.

Women's Softball Team

November 23rd, 2011
9:32 am

AmVet:

Why don’t you just tell us whom we should elect or better yet you make the decision for us? Sounds about how you would like things to work, correct?

St Simons - we're on Island time

November 23rd, 2011
9:33 am

Granny – BINGO

waterstim

November 23rd, 2011
9:33 am

This is an absolute lie from the pits of hell. The stimulus might have helped temporarily, but the bitter pill has yet to be swallowed. Meanwhile, the libs (and George Bush) keep making the pill bigger. There will be a day of reckoning. Why can’t you libs see this?

USMC

November 23rd, 2011
9:34 am

Federal Agencies with their trumped up Charts and Graphs such as the ones JAY always rolls out ALSO said that the Atlanta Public Schools were a HUGE success…. But they were not.

So, the High Priest of Socialism, Jay Booman, SPINS his charts graphs to paint his political ideology as legit when it clearly ISN’T.

JAY, the stimulus was a huge disaster. Obama Flushed $800,000,000,000 down the toilet with NOTHING to show for it.

But keep sucking down the Koolaid! :-)

(Newt Gingrich was awesome in the Debate last night; Newt 2012!)

Stevie Ray

November 23rd, 2011
9:34 am

JOEHUSSEIN,

Here’s a little accounting diddy for you: Between 2001 and 2004 Freddie Mac investigation found $5 billion in accounting irregularities and was later fined $125 million. Enron had overstated it’s earning by $567 million and set off Democratic firestorm led primarily by knucklehead named Barney Frank..who by the way was convinced weeks prior to release of investigation that Freddie and Fannie were solid…

Women's Softball Team

November 23rd, 2011
9:35 am

Josef:

what about the people in Syria? Are they happy with al-Assad?

josef

November 23rd, 2011
9:36 am

Not a Neal Boortz Redneck

November 23rd, 2011
9:24 am
“WCOM bankrupted many Mississipians – good Republican Baptists all. ”

Just like Ebbers was.

Do tell? I guess the ones like my folks who listened to my brother and bailed before bottom were all Jewish Democrats…

You silly, silly person….

Not a Neal Boortz Redneck

November 23rd, 2011
9:36 am

Obama’s cost effectiveness and body count on US soldiers for removing thugs is off the charts good.

Libya should be the prototype from now on. The GOP should hang their head in shame on foreign policy – and to see all the AEI war-mongers at the GOP debate last night was a disgrace.

Paul Wolfowitz? Have you no shame??

Keep Up the Good Fight!

November 23rd, 2011
9:36 am

I was going to take a ride in one of those nasty Republican powered vehicles which Dems forced to include a Hybrid engine over to the clean call center powered by solar power in Alpharetta….. Solar is the future. :D Wanna come along for the ride Granny?

Jm

November 23rd, 2011
9:36 am

Josef
We were / are their biggest ally. When Obama mad the final speeches saying Mubarak should go, it was over, but not before then.

And I’m not defending Mubarak. I’m glad the guy is gone. But if you want the credit, you also get the blame.

Women's Softball Team

November 23rd, 2011
9:36 am

USMC:

Bookman’s not independent? Has an agenda? Say it ain’t so!! LOL

Stevie Ray

November 23rd, 2011
9:38 am

AMVET,

Who do you think has a corner on the cronyism and insider trading aspects of DC? GOP or Dem’s?

Women's Softball Team

November 23rd, 2011
9:38 am

Josef:

Have to agree with you on the silly person Not a Neal Bortz Redneck is……I suppose Bernie Madoff escapes him/her, also.

Jm

November 23rd, 2011
9:39 am

Granny. Stock is up because profits are. Bottom line matters as much or more so than top line. Keep up the good work…. Glad you got a good bonus.

Old fashioned hard American work will fix our economy. Not an Obama “stimulus”

Football Bat

November 23rd, 2011
9:39 am

News Flash for LIbs: The only way to save our economy is to end bailouts and subsidies at every level. Identify and help the needy at the state, local and community level as this country was designed to work. The feds have NO business administering entitlements and bailouts, but should be sharing best practices information among the states that actually COMPETE for taxpayers. Any economies of scale are OBLITERATED by the corruption and inefficiency at the federal level. Their performance proves it.

Joe Hussein Mama

November 23rd, 2011
9:40 am

Stevie Ray — “Here’s a little accounting diddy for you: Between 2001 and 2004 Freddie Mac investigation found $5 billion in accounting irregularities and was later fined $125 million. Enron had overstated it’s earning by $567 million and set off Democratic firestorm led primarily by knucklehead named Barney Frank..who by the way was convinced weeks prior to release of investigation that Freddie and Fannie were solid…”

Frank was convinced, as were shareholderd, that Freddie and Fannie were solid *because* of the accounting irregularities. Are you suggesting that Frank had or should have had some direct knowledge of what was going on in FNMA and FHLMC’s books that was more accurate than anything anyone else had access to?

The reason Frank (and investors) thought FHLMC and FNMA were so stable is because that’s how the books were cooked; earnings were artificially smoothed to make it appear that both organizations were enjoying steady earnings growth and were therefore a good bet. Have a look at the shareholder lawsuit findings; you’ll see as much.

Women's Softball Team

November 23rd, 2011
9:41 am

And you get an “Amen” from the congregation, Jm!!! @9:39

josef

November 23rd, 2011
9:43 am

women’s softball

No, they don’t. And they’re making a point of it. Their point, their battle.

JM

Who’s asking for credit? Saying he did the right thing by staying out of it is giving neither credit nor blame.

As for Syria…that’s a different ball of wax all the way around….a blood bath is in the offing and, just like with Benghazi in the Libyan revolt, standing on the sidelines may not be the best…

TaxPayer

November 23rd, 2011
9:46 am

Republicans campaigned on jobs, that and their other lie about the Democrats cutting Medicare, in order to gain seats, during the last election, in the House but after they got elected, what did they do. They got punked by Obama and the Democrats after they tried to make a big issue out of the debt and deficit that they created. Other than that, let’s see, they have whined about Obama not doing more of their job for them. Good job, do nothings. :lol:

williebkind

November 23rd, 2011
9:46 am

We have seen how liberals use statistics to attempt to prove their agendas but eventually after all the drive by’s the truth will come out that these statistics were skewed to ge the desired results. Liberals have not credibility regardless how cute the chart.

Granny Godzilla

November 23rd, 2011
9:46 am

Jm

Actually President Obama’s stimulus helped us get to the place where
we could pay a bonus.

Not a Neal Boortz Redneck

November 23rd, 2011
9:46 am

Oh hell, we’re back to the ridiculous notion that Barney Frank pushed Tom DeLay, Bushy-Boy, and Bill Frist around for six years while they tried to defeat his single minority vote in a House with no filibuster.

GOP mythology never dies.

Scott

November 23rd, 2011
9:46 am

Jm…learn what the word ‘rhyme’ means.

Joe Hussein Mama

November 23rd, 2011
9:47 am

Jm — “Granny. Stock is up because profits are. Bottom line matters as much or more so than top line”

Profits are up after what, three or four down quarters? And losing market share to Target and Family Dollar?

For the love of America

November 23rd, 2011
9:49 am

Granny Godzilla

It doesn’t take 31 years of any kind of experiance to prove you wrong.

MightyRighty

November 23rd, 2011
9:50 am

Is this the same CBO that swore Obamacare would save money? I thought so. BTW, does Obama know what country he is in now? So many problems, non existent leadership, but plenty of media to make up liesand hide criminal activity like fast and furious, solyndra and other coruption. Indisputable facts are more unemployed now than when Obama took office, more tax dollars wasted than in any comparble period in history, healthcare costs sky rocketing, companies leaving country at record pace, home forclosures at historical levels, billions of dollars given to white house cronies, illegal weapons given to drug gangs which are killing our own citizens while our government arrests our own citizens for trying to stop illegal activities, and no end in site.

williebkind

November 23rd, 2011
9:50 am

Great GG got stimulus money she does not have to pay back. I guess that would make one love Obama somewhat.

Libertarian

November 23rd, 2011
9:51 am

GM

November 23rd, 2011
9:22 am

You are welcome to leave the south and move to Detroit. I hear its lovely there.

williebkind

November 23rd, 2011
9:52 am

MightyRighty

November 23rd, 2011
9:50 am

Ditto!!!

USMC

November 23rd, 2011
9:52 am

“Bookman’s not independent? Has an agenda? Say it ain’t so!! LOL”–Womens Softball Corch

LOL! Touche! Thanks for bringing me back to reality, WST.

Sometimes, I guess I expect a little Intellectual Honesty from Journalists.

Nice point you made, though. Happy Thanksgiving to you. :-)

Common Sense

November 23rd, 2011
9:52 am

All the evidence you need to know the stimulus did not work is the need to keep trying to convince us with numbers that it did.

If the stimulus had worked, we would all know it without the need of the CBO and Jay Bookman to tell us it did.

suwanee dawg

November 23rd, 2011
9:53 am

Jay,

You are so insightful and fully understand economics. Based on this I am confused why there are concerns about the future. Anytime we are in trouble the government can simply print money with no long term impact on national debt and inflation. Not sure what Congress is now debating – just print $14 trillion to pay off the debt and problem solved!

Jm

November 23rd, 2011
9:54 am

Josef

Obama was not “uninvolved” in Egypt

I’m not going to argue with you on this point as it seems so patently obvious to me, but not you. So we are miles apart.

Let’s talk history for a second. Did you hear about “the history professor’s (newt’s)” solution to deporting illegals based on a WW2 era plan?

Not a Neal Boortz Redneck

November 23rd, 2011
9:54 am

MightyRighty

Obama wasted $500 million on Solyndra – Bush wasted $2 trillion on Iraq. (2000 Solyndras)

At least there Solyndra did not kill 4400 US soldiers for nothing.

man behind the curtain

November 23rd, 2011
9:55 am

“And four more years of failed policies, a crashing economy, jobs going offshore, horrible decisions and alienating our former allies would really show em,…”

The Bush administration ended in 2008. Keep up!

suwanee dawg

November 23rd, 2011
9:55 am

We can actually print $500k for every American and improve our standard of living. It is really hard to discuss and debate with anyone who really believes that government stimilus has long term positive benefits to the economy and overall quality of life.

nelsonhoward

November 23rd, 2011
9:56 am

The stimulus was bad news. It gave A temporary reprieve from an economy heading steeply downward with the net result of decades ahead of near poverty for the populace and Obama will try to give away more money in an attempt to buy the voters.

And worst of all he has divided congress where there is no compromise which is the” holy grail” of politics.
The best that the people can do for the future is elect Mitt Romney “the turnaround guy” that will turn the economy into a once again a vibrant leader of the free world. On election day remember Mitt the turnaround guy.

Granny Godzilla

November 23rd, 2011
9:57 am

williebkind

nope.

loans and lines of credit for new equipment we built.

cool. fast. neat.

I love manufacturing.

I love making an actual product.

Jm

November 23rd, 2011
9:57 am

Granny 9:46

Debatable unless you want to offer up some concrete facts

Which you may not want to do on a blog. But if so, have at it

josef

November 23rd, 2011
9:57 am

GM

“This is the kind of idiot selfish thinking of the southerner, because there are not any unions in Georgia, idiots in the south have no concept of rights”.

Pretty broad brush you got there, Bubba….and I’ll stamp your exit visa with a liberal stamp…it’s people like you who give Northerners a bad name…

Tech '10

November 23rd, 2011
9:57 am

Ahhh yes, Detroit, my second favorite city, right behind…. Hell.

Anywho, I am glad that the stimulus works a little bit, but I would be thrilled if it worked better. I’m glad that I didn’t have to make those decisions though, it is pretty easy to be an armchair critic or in my case, a computer chair critic. Here’s to a better America in 2012, hopefully the politicants figure it out in time. I have to admit, Newt seems to be making a few good points. Maybe Newt and Mitt on the same ticket?? That would be slightly ironic.. haha

Granny Godzilla

November 23rd, 2011
9:58 am

For the love of whatever

thanks for confirming the patently obvious….

Stevie Ray

November 23rd, 2011
9:58 am

JOEHUSSEIN,

Appreciate your response and I have spent much time reviewing those filings as they, along with HUD issued or assumed mortgages of several of my clients. I’m not sure of the timing of the investigation relative to knuckleheads commentary so you may have a good point there….you have to admit that Franks continued to defend these GSE’s after findings blaming instead the regulatory agency OFHEO and alledging originally that the agencies findings were politically motivated. Frank subsequently sought to cut OFHEO’s funding. The irregularities resulted in monster bonus’ and walk away packages for the cronyist, as appointed largely by Dem’s, who served on board or in executive capacity. You know the difference between ENRON and Fannie Mae? The guys at ENRON got convicted….so none at Fannie got convicted even though ENRON’s scandal was 5% of Fannies…Frank et al did everything in their power to protect Raines and other Dem supported cronies at Fannie.

Sorry about length of response…I know those over 75 words or so aren’t likely to get read…

Democrat = a person who needs his diaper changed ever 2 hours by the federal government

November 23rd, 2011
9:58 am

“I love making an actual product.”

Great, then get off your lazy butt and get a job.

HDB

November 23rd, 2011
9:58 am

For the love of America

November 23rd, 2011
8:47 am

” I don’t know of anyone who has better Health Care Insurance than they had in 2008.”

I do…..ME!! I wasn’t working a full-time job in 2008…but in 2009, I got full-time employment, and a good HMO under BCBS!! A change of administration did me GOOD!!

Jm

November 23rd, 2011
9:59 am

Oh good. Russia now pointing it’s missiles at the US missile defense shield in Europe.

Another Obama triumph.

For the love of America

November 23rd, 2011
10:00 am

man behind the curtain

Yes, because now we have a thriving eceonomy, low unemployment, worldwide respect, a Congress that works together and didn’t that Arab Spring turn out well.

USMC

November 23rd, 2011
10:00 am

“CBO reports stimulus package was a major economic success”–JAY BOOKMAN

“….MAJOR ECONOMIC SUCCESS?????” …LOL! Only in the mind of Jay.

(Jay, ‘Pass the Dutchie from the Lefthand side’…) LOL! :-)

Granny Godzilla

November 23rd, 2011
10:01 am

Jm

Every thing is debatable.

So is my 9:46, it does however remain true.

josef

November 23rd, 2011
10:01 am

jm

I haven’t paid any attention to what the great historian said beyond the talking points memos that he’s for an amnesty-path to citizenship path for long-time residents…

The 1950s deportations were nasty so I hope we don’t repeat that error…

Welcome to the Occupation

November 23rd, 2011
10:01 am

Occupy Black Friday

For the love of America

November 23rd, 2011
10:01 am

HDB

Thatks one. Maybe in four more years we will launch into double figures.

philosopher

November 23rd, 2011
10:01 am

“…Democrats play nonsense politics that help no one and Republicans make things work that helps everyone. .”

If you believe that this lifetime of yours is all that matters, what you own and have in your bank account and that money is obligation you have to your pprogeny, then by all means, chase the Almighty Dollar…any way you can. Remove the annoying regulations, rip up the land, destroy the environment, use up all the resources out there and leave some money, filthy air, poisoned water, and rampant carcinogens behind for your children and grandchildren…What the heck- you won’t be here to watch the suffering.
America does not need that kind of love!

Jay

November 23rd, 2011
10:01 am

“News Flash for LIbs: The only way to save our economy is to end bailouts and subsidies at every level.”

Football, I think you need to direct that at conservatives as well. Kill the federal subsidy of nuclear power, and those new Vogtle plants don’t happen. The Georgia Legislature has created a slew of subsidies, and intends to create a whole bunch of new ones next year. The program that funded Solyndra was created under the Bush administration. Let’s not pretend that subsidies and bailouts are a liberal creation, because that’s far from the truth.

Not a Neal Boortz Redneck

November 23rd, 2011
10:01 am

Stevie Ray — Franklin Raines was investigated by the Bush SEC and Chris Cox in 2004. The wrist slap he got was disgraceful.

Should I blame Bush/Cox or Barney Frank for that wrist-slap?

Jm

November 23rd, 2011
10:02 am

Obama will probably ask Medvedev to a kumbaya session

Obama is a joke

Gordon

November 23rd, 2011
10:03 am

I’m sure there are things we could say about Iraq that would make it seem a success. The bottom line is that if we knew what we know now we wouldn’t have done the stimulus. Are the people who were employed as the result of the stimulus still employed?

Also, look at Jay’s title. You would assume from reading that that the CBO said the stimulus was a success, when in reality they just reported numbers and Jay said it was a success.

josef

November 23rd, 2011
10:03 am

“Every thing is debatable”

Well, that’s debatable… :-)

AmVet

November 23rd, 2011
10:04 am

Softball meat, when you can admit that your hero of the Texas ANG and his cabal of dipsticks did, in fact, orchestrate the destruction of our economy, I’ll answer your sophist question.

K?

Infinite

November 23rd, 2011
10:04 am

For the love of America

November 23rd, 2011
10:04 am

USMC

There’s only one answer. To Democrats, a constant high unemployment rate, record poverty, more people on food stamps than ever before is a huge economic success. And it is to them. Successful people don’t tend to vote for Democrats.

Jm

November 23rd, 2011
10:05 am

Jay 10:01

No doubt. It’s a bipartisan thing. But you have to pick one guy or the other. It’s a duopoly.

GM

November 23rd, 2011
10:06 am

Women’s Softball Team

The first bill Obama pass was Lilly Ledbetter Act for women, no other President Bush or Clinton passed this, but the southern rep consevative women are out there trashing Obama this shows the mentality of the south.
So its Mich fault because they have unions to fight for them for better jobs and pay?
The south just love big business to stick it to them, this why the Limbaugh and the Hannities can make millions off you people…..

Tech '10

November 23rd, 2011
10:07 am

GM: You sir, are a sad troll and your blabbering barely merits a response. I hope you find your peace back in Satan’s armpit… I mean Michigan. I hear Michigan is lovely this time of year….

MightyRighty

November 23rd, 2011
10:07 am

Not a Neal this is for you.

http://www.youtube.com/watch_popup?v=cMnSp4qEXNM&NR=1

I know this will be difficult to understand, but Iraq was a war approved by both political parties in the House of Representatives and the Senate. Solyndra was a political payoff to Obama donors. It was a gift by the Obama administration as a payback for money given to him by a major investor in Solyndra. Then when it became apparent the company was going under the Obama administration subrogated our money in order for their political buddy to be protected. We can argue about whether or not we should have gone to war in Iraq but that has nothing to do withthe outright corruption of taking taxpayer dollars and paying off a political supporter.

USMC

November 23rd, 2011
10:08 am

“Oh good. Russia now pointing it’s missiles at the US missile defense shield in Europe.
Another Obama triumph.”–JM

Yeah, great point JM, remember the pomp and ceremony around Obama “working” with the Russians in a new “kinder and gentler and diverse” way???? LOL! What a joke! They even rolled out props like the RESET button from Staples to brainwash the Liberal idiots.
The Russians B!tch slapped Obama and treated him like the Lackey his is.

The Handshake Snub
http://www.youtube.com/watch?v=x1C_NWMRs8Q

Jm

November 23rd, 2011
10:08 am

Another market meltdown

Debt is bad people

Bad bad bad

Wise up

Welcome to the Occupation

November 23rd, 2011
10:09 am

Jm: “Obama will probably ask Medvedev to a kumbaya session / Obama is a joke”

Got a case of the ol’ talking point nostalgia there pal? You wish ‘kumbaya’.

It just kills you that this president has rudely snatched away the right’s most deeply held, treasured argument.

I’m not an Obama defender, but I do appreciate how he has put you in this fix. I find it deeply gratifying to see you squirm.

barking frog

November 23rd, 2011
10:10 am

Jm, USMC, who put the missile defense in place?

AmVet

November 23rd, 2011
10:11 am

Stevie Ray, over the past two decades, the difference between the Tweedledeers and Tweedledummers, has virtually disappeared.

The spineless Dems have learned from their corrupt betters across the aisle and now fully compliment them in their war on the middle class.

Washington DC is corporate owned territory and both parties, in the dual incumbency protection rackets, are owned and work for their BIG business paymasters, instead of for you and me.

The stark difference is that the far right wing Tweedledum Party does not even pretend that this is a problem…

josef

November 23rd, 2011
10:11 am

GM

You’re a bigot and an ignoramus and proud of it…silly, silly person….

Solyndra

November 23rd, 2011
10:12 am

The stimulus worked great for us!!! I am typing this from my Yacht by the way.

GaBulldogGOP

November 23rd, 2011
10:12 am

what a bunch of bunk…why is the unemployment rate over 9 still? liberals lie..that is only way they win elections..lying sob’s…lol

St Simons - we're on Island time

November 23rd, 2011
10:13 am

It looks like the turnaround is here.
Cons know jobs are lagging indicators.
Hell, they screeched it every day during the reign of Little Nero.

The cons won’t get a sniff of un-corking another scam until 2016.
By that time, there will be a lot more of us, and a lot less of them.

and we will have the Manchurian healthcare socialism that
flouridates our water.also.too

GaBulldogGOP

November 23rd, 2011
10:13 am

the economy is still in horrible shape…do not believe liberal lies…

Joe Hussein Mama

November 23rd, 2011
10:13 am

Stevie Ray — “The irregularities resulted in monster bonus’ and walk away packages for the cronyist, as appointed largely by Dem’s, who served on board or in executive capacity.”

Actually, I’m pretty sure that Freddie *refused* to make good on severance agreements with at least two fired senior officers and essentially told them to go ahead and sue if they wanted.

“The guys at ENRON got convicted….so none at Fannie got convicted even though ENRON’s scandal was 5% of Fannies…”

In terms of what?

barking frog

November 23rd, 2011
10:14 am

sol, great! that is what it was meant to do, sent by
the government especially to you…..

Keep Up the Good Fight!

November 23rd, 2011
10:14 am

Successful people don’t tend to vote for Democrats.

Righttttttttt. :lol: :lol: :lol:

Joe Hussein Mama

November 23rd, 2011
10:14 am

FTLOA — ” I don’t know of anyone who has better Health Care Insurance than they had in 2008.”

College grads who can now stay on Mom & Dad’s insurance to age 26.

Batman

November 23rd, 2011
10:15 am

St Simons – we’re on Island time

is this like the turnaround from last month and the month before and the month before? Many more turnarounds and we will be living outdoors.

Solyndra

November 23rd, 2011
10:16 am

The REAL unemployment rate is around 20%. Obama doesn’t count people who have stopped looking for work over the past 2 years.

TaxPayer

November 23rd, 2011
10:16 am

Republicans do whine quite well but that is the limit of their capabilities. Meanwhile, the defaults that the GOP unwittingly agreed to in the deficit reduction legislation, will kick in on schedule. You know the ones, the cuts to the defense budget and the expiration of the Bush tax cuts and the cuts to social security and medicare and medicaid… oops. The Republicans did not get their cuts to social security or medicare or medicaid that they wanted so desperately. Awwww.

Brosephus

November 23rd, 2011
10:16 am

Y’all people are sooooo funny and predictible. It’s the same arguments from the same people. I bet some of y’all even have an automated posting program on your computers so you don’t have to type in the same thing day after day.

:lol:

USMC

November 23rd, 2011
10:16 am

“…Football, I think you need to direct that at conservatives as well. Kill the federal subsidy of nuclear power, and those new Vogtle plants don’t happen….”–Jay Bookman

So Jay Bookman’s lack of Critical Thinking and entrenched hatred of Republicans and Conservatives deter him from distinguishing the difference between giving ILLEGAL ALIENS and Lazy Americans WELFARE checks and other entitlements and subsidizing NUCLEAR powered energy for the masses.

Bolshevism at it’s best!
LOL! Unbelievable! :-)

Welcome to the Occupation

November 23rd, 2011
10:16 am

“Successful people don’t tend to vote for Democrats.”

Petit bourgeois rubes who are resentful over their lack of success find no greater consolation in life than in identifying with those who hold great monetary power and imagining that they share in it.

SuxBeanU

November 23rd, 2011
10:17 am

Jay, why do you choose to deceive? The present head of the CBO was appointed by liberal Democrats, Nancy Pelosi and Harry Reid in 2009. The person they appointed, Douglas Elendorf, is from the liberal think tank, Brookings Institute. Now what do you expect to come out of that office? The numbers that were used to put this fabrication together, came directly from the Congress and are massaged for our consumption. Let’s see, numbers supplied by liberals, to liberals, massaged by liberals and published to make liberals look good. Yeah, Jay, I assume you would embrace that line of BS.

Not a Neal Boortz Redneck

November 23rd, 2011
10:18 am

MightRighty — Almost all solar investors supported Obama! You have no proof of quid pro quo.

George Kaiser is a long time Democrat and he is worth $10 billion. He didn’t even feel the Solyndra money nor did he need it.

You have nothing.

AmVet

November 23rd, 2011
10:19 am

“the economy is still in horrible shape…”

Duh!

The greatest economic implosion since the late 1920s and you neo-cons think it can all be undone in a few months?

Or a few years?

I said back in September, 2008 it would take a minimum of 10 years to clean up this needless destruction and wholesale looting of our economy. And in retrospect that was optimistic.

Wake up, you Rip Van Winkles. Or better yet go back to sleep for another 40 years.

Solyndra

November 23rd, 2011
10:19 am

Barking Frog,

Ya, I met the president 16 times and have spent the night at the White House too. I am also a major democratic contributor as well. Many of my other friends got loans as well that are about to go under. It’s a major scandal but idiots like Bookman never point that out.

jewcowboy

November 23rd, 2011
10:21 am

The problem with this blog is that the “conservatives” who post here are caricatures of the far right’s most dogmatic coterie. They post things like “Hussein Obama’s” and “Communist Budget Organisation”. There are very few moderate conservatives (you know the kind that makes up a huge part of this country) represented on here, and as such it becomes the moderate liberals and liberals on here correcting over-reaching and fallacious screeds. Even when presented with black and white facts, these “conservatives” resort to name-calling those who correct them, and dig with more obfuscation.

Where is the moderate conservative voice, and why do they let this blustering minority control the conversation?

josef

November 23rd, 2011
10:21 am

welcome

“Petit bourgeois rubes who are resentful over their lack of success find no greater consolation in life than in identifying with those who hold great monetary power and imagining that they share in it”

I’ve been asking the question in relation to the water carriers for the rich and had not gotten an answer to made sense to me. Leaving out the “rubes” snipe and what you say here comes closest I’ve seen yet to answering that question.

getalife

November 23rd, 2011
10:21 am

Sane Americans already knew it worked.

The debate last night was actually pretty good.

They trotted out the bushies to ask serious questions .

Jm

November 23rd, 2011
10:22 am

Frog

Bush. And I’m glad it’s there. So is Europe. The defense shield was another Bush triumph.

Obama the idiot tried to scrap it, then thought better of it after allies begged for it.

Gordon

November 23rd, 2011
10:22 am

Here’s what people always forget: the money has to be paid back. And when it is paid back, there will be $787 billion LESS to do other things which might have been done. All we’ve done is take productivity from the future and move it to the present (minus the many examples of ridiculous waste from the stimulus), with the theory being we will pay it all back in a time when the economy is roaring and we don’t need the government to create temporary jobs. But that time just never comes.

Nothing has been created, it has only been transferred from the future. It feels good now, but the bills will come due. Then Jay can write about how the rich aren’t paying enough taxes and everyone will forget about the debt left behind by the stimulus.

Jm

November 23rd, 2011
10:24 am

Jewcowboy

Same can be said for libs

Few sane libs here

I’ve said before, jays blogger quality needs an upgrade

josef

November 23rd, 2011
10:24 am

jewcowboy

And a cheery good a.m. to you, Reb Two Feathers… :-)

Didn’t either… :-)

Brosephus

November 23rd, 2011
10:24 am

distinguishing the difference between giving ILLEGAL ALIENS and Lazy Americans WELFARE checks and other entitlements and subsidizing NUCLEAR powered energy for the masses.

Care to impress us with your vast library of knowledge by explaining what the difference is? If nuclear energy is a viable energy option, then it should not need subsidies in order to provide energy. That’s using conservative logic on solar energy and applying it to nuclear energy. A true conservative would believe in free market principles in that nobody would need subsidies to exist. If it was not viable, then it would be replaced by something that would be viable.

GM

November 23rd, 2011
10:24 am

Tech ‘10

Let see which party will visit satan first, the one that against health care for millions of children and the one that want to take seniors medicaid and the party that stands with Newt the man with 3 ex wifes and a mistress.
No thanks I think God will like the family man and family values in Obama.

josef

Anyone who point out facts to you idiots are bigot, the truth hurt”””

Keep Up the Good Fight!

November 23rd, 2011
10:25 am

Great question JCB. But a moderate conservative would likely be labelled as a “liberal”.

Thomas

November 23rd, 2011
10:27 am

Jay- a complete and utter failure as the CBO does not grade efficiencies. The cost/job was close to $1 million. Kind of like saying we cured the chest cold by providing for a lung transplant. Nice try though.

USMC

November 23rd, 2011
10:27 am

“George Kaiser is a long time Democrat and he is worth $10 billion. He didn’t even feel the Solyndra money nor did he need it.”–Neal Boortz Redneck

And the rest of the Bums are down at Occupy Wallstreet! :-)

USMC

November 23rd, 2011
10:29 am

“Few sane libs here”

Like Josef! Hey Josef have a Happy Thanksgiving! :-)

Jm

November 23rd, 2011
10:29 am

Gordon

The liberal answer to that is to just print money and make your wages and savings worthless

In other words, commit economic suicide to spare the pain of fiscal rectitude

Liberals are insane

getalife

November 23rd, 2011
10:29 am

Why would a neocon like wolfowitz ask the gop candidates if they would continue to fund fighting aides in Africa at a national security debate?

Gale

November 23rd, 2011
10:30 am

The majority of the electorate are either moderate conservatives or moderate liberals. I don’t know why the parties waste so much time talking to the fringes. There are not enough votes in either group to swing an election. Oh wait, I do know. Moderates are not filling the campaign coffers. And also, they are less easily lied too.

Welcome to the Occupation

November 23rd, 2011
10:31 am

Keep: “Great question JCB. But a moderate conservative would likely be labelled as a “liberal”.”

Actually — in good Stalinist fashion — any conservative, no matter how “solid” their conservative bona fides, is ALREADY a swish, a “lib”, just waiting to be exposed and put on trial in one of those “show trials” the rube contingent puts on now and then. Just consider Rick Perry’s “no heart” moment, or Marco Rubio’s recent troubles. Even Herman Cain was flirting with it when he hopped along through the abortion minefield in one of those baffling interviews he did. And this will be the undoing of Newt Gingrich, too — you just watch. :)

zeke

November 23rd, 2011
10:31 am

And most of the “jobs created” LOL were government employees, WHICH HELPS NOTHING! Just as the 10% or so that are unemployed how much the porkulous helped!!

jewcowboy

November 23rd, 2011
10:32 am

Jm,

Perhaps it is a matter of perception, but it rarely seems any “conservatives” here provide links to back up their assertions…they always say something like, “It’s not my job to your research.” On the rare occasions when they do provide something to back up a particular talking point, it invariably comes from an opinion column or partisan source rather than a verifiable and credible source.

josef

November 23rd, 2011
10:32 am

GM

“Anyone who point out facts to you idiots are bigot, the truth hurt:

Well, at least it seems you’ve got a grasp of the local language! :-)

Any point you might have legitimately made is blown to hell by your bigotry in expression…you’re just a rude, vulgar jacka33. In your broad sweeping you catch an awful lot of people who might otherwise agree with you. You think you’re better than Southerners and nothing’s going to change that since, as I said, you’re not only ignorant, but proud of it.

Silly, silly person…

WOODSTOCK MIKE

November 23rd, 2011
10:33 am

I love the part that says the stimulus lowered unemployment from .2% to 1.3%, ummmm, that’s a difference of millions of jobs so what is the real number??

Here’s a great article about the liberal “occupy” movement, they want to shut down retail stores, that’s just a great strategy to help the economy!!

http://www.cnbc.com/id/45402815

Keep Up the Good Fight!

November 23rd, 2011
10:34 am

Liberals are insane

And our prices are INSANE for Black Friday! Solar loans, no money down! Lazy American T-Shirts to the first 500 shoppers! 99% off military goods! Refrigerator luxury at low 6-pack cooler prices!

jewcowboy

November 23rd, 2011
10:35 am

Good morning josef!

To answer your question after I left last night…beaten dead horse is not kosher. But then neither were the braised pork cheeks and they were delish :)

WOODSTOCK MIKE

November 23rd, 2011
10:35 am

Hey Welcome to the Occupation -

Hey man you seem so smart, how about some feedback on the failures of the Obama administration? I’d love to hear your point of view.

josef

November 23rd, 2011
10:35 am

USMC

Happy White Occupation Day to you, too!

And if I’m what’s passing for sane, we libs DO have a problem…

:-)

The Thin Guy

November 23rd, 2011
10:36 am

But Jay. Nurse Ratched says therapy is over. Porkulus 1.0 was a trillion dollars thrown down a rathole. It created ZERO jobs, massively added to our staggering deficits, stiffled any possible economic growth, reduced us from a AAA rating to an F Double Minus, and accelerated our slide to the Fourth World. It was simply a transfer of wealth from the taxpayers to union goons and billionaire friends of the DNC. Big Foot, Alien Abductions, the Loch Ness Monster, etc., might have a tingle of credibility. But, the Porkulus Bill was a success? What kind of mushrooms is Bookman munching on?

jewcowboy

November 23rd, 2011
10:36 am

Keep,

“But a moderate conservative would likely be labelled as a “liberal”.”

Salient point.

TaxPayer

November 23rd, 2011
10:36 am

Have the Republicans managed to narrow down their choices for president yet. They’ve had so many debates, you’d think they would know all sorts of things about their candidates such as how they plan to create jobs and pay off their debt and deficit and deal with healthcare and the huge defense budget. Is Newt their choice of the week. Will he fix the economic mess that the Republicans created by forcing the CBO to use dynamic scoring. Will that make the Bush tax cuts work. Will that make unemployment drop to 2.8 percent per Paul Ryan’s yellowbrick road map. Inquiring minds. :lol:

josef

November 23rd, 2011
10:37 am

jewcowboy

I went and looked it up…interestingly it’s a point of divergence between halal and kosher…it’s not kosher, but it is halal…

So, how were the pork cheeks…?

WOODSTOCK MIKE

November 23rd, 2011
10:37 am

Liberals are so blind right now they truly don’t realize that Obama has an uphill battle to face when it comes election time. You talk to liberals and they don’t even seem to understand it? Weird.

WOODSTOCK MIKE

November 23rd, 2011
10:38 am

Hey Taxpayer, how about asking Obama about unemployment?? Didn’t you know he is president?

Brosephus

November 23rd, 2011
10:38 am

I’ve been asking the question in relation to the water carriers for the rich and had not gotten an answer to made sense to me.

josef

I think the correct term for that is aquariusing.

:)

Not a Neal Boortz Redneck

November 23rd, 2011
10:38 am

The GOP (like Jm) has gone full bore Joe McCarthy. Everyone is a commie that is not a Bible-thumping Warren Buffett hater. Even the ignorants at Fox News call Buffett a “commie/socialist” now.

Soros has written seven books on capitalism and fights communism the world over – yet he is a “socialist” to the GOP.

The GOP is truly depraved today.

getalife

November 23rd, 2011
10:40 am

newt said our immigration policy should be humane so he will lose the cons.

It is Ron Paul’s turn because he did very well last night.

Huntsman did well too..

WOODSTOCK MIKE

November 23rd, 2011
10:40 am

Again, this article is hilarious, the stimulus increased the number of people employed from .4 million to 2.4 million?? Uhhh, so the guess is somewhere between 2 million jobs?? In other words, they clearly have no clue about the effects of the stimulus, obviously.

Joe Hussein Mama

November 23rd, 2011
10:41 am

Solyndra — “The REAL unemployment rate is around 20%. Obama doesn’t count people who have stopped looking for work over the past 2 years.”

If you’re still drawing unemployment, you’re counted. When you stop drawing unemployment — either because you found work or your benefits ran out (and you didn’t find work), you stop counting as unemployed. It’s been this way for many years.

TaxPayer

November 23rd, 2011
10:42 am

Hey Woodstock,

How about asking Boehner and his House Republicans about the jobs that they campaigned on to get elected. They could always use the Georgia GOP model. It’s been so successful. :lol:

Vast Right Wing Conspiracy

November 23rd, 2011
10:42 am

Jay, when can we expect a column on Tony Rezko and his connections to Emperor Nero?

USMC

November 23rd, 2011
10:44 am

“And if I’m what’s passing for sane, we libs DO have a problem…”–Josef

LOL! I knew right when I hit the Enter button that I might be insulting you by calling you sane!

“Happy White Occupation Day to you, too!”–josef

At least those horrible white people brought the “wheel” with them. Heck we hadn’t even mastered the concept of the wheel before they came over and taught us.
Also, the white man showed us that we don’t need to brutally slaughter people from other tribes when we have disagreements.

Josef, don’t tell me you are eating a TOFU friggin turkey for Thanksgiving… live a little :-)

Tech '10

November 23rd, 2011
10:46 am

GM: Satan’s armpit was a reference to how cold Michigan is, not the moral inferiorty of the good people in the state….. I went in Jan once and it was -9 with a wind chill that made it feel like -20.. no thanks, not my cup of tea. But since you want to go down that road, I would bet republicans and democrats both visit the devil on a fairly regular basis, which is why I don’t really align with either.

I never made any claim to Newt’s moral superiority and to assume I did is foolish. The party you claim that I am in does not want to take healthcare away from everyone, as I understand them, they simply want to change how it is funded. Also, if you can’t afford to take care of your own children, don’t make any new ones. Don’t rely on the gov’t to do that for you. Your argument reeks of propaganda, sir.

barking frog

November 23rd, 2011
10:46 am

Joe Hussein Mama, check the Bureau of Labor Statistics,
they create the unemployment figures from a poll of 1000
telephone calls so they’re as accurate as neilsen or any
other pollsters…

Joe Hussein Mama

November 23rd, 2011
10:47 am

USMC — “the difference between giving ILLEGAL ALIENS and Lazy Americans WELFARE checks and other entitlements”

Undocumented aliens are not entitled to welfare or other similar benefits. If you’re aware of an undocumented individual receiving such benefits, I strongly urge you to contact ICE at your earliest opportunity so they can look into the matter.

DebbieDoRight

November 23rd, 2011
10:47 am

josef: As for Syria…that’s a different ball of wax all the way around….a blood bath is in the offing and, just like with Benghazi in the Libyan revolt, standing on the sidelines may not be the best…

Morning josef!!

Quick question – Are you advocating that more US blood be spilled over other people’s problems?

Would you feel different if your children were the ones whose blood was being spilled?

Not trying to pick a fight, but the subject of our servicemembers fighting other’s wars is near and dear to my heart.

USMC

November 23rd, 2011
10:48 am

Tick tock, tick tock, tick tock… Do you here it Getalife???

That’s the sound of the LSU Tigers getting beat in the SEC Championship game by the Georgia Bulldogs… that’s if LSU even makes it to the championship game.. LOL!
(you know I’m just messin witcha!) Geaux Tigers!

Joe Hussein Mama

November 23rd, 2011
10:49 am

Solyndra — “Ya, I met the president 16 times and have spent the night at the White House too. I am also a major democratic contributor as well. Many of my other friends got loans as well that are about to go under. It’s a major scandal but idiots like Bookman never point that out.”

Wear that blue dress for me tonight, baby. YOU know the one I mean.

Adam

November 23rd, 2011
10:50 am

Rude pundit on the supercommittee:

“It was never gonna succeed in doing anything for one simple reason and one simple reason alone: Republicans just don’t give a f***. If you believe, as Republicans do, that it’s better to cut Medicare and Medicaid and Social Security and education and the environment and food safety than to raise taxes a little on the rich, then you don’t give a f***. If you believe that a compromise that gives you nearly every cut you want but still raises taxes just a smidgen is a capitulation to liberal/socialist/satanic goals, then you not only don’t give a f***, you are a sociopath.”

Love it.

Keep Up the Good Fight!

November 23rd, 2011
10:51 am

Of course the Republicans have a jobs plan…….. fire janitors and hire kids! But libs are the “insane” ones. :lol:

USMC

November 23rd, 2011
10:51 am

“Undocumented aliens are not entitled to welfare or other similar benefits.”

I knew Joe was slow, but if he doesn’t realize that Illegal Aliens are receiving Welfare benefits then I think i will leave him with his head comfortably in the sand.

Happy Thanksgiving to you and yours, Joe!

Brosephus

November 23rd, 2011
10:53 am

posted @ 10:24 with no response, so I’ll try again since I’m trying to learn something today.

distinguishing the difference between giving ILLEGAL ALIENS and Lazy Americans WELFARE checks and other entitlements and subsidizing NUCLEAR powered energy for the masses.

Care to impress us with your vast library of knowledge by explaining what the difference is? If nuclear energy is a viable energy option, then it should not need subsidies in order to provide energy. That’s using conservative logic on solar energy and applying it to nuclear energy. A true conservative would believe in free market principles in that nobody would need subsidies to exist. If it was not viable, then it would be replaced by something that would be viable.

Welcome to the Occupation

November 23rd, 2011
10:53 am

Woodstock Mike: “Hey man you seem so smart, how about some feedback on the failures of the Obama administration? I’d love to hear your point of view.”

Sure you really want to know what I think about Obama?

That might take more than just one whole day for me to enumerate all the problems I have with him, so that might be tough.

He’s a defender of the system and status quo with utterly no imagination about how to tackle truly systematic problems. His view of what is politically possible is utterly shriveled and uninspiring.

For him, the only thing that one can ever contemplate is timid tinkering and the man obviously really does seem to think that it’s possible for wealth and power to swell at the very top of the system while all the little peons down below who have to strain to see the very top will just be as consoled with warmed over bromides about opportunity and freedom as he is.

His failure / refusal to address the question of systemic failure and corruption in our system raises the question of what is the true origin of his failure. At bottom, my money is on the explanation that he’s the anti-Roosevelt. Having been born into humble conditions, he dutifully worked his way up the meritocratic structure and hit the lottery by being tapped ultimately to run it, based on his good behavior. So now that history has dealt him the hand of coming into office as that very system faces the greatest crisis since Roosevelt, his brain is not even capable of THINKING the types of radical changes that are necessary, let alone doing them. He’s a model student through and through, not a revolutionary or even just a radical reformer a la Roosevelt. And that’s his downfall.

Joe Hussein Mama

November 23rd, 2011
10:54 am

barking frog — “Joe Hussein Mama, check the Bureau of Labor Statistics”

I’m quite familiar with the BLS; I’ve cited them here many times.

USMC

November 23rd, 2011
10:54 am

So, it looks like OBAMA’s Staples Reset button didn’t work…

US to cease observing arms treaty with Russia: State Dept
http://news.yahoo.com/us-cease-observing-arms-treaty-russia-state-dept-205507881.html

jewcowboy

November 23rd, 2011
10:55 am

USMC,

“if he doesn’t realize that Illegal Aliens are receiving Welfare benefits ”

As Joe said, if you can back up that assertion ICE is waiting for you call, (866)-DHS-2-ICE.

Or you can fill out a form online: http://www.ice.gov/exec/forms/hsi-tips/tips.asp

Not a Neal Boortz Redneck

November 23rd, 2011
10:56 am

Yeah – Obama offered Georgia Power subsidies to build nuclear plants here. I guess Southern Company is on the Obama payroll too? Right, conservatives?

USMC

November 23rd, 2011
10:56 am

More Blunders from Obama’s foreign policy… or lack thereof.

Medvedev: Russia may target missile defense sites
http://news.yahoo.com/medvedev-russia-may-target-missile-defense-sites-123047622.html

GM

November 23rd, 2011
10:57 am

josef

You think you’re better than Southerners and nothing’s going to change that since, as I said, you’re not only ignorant, but proud of it.

Thats the trouble with you Georgia southerners when someone points out your ignorants and your dark history of the past they are a bigot, people around the world know the real reason you hate this President, you people will feel better when you admit it to yourself what you are.
When someone points out your hypocrisy, they are attack by being called a racist, most of you people are the worst kind of Americans we can have in this country.

josef

November 23rd, 2011
10:57 am

USMC

Gifts of the white man? As Unmentionable puts it, I ain’t gonna turn down indoor plumbing and central heat and air!

Oh, I’ll have a bite of the bird, but what I’m really waiting to dig into is that ham in the oven smelling up the house!

Incidentally, am having dinner with The Tribe (the Indigenous ones!)

Unmentionable says, yeah, we’re civilized now…

http://www.youtube.com/watch?v=ZPFP_XazE5U

barking frog

November 23rd, 2011
10:57 am

JHM, 10:54 but you must have missed how they compile the
unemployment figure…

Stevie Ray

November 23rd, 2011
10:58 am

BROCEPHIS,

Right on with your comments. Bill Mahr said the same thing about posting….to me, the fun is in picking fights with those who refuse to thoughtfully consider each argument.

NEALBORTZNOT,

Raines and Howard were let go Christmas of 2005…If my memory serves me correctly, the Republican nutjobs were in office at that point. Raines was appointed by Clinton in a pure crony play.

HUSSEIN,

“In terms of what?”

The Fannie Mae and Freddie Mac irregularities totaled $11 billion. Enron’s totaled $500 million..why do your suppose no one at the GSE’s went to jail?

jewcowboy

November 23rd, 2011
10:58 am

GM @ 10.57,

Painting with a pretty broad brush aren’t we?

Jm

November 23rd, 2011
10:58 am

Obama is slowwwwly learning what the real world is like (re Russia)

But he’s a slow learner so Romney is better for 2012

Joe Hussein Mama

November 23rd, 2011
10:58 am

USMC — “I knew Joe was slow”

There’s no need for personal insults, USMC.

“but if he doesn’t realize that Illegal Aliens are receiving Welfare benefits”

Reading is fundamental, USMC. Here’s what I said:

“Undocumented aliens are not entitled to welfare or other similar benefits. If you’re aware of an undocumented individual receiving such benefits, I strongly urge you to contact ICE at your earliest opportunity so they can look into the matter.”

Nowhere in there does it say that undocumented aliens are NOT receiving benefits of the sort you mention. It simply says that they are not ENTITLED to them, and I encouraged you to report any instances of undocumented aliens receiving such benefits that you become aware of.

I am pretty sure that you are a lot smarter than your willful misinterpretation makes you out to be, so don’t act stupid in order to make your hamhanded point, okay?

“then I think i will leave him with his head comfortably in the sand.”

Catch up to the rest of the class and start reading at your grade level, Marine. :roll:

USMC

November 23rd, 2011
10:59 am

yuzeyurbrane

November 23rd, 2011
10:59 am

Jay, stop bothering me with facts. The main negative is that some economists, like Paul Krugman, warned Obama from the git-go that the proposed stimulus was way too small. He should have listened then because the opportunity to do something like that is only fleetingly available during a crisis situation.

Stevie Ray

November 23rd, 2011
11:00 am

AMVET,

Agreed but I have significant evidence that both parties are equally corrupt engaging in conflicts, cronyism, and other behaviors any of us would do jail time for.

Have you examined how the $20 billion invested so far by BO cronies was allocated between companies with BO connections versus not?

Joe Hussein Mama

November 23rd, 2011
11:00 am

barking frog — “JHM, 10:54 but you must have missed how they compile the
unemployment figure…”

What’s your point? Spell out your objection for me, please.

DebbieDoRight

November 23rd, 2011
11:01 am

josef and PS:

Especially when funding for our servicemembers AFTER they’ve risked lives and limbs for “country” is being cut, (but Haliburton gets BIG multi-million dollar deals); and soldiers are seeing their time in the service involuntarily extended, over taxed, overworked and over burdened and it’s not even our dog in the fight makes no sense.

Dudley got a “call to arms” in the mail a couple of weeks ago, (he’s already served 12 years – his legal obligation is OVER), and this double standard, using our voluntary soldiers as fodder over and over again while IGNORING the fact that they are over worked and also ignoring the fact that if the US is going to be in the Mercenary business, then they need to reinstitute the DRAFT so every CITIZEN can know the joy of war.

Joe Hussein Mama

November 23rd, 2011
11:01 am

Stevie Ray — “The Fannie Mae and Freddie Mac irregularities totaled $11 billion. Enron’s totaled $500 million..why do your suppose no one at the GSE’s went to jail?”

I feel certain that you have an opinion on that. :)

josef

November 23rd, 2011
11:02 am

DDR

Mawnin!

“Quick question – Are you advocating that more US blood be spilled over other people’s problems?”

To stop a certain blood bath…yes…

“Would you feel different if your children were the ones whose blood was being spilled?”

Don’t forget, Oldest Boy is career military and served in Bosnia, Kossovo, Iraq and Afghanistan…
and, yes, that does color my feelings on that and makes me far more hesitant to support willy nilly interventions..

“Not trying to pick a fight, but the subject of our servicemembers fighting other’s wars is near and dear to my heart.”

Mine, too…

Oh, BTW, midori wants to borrow the boa for when we go shoppin! :-)

Stevie Ray

November 23rd, 2011
11:03 am

yuzeyurbrane,

Krugman may be Nobel prize winner but so are GORE and BO…perhaps the Nobels should go back to dynamite manufacturing. For every Krugman pronoucement, anyone can find other economic Nobel winners in disagreement. How can you posit that more stimulus would have made any difference (except in terms of crony allocations…more waste) given the the range of numbers posted above? The outcome would mean the standard deviation would be even wider….

Vast Right Wing Conspiracy

November 23rd, 2011
11:03 am

Jay, how about an expose’ on Jon Corzine – Democrat Senator, Democrat Governor, MF Global thief?

Not a Neal Boortz Redneck

November 23rd, 2011
11:03 am

“WASHINGTON—Touting nuclear energy as a critical component of the effort to confront climate change and meet the U.S.’s energy needs, President Barack Obama announced Tuesday roughly $8 billion in government-loan guarantees for Southern Co. to break ground on a new nuclear-power plant in Georgia. ” (WSJ)

Southern Company is corrupt!

Joe Hussein Mama

November 23rd, 2011
11:04 am

D. DoRight — “Dudley got a “call to arms” in the mail a couple of weeks ago, (he’s already served 12 years – his legal obligation is OVER)”

I didn’t get one of those. Now I’m jealous. :D

What did it say? Asking him to re-up?

josef

November 23rd, 2011
11:04 am

DDR

The draft and your post @ 11:01

I hear you across the board…

barking frog

November 23rd, 2011
11:04 am

JHM 11:00 they do not report the unemployment figures based
on people losing the unemployment benefits. they telephone poll
1000 people and report the ratio of people who say they’re employed
to people who say they’re not employed.

jewcowboy

November 23rd, 2011
11:04 am

“Jay, how about an expose’ on Jon Corzine”

How about looking 4 posts back.

Stevie Ray

November 23rd, 2011
11:05 am

Conservative, NOUN: A statesman who is enamored of existing evils, as distinguished from the Liberal, who wishes to replace them with others…

Joe Hussein Mama

November 23rd, 2011
11:06 am

VRWC — “Jay, how about an expose’ on Jon Corzine – Democrat Senator, Democrat Governor, MF Global thief?”

Investigate enthusiastically.

Prosecute vigorously if cause is found.

Sentence harshly if found guilty.

But until he’s found guilty, I don’t think it’s appropriate to call Corzine a “thief.” That being said, I have no problem with him being required to turn over his passport while the investigation is under way.

jewcowboy

November 23rd, 2011
11:07 am

Stevie Ray,

“A statesman ”

Which is why there are very few true conservatives in Washington any more.

Thomas

November 23rd, 2011
11:07 am

To those who seem confused on what the CBO does- they are score keepers with excel. If there is a 1% national sales tax on all sales of tacos will tax revenue go up. uh- yes- assuming 100 million tacos are sold a year at $3 tax revenue will increase $3 million. If the Falcons are able to use 16 defenders against the Vikings will they most likely win- uh, yes.

That is it.

Jm

November 23rd, 2011
11:07 am

DISASTROUS GERMAN BOND SALE

they couldn’t sell 1/2 of their bonds

Debt is bad people. WAKE UP!!!!

Not a Neal Boortz Redneck

November 23rd, 2011
11:08 am

Stevie Ray -

Are you jealous the conservative lackey economists get no respect?

I’ll give you a great Nobel winner and friend of Milton Friedman – George Stigler. THAT is one man you cons should listen to.

And you can toss Walter Williams and the other nutjobs into the trash heap.

Joe Hussein Mama

November 23rd, 2011
11:08 am

barking frog — “they do not report the unemployment figures based
on people losing the unemployment benefits. they telephone poll
1000 people and report the ratio of people who say they’re employed
to people who say they’re not employed.”

Cite, please?

If a change was made, do you know when it was made?

Jm

November 23rd, 2011
11:09 am

See reuters for more info

Sh-t is hitting the freaking fan and Obama is asleep at the wheel

Frickin moron

USinUK

November 23rd, 2011
11:10 am

JHM – 11:08 – the household survey has been in use for ages – but it’s a survey of 60K houses, not 1K

jewcowboy

November 23rd, 2011
11:10 am

Joe Hussein Mama,

“I have no problem with him being required to turn over his passport while the investigation is under way.”

Actually I do. Until someone is charged with a crime, there should be no reason to restrict their travel. That whole innocent until proven guilty concept I suppose.

barking frog

November 23rd, 2011
11:11 am

USinUK

November 23rd, 2011
11:11 am

JHM – they started using this method so that it would standardize unemployment measurements internationally (which is why it’s called ILO unemployment – International Labor Organization)

USinUK

November 23rd, 2011
11:12 am

Jm – “DISASTROUS GERMAN BOND SALE

they couldn’t sell 1/2 of their bonds”

and you think DEBT is the problem???

Brosephus

November 23rd, 2011
11:13 am

jm @ 11:09

And just what in the FU*K is Obama supposed to do??? Buy up German bonds?? Dude, your obsession is getting a bit scary. Don’t be surprised to see guys in black suits following you around.

Stevie Ray

November 23rd, 2011
11:13 am

JOEHUSSEIN,

No one at GSE’s went to jail because due to cronyism and politics, conviction was eliminated from equation in favor of settlements below…

Raines did pay back $24 million in settlement compared to the $91 million he made between 1998 and 2004 when he was terminated.

Brosephus

November 23rd, 2011
11:15 am

posted twice already, maybe the third time is a charm… I’m still looking to learn something new today.

distinguishing the difference between giving ILLEGAL ALIENS and Lazy Americans WELFARE checks and other entitlements and subsidizing NUCLEAR powered energy for the masses.

Care to impress us with your vast library of knowledge by explaining what the difference is? If nuclear energy is a viable energy option, then it should not need subsidies in order to provide energy. That’s using conservative logic on solar energy and applying it to nuclear energy. A true conservative would believe in free market principles in that nobody would need subsidies to exist. If it was not viable, then it would be replaced by something that would be viable.

Joe Hussein Mama

November 23rd, 2011
11:15 am

barking frog, USinUK — Going to have a look at that over some lunch. Got a Reuters story to read first, tho.

getalife

November 23rd, 2011
11:15 am

USMC,

I think LSU will win the rest of their games to leave no doubt they are Champions this year.

barking frog

November 23rd, 2011
11:16 am

For those who believe the dollar is worthless, try buying
some german bonds with them..

Stevie Ray

November 23rd, 2011
11:16 am

jewcowboy

Thanks for reponse. That definition was from my Devils Unabridged Dictionay and is to be taken in jest although you have to admit no small grain of truth exists. I’m not sure about your comment relative to the proportion of left wing corruptresentative versus right wing and find this irrelevant to any issue on the table.

Not a Neal Boortz Redneck

November 23rd, 2011
11:16 am

Jm –

Your posts get more irrelevant each time. You have no ideas – no heft. You hate Obama, fine Are you an Aborto-Freak? A Bible Thumper? Without data or assertion one must conclude that the source of your hatred is your own ideology.

Jm

November 23rd, 2011
11:16 am

Bro? Um no. Your don’t understand financial markets.

Obama should be executing any and all means necessary to close the deficit. Instead he is proposing to increase the deficit

Obama is insane

Welcome to the Occupation

November 23rd, 2011
11:17 am

Jm: “Debt is bad people. WAKE UP!!!!”

See what I mean?

These so-called ‘conservatives’ don’t even realize it when they engage in anti-capitalist rhetoric.

barking frog

November 23rd, 2011
11:17 am

USinUK when dealing with government figures being off 59,000
is not too bad…

Jm

November 23rd, 2011
11:18 am

Obama is ruining America

No jobs, a giant deficit, no reform.

Fire him.

Stevie Ray

November 23rd, 2011
11:18 am

NOTNEALBORTZ,

If you are suggesting that either the left leaning (keynes…who by the way had no children) economist or right wing economists submit anything but political hand jive, you are denying the actual doings in our political realm…..as an adjunct, what do your suppose the batting average of the CBO is over any 10 year period? Heck, my guess is that any budget or actual estimates on revenues versus spending is plus or minus 20%

barking frog

November 23rd, 2011
11:19 am

JHM, the method of determining the unemployment rate that you
describe is the way it should be done, unfortunately it is not…

Brosephus

November 23rd, 2011
11:20 am

jm

And it appears that you don’t understand how the government works. Obama can not rule through executive orders, lest he decides to become a dictator. Our laws and regulations begin in Congress, not with Obama. Anything that closes the debt MUST come through Congress, so maybe your bloviating should be directed towards Boehner and Reid more than Obama.

Maybe you should seek help for your mancrush.

jewcowboy

November 23rd, 2011
11:22 am

Stevie Ray,

“I’m not sure about your comment relative to the proportion of left wing corruptresentative versus right wing”

The lack of statesmen-like qualities in our Congress Cirtters is egalitarian in its paucity.

USinUK

November 23rd, 2011
11:22 am

Stevie Ray

November 23rd, 2011
11:22 am

JEWBOY,

My Devils Dictionary that I got from UGA book sale offers the following definition of Hebrew: noun, A male Jew , as distinquished from Shebrew, an altogether superior creation….

Religion, noun: A daughter of HOPE and FEAR, explaining to IGNORANCE the nature of the UNKNOWABLE.

josef

November 23rd, 2011
11:23 am

GM
Having the day off with a little time on my hands to play to nyanh nyanh game, I’ll respond…

“Thats the trouble with you Georgia southerners…”

Well, you must not mean me, then, second person pronoun aside. I’m a Mississippi Southerner. That ought to warm the c*ckles of you supercilious superior little heart (bless it)

“…someone points out your ignorants and your dark history of the past…”

Did you mean “ignorance?” Southerners certainly have no market cornered there. And ‘dark history of the past’? Yet, we’re the ones chided for living there. Mirror, mirror.

“…you hate this President…”

I do? News to me. I’m no big fan in a lot of areas, but, overall, he’s been a fairly decent one, mediocre, but decent. And I have a great deal of respect for him in matters of family values and a self-effacing sense of humor. He’s not that bad of a role model.

“…you people will feel better when you admit it to yourself what you are.”

So will we all, whoever ‘you people’ may be…and BTW does your screed include the several million melanin enhanced Southerners? Face it, that classification is getting slapped with your broad brush, too…

“…most of you people worst kind of Americans we can have in this country…”

Living in the past with you, is that why that little episode a hundred and fifty years ago took place, so we could be ‘the worst kind..’ How come “we” weren’t let go then?

Like I said to begin with, you’re the kind who gives our co-nationals from Up North a bad name.

Jm

November 23rd, 2011
11:23 am

Funny. I cite facts and liberals say conservatives are making things up. Hilarious.

Not a Neal Boortz Redneck

November 23rd, 2011
11:25 am

Germany sold 65% of their 10-yr bond offering at a 1.98% yield today which is excellent. The 35% they didn’t sell indicates a liquidity problem and not a debt problem.

The ECB won’t let liquidity become a bigger problem for Northern Europe.

getalife

November 23rd, 2011
11:25 am

Now that the gop mandate to derail our recovery for the election has failed, our economy will continue to grow at a very slow pace. We lose a decade of solid growth due to the w collapse.

We still have millions of jobs to recover from the w collapse but if the gop win, I would hedge on another collapse.

Keep Up the Good Fight!

November 23rd, 2011
11:25 am

Libs are insane! Obama is insane!

Perhaps when you are the only “sane” one and the rest of the world is “insane” by your claims……by definition if everyone else is has certain societal norms and you are the one violating them…. you are the insane one. :lol: But I am sure that was explained to you when you tried on that jacket.

Jm

November 23rd, 2011
11:26 am

Bro. He fired his own deficit commission. He wouldn’t compromise with republicans in previous negotiations. He sat out this round and is sitting in the oval office watching the paint peel.

Fire the guy

Stevie Ray

November 23rd, 2011
11:26 am

JEWBOY,

Spot on! The only true bi-partisan things that occur in DC are conflicts of interest….of course, this is not against the law as same is in private sector. We can all blog all we want relative to who’s more scum than the other party but truth is that until we reform DC workings by making it illegal to ,among other things making insider trading, cronyism, favorable land deals based on earmarks, and allowing elections to be purchased by who raised the most campaign contributions and/or has special interest attack an opponent.

jewcowboy

November 23rd, 2011
11:27 am

“I’ve said before, jays blogger quality needs an upgrade” ~ Jm

“Obama is ruining America” ~ Jm
“Obama is insane” ~ Jm
“Obama is asleep at the wheel” ~ Jm
“Frickin moron” ~ Jm

The irony is thick in this one Obi-Wan.

Joseph

November 23rd, 2011
11:27 am

Jay I would assume that you feel spewing misinformation and outright lies pretty much covers for the fact that the stimulus was an absolute failure. Did you read the entire report? The CBO’s figures came from the people and industries that received stimulus funding. Of course they are going to spill out numbers of success…. It’s only logical. I work for an organization that received enough funding to create 30-40 jobs supposedly. Yes these jobs were created and paid really well to do absolutely nothing really. We had a person sit at our office and call people all day and ask if they were in need of our services. Laughable… Most people were at work which means that the call wasn’t answered or was pick up by an answering machine. This particular so called created job resulted in absolutely no business whatsoever for us. Of course the so called created job is history now that the stimulus money is gone… So don’t lecture informed people Jay that this was a success when you don’t present all the facts. I’m sure the 2 or 3 far left readers of your buys all the garbage you print but informed people know better….. By the way if a positive report was not turned in for stimulus recipients they had to repay the money… You conveniently left that part out to Jay… LOL…

Jm

November 23rd, 2011
11:29 am

Jewcowboy

I’m angry at Obama. But it’s thought based anger. Make light of it all you want.

If our country goes down in flames, you’ll be on board too

stands for decibels

November 23rd, 2011
11:30 am

I work for an organization that received enough funding to create 30-40 jobs supposedly. Yes these jobs were created and paid really well to do absolutely nothing really.

Did you happen to see a colored lady buying T-bone steaks with food stamps at Teh Soopermarket?

Keep Up the Good Fight!

November 23rd, 2011
11:30 am

But it’s thought based anger

Not intended to be a factual statement. :D

Midori

November 23rd, 2011
11:31 am

jm

you wouldn’t know a “fact” if it bought you dinner AND screwed what little of your brains out.

Stevie Ray

November 23rd, 2011
11:31 am

Speaking of insanity, the only verifiably insane folks are us voters. We get tricked into making decisions based on half truths by electorate with conflicted interests. If we are presumptuous enough to believe our system is not ridiculously flawed and therefor only capable of flawed outcomes, corruptresentatives will be pretentious enough to continue on as Permanent Political Class…reaping financial benefits from taking turns drinking from the trough we continue to fill…

Jm

November 23rd, 2011
11:32 am

“Not intended to be a factual statement. ”

Not intended to be an intelligent argument.

Not a Neal Boortz Redneck

November 23rd, 2011
11:32 am

Yeah, Jm, I am angry at Bush for creating the $1.3 trillion annual deficit that Obama must deal with. At least it hasn’t grown.

Grow up.

josef

November 23rd, 2011
11:33 am

midori

@ 11:01

But, the bigger question is, would it offer him a smoke and speak to him in the morning… :-)

jewcowboy

November 23rd, 2011
11:34 am

Stevie Ray,

“SheBrew” :) Though I disagree with the definition…

“A daughter of HOPE and FEAR, explaining to IGNORANCE the nature of the UNKNOWABLE.”
Brilliant!

Jm

November 23rd, 2011
11:34 am

Still blaming bush I see

Get a new scapegoat for christ’s sake

Midori

November 23rd, 2011
11:34 am

Josef,

judging by his level of “performance” on this blog, I really, really doubt it.

Brosephus

November 23rd, 2011
11:35 am

He wouldn’t compromise with republicans in previous negotiations.

Pure, unadulterated bullsh*t!!! I recall Boehner walking on Obama several times. I even recall Obama’s own party being angry with him for putting “entitlement” cuts on the table when they were dead set against it. Obama’s worked towards compromise to the point that he has no damn spine whatsoever in my honest opinion. It is not compromise when you give your opposition 100% of what they want without getting any of what you want in return. If you or anybody else think that is compromise, then you’re sadly mistaken.

He sat out this round and is sitting in the oval office watching the paint peel.

This “round” was all on Congress. Obama is the head of the Executive Branch of our government. Congress falls under the Legislative Branch. There isn’t a single thing that Obama can do legally other than cheerlead from the sideline. You and others have to realize that Presidents can not, should not, and do not write legislation. That is not how the Constitution is set up. You should direct your fail anger towards Congress because that’s where the true failure lies. However, I don’t expect anything different from you other than your obsessive rants about Obama.

Stevie Ray

November 23rd, 2011
11:36 am

MIDORI,

Do you realize that when the debate gets to name calling, the name caller has conceded?

jewcowboy

November 23rd, 2011
11:36 am

Stevie Ray,

“insider trading, cronyism, favorable land deals based on earmarks, and allowing elections to be purchased by who raised the most campaign contributions and/or has special interest attack an opponent.”

There is bi-partisan action in DC!

Welcome to the Occupation

November 23rd, 2011
11:36 am

Boortzie: “The ECB won’t let liquidity become a bigger problem for Northern Europe.”

What do you think’s going to happen? I read earlier where Merkel’s continuing to meet with resistance from conservative coalition about setting up Eurobonds. There’s tremendous resistance to meeting the liquidity problem head on – the tendency is to see things in fiscal budgetary terms, like our con friends here.

Midori

November 23rd, 2011
11:36 am

Stevie Ray,

I didn’t start the fire

Brosephus

November 23rd, 2011
11:37 am

Get a new scapegoat for christ’s sake

Maybe you should take your own advice there. Just sayin’…

Jm

November 23rd, 2011
11:37 am

Get a new scapegoat

Cause it’s almost 2012 and bush hasn’t been president for almost three whole years…..

Midori

November 23rd, 2011
11:38 am

Cause it’s almost 2012 and bush hasn’t been president for almost three whole years…..

yet you want all of his crap cleaned up in less than one………..

jewcowboy

November 23rd, 2011
11:38 am

Jm,

“But it’s thought based anger. ”

It doesn’t come across as such…but maybe that’s just in the delivery.

Stevie Ray

November 23rd, 2011
11:41 am

JEWCOWBOY,

I won’t ask about SHEBREW definition although I will say I’ve been deemed a goyim by many a SHEBREWs families over my less than distinquished dating career.

I do respect my experience which suggests that most members of the tribe don’t believe in invisible friends…instead they continue the fight to preserve the tribe. Sometimes I get frustrated with that but mostly, I’m jealous as I am tribeless…being a caucasian middle aged taxpayer captialist heathen…we are an endangered class…

Jm

November 23rd, 2011
11:41 am

Apparently bush is still president

Or Obama is utterly powerless

Take your pick

DebbieDoRight

November 23rd, 2011
11:41 am

Stevie Ray (Vaughn?): The Fannie Mae and Freddie Mac irregularities totaled $11 billion. Enron’s totaled $500 million..why do your suppose no one at the GSE’s went to jail?

Because Fannie & Freddie weren’t STEALING funds or cooking the books (unlike Enron). Their falls were due to “creative” mortgaging by Wall Street.

DebbieDoRight

November 23rd, 2011
11:41 am

Stevie Ray (Vaughn?): The Fannie Mae and Freddie Mac irregularities totaled $11 billion. Enron’s totaled $500 million..why do your suppose no one at the GSE’s went to jail?

Because Fannie & Freddie weren’t STEALING funds or cooking the books (unlike Enron). Their falls were due to “creative” mortgaging by Wall Street.

DebbieDoRight

November 23rd, 2011
11:41 am

Stevie Ray (Vaughn?): The Fannie Mae and Freddie Mac irregularities totaled $11 billion. Enron’s totaled $500 million..why do your suppose no one at the GSE’s went to jail?

Because Fannie & Freddie weren’t STEALING funds or cooking the books (unlike Enron). Their falls were due to “creative” mortgaging by Wall Street.

Jm

November 23rd, 2011
11:41 am

Apparently bush is still president

Or Obama is utterly powerless

Take your pick

Mighty Righty

November 23rd, 2011
11:41 am

Another view:

The Congressional Budget Office on Tuesday downgraded its estimate of the benefits of President Obama’s 2009 stimulus package, saying it may have sustained as few as 700,000 jobs at its peak last year and that over the long run it will actually be a net drag on the economy.

CBO said that while the Recovery Act boosted the economy in the short run, the extra debt that the stimulus piled up “crowds out” private investment and “will reduce output slightly in the long run — by between 0 and 0.2 percent after 2016.”

The analysis confirms what CBO predicted before the stimulus passed in February 2009, though the top-end decline of two-tenths of a percent is actually deeper than the agency predicted back then.

All told, the stimulus did boost jobs and the economy in the short run, according to CBO’s models. At the peak of spending from July through September 2010, it sustained anywhere from 700,000 to 3.6 million, which lowered the unemployment rate by between four-tenths of a percent to 2 percent.

The Obama administration had promised 3.5 million jobs would be produced at the peak of spending.

DebbieDoRight

November 23rd, 2011
11:42 am

sorry – don’t know how that happened. :oops:

Scooter

November 23rd, 2011
11:42 am

I assume these “facts” are derived from a multi-variable economic models built with assumptions and expectations, so what is their beta coefficient? Ah who cares, we should all know it was a great success and be thankful for all the green shoots in the labor market. What a crock!

Not a Neal Boortz Redneck

November 23rd, 2011
11:42 am

Jm – the ongoing annual deficit is entirely on Bush.

Obama’s only opportunity to correct it was to end the Bush tax cuts so he did fail there. You are correct.

jewcowboy

November 23rd, 2011
11:43 am

“I work for an organization that received enough funding to create 30-40 jobs supposedly.”

Funny…I work for an organization that received about $3M in stimulus money. It jumped started a project in the city to make it more walkable, bikeable and ease traffic congestion, directly created about 100 jobs, increased commercial leasing and is boosting property values in a 4 mile radius. But I guess that must be a figment of CBO’s and Bookman’s imagination.

Brosephus

November 23rd, 2011
11:43 am

“But it’s thought based anger. ”

It doesn’t come across as such…but maybe that’s just in the delivery.

Thought does not have to be based in fact, or even reality…

Joseph

November 23rd, 2011
11:44 am

stands for decibels:

Actually my company has a $50 million dollar a year budget… Something your feeble little liberal mind couldn’t possibly fathom….

Jm

November 23rd, 2011
11:45 am

Midori

Canada balanced it’s budget in 4 years from a huge deficit

Cleanup can be done by a competent leader

Obama is not competent

Mighty Righty

November 23rd, 2011
11:45 am

How much much money did the taxpayers lose on Enron? Exactly, zero! That’s right. Not a penny. Nada. Zero, Zip, Zilch. Nothing.

Adam

November 23rd, 2011
11:45 am

thought based anger goes something like this:

Thought: “I hate Obama” Result: anger.

Obama is over

November 23rd, 2011
11:46 am

I went to the CBO website and read the report you cut and paste from today. On page 9 in the conclusion the report states: ” ARRA’s long-run impact on the economy stems primarily from the resulting INCREASE in Government debt.” Now we all know that in order to pay for increased government debt, taxes have to rise. Again from the CBO report:” …the increased debt tends to REDUCE the stock of productive private capital. The less productive capital there is as a result of lower private investment, the SMALLER will be the nation’s output in the long-run.” This report was released because the CBO changed the methodology it used to scrutinize the stimulus. There is still no viable economic plan coming from the Obama camp on how to grow the economy without spending ridiculous amounts of taxpayer money. This is going to be the nastiest, most divisive Presidential campaign in history. Obama has the potential to not only destroy the Democratic party, but also do significant damage to the very fabric of the nation as a whole.

Adam

November 23rd, 2011
11:47 am

Mighty Righty: How much much money did the taxpayers lose on Enron? Exactly, zero!

That’s right, they got their money’s worth out of the SEC and other organizations funded by taxpayers to stop corruption like that, and taxes paid so Congressmen can get paid to pass laws such as SOX. So no, they didn’t LOSE any money because they got their TAX money’s worth out of REGULATORS.

Stevie Ray

November 23rd, 2011
11:48 am

DEBBIEDORIGHT,

I generally don’t like to judge anyone personally on any post but I suggest you do the research relative to exactly how FM and FM got so full of toxic, subprime loans. You couldn’t be more off the mark…FM and FM certainly did cook the books….see the report from OFHEO who noted the board members (ie Rob Emmanuel among others) took no interest in accounting irregularities or looked the other way so to enhance bonus opportunities. See also cosy relationship between GSE’s and Countrywide’s Angelo Mozilo who was later named CNN’s Ten Most Wanted culprits of collapse…

Do the homework instead of asking me to educate you and then lets have debate…

Adam

November 23rd, 2011
11:49 am

Obama is over: There is still no viable economic plan coming from the Obama camp on how to grow the economy without spending ridiculous amounts of taxpayer money.

And there is no viable plan from the Republicans AT ALL. Given the choice between a plan that costs money, and NO PLAN AT ALL, I’ll take the plan that costs money, thanks.

josef

November 23rd, 2011
11:49 am

Stevie Ray

Well, if you’re from Down in Dixieland, you have a tribe!

Shebrew! Count your blessings you’re not a male member of the tribe…SHE can knock off a piece of shegets, but the 11th Commandment is “Thou shalt not shtup a shiksa!” :-)

Not a Neal Boortz Redneck

November 23rd, 2011
11:50 am

Mighty Righty — taxpayers (consumers) lost plenty via Enron’s price fixing for energy trading.

The Enron Loophole was finally fixed by Democrats in 2008 over a Bush veto.

stands for decibels

November 23rd, 2011
11:50 am

my company has a $50 million dollar a year budget…

Wow. I guess I can take everything you post as Gawdz Honest Troof then.

Back later, when it don’t stink so bad in here.

Jm

November 23rd, 2011
11:51 am

Voters only have to do one thing to fix the deficit and economy.

Vote for Romney next November

Your choice, your fate

Keep Up the Good Fight!

November 23rd, 2011
11:51 am

Well you would think that with the “proof” of stim failure, the non-feableminded brain of Joseph would use that brain to contact some right wingnut or Faux news outlet to expose the stimulus sham so all the world can see Obama’s failure…..

Again, remember VIP parking at the Whole Foods for all food stamp holders for the holidays!

Stevie Ray

November 23rd, 2011
11:51 am

MIDORI,

If you didn’t start it then instead of stooping to a level below your standards, call out the offender of surrendering and then hit em with a roundhouse of credible stuff..

DebbieDoRight

November 23rd, 2011
11:51 am

debbs: “Quick question – Are you advocating that more US blood be spilled over other people’s problems?”

josef: To stop a certain blood bath…yes…

WHY?

josef: Oh, BTW, midori wants to borrow the boa for when we go shoppin!

Oh Hell to the NO!! I got first dibs on the boa!! Back off Midori!!! :)

D. DoRight — “Dudley got a “call to arms” in the mail a couple of weeks ago, (he’s already served 12 years – his legal obligation is OVER)”

joe: I didn’t get one of those. Now I’m jealous. What did it say? Asking him to re-up?

It said that he has to report to Ft. Polk for “training”. I called and asked about it and told them that he had served his time and had no more legal obligation. The Lt. on the line said “Oh well, it must be some mistake, but just in case, tell him to show up anyway and we can straighten it up once he gets here.” I tore the notice up. Dudley’s already in Afghanistan (Civilian); at least the bullets he’s dodging now have a pot of gold attached to them.

Joseph

November 23rd, 2011
11:51 am

The ridiculous assumptions that Bush created a 1.3 trillion dollar deficit are in itself a lie. That Obama continued spending at those levels is fact. When Bush left office the 800 billion dollar bank bailout was the chunk of his deficit. Of course most informed people know that the banks have repaid almost all of the 800 billion. You loons on the left do the math…..

getalife

November 23rd, 2011
11:52 am

jm is the class clown.

Jm

November 23rd, 2011
11:53 am

I don’t hate Obama

I’m very angry with him for being such a crummy president

He’s a charlatan

Stevie Ray

November 23rd, 2011
11:54 am

MIGHTY RIGHTY,

Whatever you suggest taxpayers or investors lost in Enron pales in comparison to what taxpayers will be paying, on top of the $25 BILLION already thrown down the FMFM black hole. Unfortunately, due to special priviledges enjoyed by these publicly funded private entities, we could ultimately be on the hook for trillions….

DebbieDoRight

November 23rd, 2011
11:54 am

Joseph: Did you read the entire report? The CBO’s figures came from the people and industries that received stimulus funding. Of course they are going to spill out numbers of success…. It’s only logical

IOW – I REFUSE to believe anything good about Obama, Democrats, people From Hawii, etc. So take that!!!

Jm

November 23rd, 2011
11:55 am

Getalife

Coming from the king of vapid one liners I’ll take that as a compliment

jewcowboy

November 23rd, 2011
11:55 am

Jm,

“Vote for Romney next November”

If Romney is the answer why wasn’t he the candidate in 2008? And why do only 20% of Republicans want him as their candidate?

Mighty Righty

November 23rd, 2011
11:57 am

Adam, Adam, Adam, the investors in Enron lost money. Had Arthur Anderson and the S.E.C. done their jobs, even that would have been minimized. Fannie and Freddie are a typical government program managed by political appointments based on the spoils system.

getalife

November 23rd, 2011
11:57 am

jm,

You should have blogged when w was actually destroying our country.

You would have credibility because our President is cleaning up w’s mess.

mm

November 23rd, 2011
11:58 am

Jay, that pales in comparison to what the republicans did for the economy. Oh, wait a second……….

jewcowboy

November 23rd, 2011
11:58 am

“Bush created a 1.3 trillion dollar deficit are in itself a lie.”

Maybe so if you leave a couple of wars off the books as Bush did…

Not a Neal Boortz Redneck

November 23rd, 2011
11:58 am

You’re wrong, Joseph.

TARP was supplemental and never a part of the budget. And yes, it will be mostly repaid.

http://www.politifact.com/truth-o-meter/statements/2010/jan/29/barack-obama/obama-inherited-deficits-bush-administration/

The CBO forecast the Bush deficit without TARP.

mm

November 23rd, 2011
11:59 am

jm is the new Duh.

josef

November 23rd, 2011
11:59 am

Debbie

Why?

To prevent another Phnom Penh, Srebenica, Kigali..the moral imperitive of our better nature both as a species and as a nation…

The bigger question, to me, is not why, but how…

TaxPayer

November 23rd, 2011
11:59 am

If only jm had a few hundred powerpoint slides to help make his point. Singapore Airlines is ready when you are, jm.

jewcowboy

November 23rd, 2011
12:00 pm

“I don’t hate Obama” ~ Jm

“Obama is ruining America” ~ Jm
“Obama is insane” ~ Jm
“Obama is asleep at the wheel” ~ Jm
“Frickin moron” ~ Jm

Uh-huh…

mm

November 23rd, 2011
12:00 pm

“Bush created a 1.3 trillion dollar deficit are in itself a lie.”

True, it was more like 5 trillion.

getalife

November 23rd, 2011
12:03 pm

On this blog, we do not give w and the gop a free pass for exploding the deficit and destroying our country.

Never have and never will.

Got it jm?

Mighty Righty

November 23rd, 2011
12:04 pm

jewcowboy
A poll today showed a majority of Democrats prefer Hillary Clinton to Barack Obama. Why didn’t they vote for her in 08? Same question as your 11:55.

jewcowboy

November 23rd, 2011
12:05 pm

“I don’t hate Obama” ~ Jm

“Obama is utterly powerless” ~ Jm

“Obama is not competent” ~ Jm

“He’s a charlatan” ~ Jm

DebbieDoRight

November 23rd, 2011
12:06 pm

SoCoBro:Obama’s worked towards compromise to the point that he has no damn spine whatsoever in my honest opinion

Mine too.

Stevie Ray: generally don’t like to judge anyone personally on any post ………blah, blah,blah…….FM and FM certainly did cook the books…blah,blah,blah…………. who noted the board members (ie Rob Emmanuel among others) took no interest in accounting irregularities ………….. blah, blah, blah, See also cosy relationship between GSE’s and Countrywide’s Angelo Mozilo who was later named CNN’s Ten Most Wanted culprits of collapse…blah, blah. blah.

A) Freddie and Fannie has more oversight than Wall Street — the cooking the books line is a good story, but hardly fact.

B) Accounting irregularities came from Wall Street.

C) Countywide is NOT Fannie or Freddie. Just saying…….

Do the homework instead of asking me to educate you and then lets have debate…

Back at ya. Just saying………..

jewcowboy

November 23rd, 2011
12:07 pm

Mighty Righty,

“Same question as your 11:55.”

Not really…because Obama has been President and a track record now….Romney is in the exact same position…20%

getalife

November 23rd, 2011
12:08 pm

mr,

She is polling well because she is not running for any office.

She deserves to be honored when she retires.

jewcowboy

November 23rd, 2011
12:09 pm

Apologies, I cut myself off;

Romney is in the exact same position as he was in 2008…20%

DebbieDoRight

November 23rd, 2011
12:10 pm

Fannie and Freddie are a typical government program managed by political appointments based on the spoils system.

Do any of you guys ranting about Fan & Fred actually KNOW what they do? Or are you just on the “Hate Fan/Fred Bandwagon” because you were told to? I mean you guys come out with the same talking points, the observant on this board shoot it down every time, you chill for a minute, and then a few weeks later, you come back with the same old lies and misinformation.

It’s like groundhog day.

Ross Perot

November 23rd, 2011
12:11 pm

Man he personally saved the economy and personally killed O.S.B and Omar. Voting for him is a no brainer!

GM

November 23rd, 2011
12:12 pm

Jm

America was ruin before Obama took over:
You can not name me one accomplishment Georga Bush di?
Obama

1. Ledbetter Act for women
2. Veterans Act
3. Bin Liden
4 Dont ask dont tell
5. Troops Withdrawl Irag
6. Bail out auto indust 1 million jobs saved
7. Libya President dead
8. Hate crimes prevention act
Student loan reform (piggybacked on healthcare)
Healthcare reform
Cancelled the F-22
Funded energy and science research
Nuclear arms treaty with Russia
All in 3 years this is why you people are crazy and once you idiots get over color it will soak in””””’

Keep Up the Good Fight!

November 23rd, 2011
12:12 pm

Apologies, I cut myself off

That is bound to hurt! :D

josef

November 23rd, 2011
12:12 pm

Mighty Righty
@ 12:04

She wasn’t a bright and shiny bauble and not a very good drag queen. Now it’s buyer’s remorse. But in all fairness to Obama, I don’t think she’d have done any better a job given what he was facing. Nor do I think anyone else would have. Nor do I see anything on the horizon for 2012 who would. Not that I will vote for him, I won’t, but then I AM lunatic fringe…

Soothsayer

November 23rd, 2011
12:14 pm

Not a Neal Boortz Redneck

November 23rd, 2011
12:14 pm

Where is the GOP House solution for Fannie/Freddie?

Oh, that’s right, they are all mouth again.

Fact is you can’t GIVE them away with their debt load and the fact their bonds have an implicit guarantee. To date all FNM’FRE bonds have paid full coupon.

josef

November 23rd, 2011
12:15 pm

GM

“…once you idiots get over color it will soak in””””’”

Physician, heal thyself….

Ross Perot

November 23rd, 2011
12:16 pm

Checked the news on how the arms treaty with russia is going?
http://www.drudgereport.com/

DebbieDoRight

November 23rd, 2011
12:18 pm

josef: Why?

To prevent another Phnom Penh, Srebenica, Kigali..the moral imperitive of our better nature both as a species and as a nation… The bigger question, to me, is not why, but how…

America is not Mr. Fix-It. We can not fix everyone’s problems; ESPECIALLY when we have so mamy of our own.

Our infrastructure is crumbling and we just can’t afford to be “Big Brother” and police other countries.

We participate in a war, then have to “rebuild” the country where the war took place; while the citizens of that country smile in our faces, while blowing up our soldiers on the sly.

Once we rebuild their country, do these “joyful, thankful, people” ever give us ONE THIN DIME back of the money we spent to “liberate” them?

NO. They don’t. If some country wants freedom let them fight for it like we did for our own freedom.

Not a Neal Boortz Redneck

November 23rd, 2011
12:19 pm

Hey, the absurd “missile shield” the US was funding in Poland and Czech Republic is no more.

Thank Obama for that.

josef

November 23rd, 2011
12:20 pm

DebbieDoRight

November 23rd, 2011
12:06 pm

“SoCoBro:Obama’s worked towards compromise to the point that he has no damn spine whatsoever in my honest opinion

Mine too.”

Add my vote to that column.

Welcome to the Occupation

November 23rd, 2011
12:22 pm

All that conservativism boils down to in the end is a childish acting out in the face of a scary and threatening world of change and the pent-up resentment towards those more hearty spirits who choose to embrace that change rather than sabotage it.

That and just common crookedness of course. There’s never a lack of that.

Brosephus

November 23rd, 2011
12:26 pm

How much much money did the taxpayers lose on Enron? Exactly, zero! That’s right. Not a penny. Nada. Zero, Zip, Zilch. Nothing.

I guess you’re neglecting to think about the impact that Enron and other debacles have had on pension funds. You might wanna think again about whether taxpayers lost money or not.

The ridiculous assumptions that Bush created a 1.3 trillion dollar deficit are in itself a lie.

You might wanna reconsider your stance on that one. Bush’s last budget created the deficit that Obama is often incorrectly given credit for. Bush’s last budget was FY 2009 which ran from 1 Oct 2008 – 30 Sept 2009. Obama’s first true budget began on 1 Oct 2009.

DDR @ 12:06

Now, if I can only get you to see the error of your ways in supporting Auburn and Skeegee. ;)

GM

November 23rd, 2011
12:27 pm

josef
Obama’s worked towards compromise to the point that he has no damn spine

Thats why 3 of the top terriost in the world are dead and people like you can sleep at night because he has no spin” do you people hear yourself? ‘
Thanks Commander Chief President Obama

josef

November 23rd, 2011
12:29 pm

DDR
@ 12:18

That was why I said how is the bigger question.

But, again, you don’t sit on the sidelines while innocents are being slaughtered in the name of politics…

You’re not doing it for thanks and gratitude, but because you have a duty to do what you can where you can to stop genocide…it’s what “never again” is all about…

Now, as far as taking care of things at home…certainly and that’s why I don’t support willy nilly interventions for economic or geopolitical reasons…if we stopped that, then we could take care of business at home and still be able to be, not policeman, but ambulance driver…

Brosephus

November 23rd, 2011
12:33 pm

GM

DDR and josef were both agreeing with me, and I’ll stand behind my assertion that Obama has no spine because gummi worms have more backbone than he does. The fact that our military got Bin Laden and others have little to do with Obama’s backbone. Once Obama finally takes a firm stance on something and quit being all wishy washy, then he’ll show some semblance of having a backbone.

josef

November 23rd, 2011
12:35 pm

GM

Look, silly person, where have I ever said that he doesn’t deserve some recognition fot the getting of the terrorists? And in case you’re not following mine and DDR’s and jm’s exchange, he also gets points in my book for Libya and Egypt…

The lack of spine has to do with his domestic policies and his move to the center-right in a number of instances…

DDR and BROSPEPHUS

I guess I can’t agree with y’all in the color-coded world of GM, eh? I guess I’m just too uppity and a mauve boa just doesn’t suit my complexion… :-)

Keep Up the Good Fight!

November 23rd, 2011
12:36 pm

Can I join the shopping trip? I don’t have a boa but I can get a Pith Helmet….. is that too YMCAish?

I am hoping that I can find a Thundershirt to help the anxiety level of our right wingnuts. The gentle liberal pressure is reported to have a dramtatic calming effect.

Obama is over

November 23rd, 2011
12:41 pm

Adam @ 11:55 You are right. I guess Gov. Christie didn’t have any success in NJ, Paul Ryan’s plan is not a benchmark, and Bowles-Simpson, at the President’s request, just engage in creative writing exercises. I suppose we can use the Obama adminstration’s budget as a template going forward. Keep in mind that the failure of the super committee and the resulting sequester resurects the Gramm-Rudman Act. This legislation will allow a majority Republican Congress to take a page out of Obama’s playbook. Rather than debating and passing a budget as in the past, Congress could immediately defund Obamacare on Jan. 2, 2013 with a simple filibuster proof majority vote under the terms of Gramm-Rudman. By constantly running for office rather than doing his job, Obama has created a structure that will unwind his administration’s signiture achievement.

jewcowboy

November 23rd, 2011
12:41 pm

Brosephus,

“The fact that our military got Bin Laden and others have little to do with Obama’s backbone.”

Following that course of logic, Bush was not responsible for Iraq, the military was.

josef

November 23rd, 2011
12:41 pm

good fight

well, you do get pithy from time to time! :-)

josef

November 23rd, 2011
12:44 pm

The military got Osama. Obama gave the go ahead. Credit to both for doing their jobs.

Now, al Awlaki? The credit there goes to Alan the Black Cat! :-)

josef

November 23rd, 2011
12:47 pm

DDR, midori

Can good fight be an honorary colored girl for the shopping trip? (with apologies to Ntozake Shange!) :-)

Jm

November 23rd, 2011
12:50 pm

Getalife 11:57

Believe me. I was all over bush’s shortcomings including his deficits

Brosephus

November 23rd, 2011
12:51 pm

jcb

Bush’s responsibility with Iraq was putting us there in the first place. I don’t give him credit for anything on the ground because he was not over there toting a rifle, dodging bullets, and making every decision that was made.

Not a Neal Boortz Redneck

November 23rd, 2011
12:52 pm

Actually, Obama deserves large credit for OBL.

McCain and Hillary laughed at Obama when he said he would violate Paki sovereign air space if needed. As an ally he was supposed to ask permission. So McCain and Hillary never would have gotten him.

DebbieDoRight

November 23rd, 2011
12:57 pm

SoCoBro: Now, if I can only get you to see the error of your ways in supporting Auburn and Skeegee

HA! Never happen my friend. The only way I’ll support “Bama” is if they’re in the BCS title game against anyone outside of the S.E.C. — other than that, pigs will fly, dogs will marry cats, etc. You get my drift!

josef: guess I can’t agree with y’all in the color-coded world of GM, eh? I guess I’m just too uppity and a mauve boa just doesn’t suit my complexion…

I covet that Boa — and it looks mighty fine on me! :wink:

josef: But, again, you don’t sit on the sidelines while innocents are being slaughtered in the name of politics…

When it’s not our fight we do. If the agenda of the slaughters are world wide conquer and demolish; (ala Hitler and Genghis Khan), THEN it’s our business; if not………..

You’re not doing it for thanks and gratitude, but because you have a duty to do what you can where you can to stop genocide…it’s what “never again” is all about…

I’m tired of our blood being spilled over other people’s wars. I’m sick of our soldiers coming back, if they’re lucky, disabled, psychological tortured, and destitute. I’m tired of our soldiers dying on other people’s lands. I’m tired of our soldiers bearing the burnt of other people’s problems. I’m tired ofour soldiers being asked, time and time again, to die for other people stupidity. There’s only so many times you can go back to that well before it runs dry. What then?

Now, as far as taking care of things at home…certainly and that’s why I don’t support willy nilly interventions for economic or geopolitical reasons…if we stopped that, then we could take care of business at home and still be able to be, not policeman, but ambulance driver…

Ambulance drivers are rarely in the line of fire — soldiers are.

DebbieDoRight

November 23rd, 2011
1:02 pm

josef: Can good fight be an honorary colored girl for the shopping trip? (with apologies to Ntozake Shange!)

Ooooo check out the big brains on josef!! Did you see Tyler Perry’s rendition of For Colored Girls? It was soooooo depressing!!! I prefer the play — a little more levity in certain places and not so heavy.

Oh and of COURSE you can go with us!! I get to wear the boa though!

josef

November 23rd, 2011
1:08 pm

DDR

First post…I agree with you pretty much down the line, which, again, is why I come back to how…and there I have no answers only questions…

as for that production…didn’t see it, but I loved the play for just the reasons you said, a lot of gallows humor, for sure, but some really good, well, slapstick, too…

Back Seater

November 23rd, 2011
1:10 pm

Soothsayer

November 23rd, 2011
12:14 pm

You are a sick person to even think about reading someting like this. You must have been looking for a retirement location, well you found it, now go to it

Adam

November 23rd, 2011
1:11 pm

Obama is over: You are presuming something that won’t happen in some of your comments: a GOP takeover of the Senate. Won’t happen.

And anyway, are you trying to say Paul Ryan’s plan is a good one? That Simpson-Bowles was soundly supported by the GOP and Obama is the only one who didn’t take their advice?

TC in Atlanta

November 23rd, 2011
1:13 pm

JB you might want to look at the latest CBO assessment of the “Stimulus” monies spent.

Washington Times 11/22/11 -” The Congressional Budget Office on Tuesday downgraded its estimate of the benefits of President Obama’s 2009 stimulus package, saying it may have sustained as few as 700,000 jobs at its peak last year and that over the long run it will actually be a net drag on the economy.

CBO said that while the Recovery Act boosted the economy in the short run, the extra debt that the stimulus piled up “crowds out” private investment and “will reduce output slightly in the long run — by between 0 and 0.2 percent after 2016.”

http://www.washingtontimes.com/news/2011/nov/22/cbo-stimulus-hurts-economy-long-run/

Keep Up the Good Fight!

November 23rd, 2011
1:14 pm

josef…..I got a fish dance for you too! ;) But thanks for including me. :D

Brosephus

November 23rd, 2011
1:26 pm

HA! Never happen my friend.

A brother can dream though. Hopefully you’ll end up on the losing side twice this week. :)

DebbieDoRight

November 23rd, 2011
1:33 pm

A brother can dream though. Hopefully you’ll end up on the losing side twice this week

Yeah and hopefully Auburn, (Like LSU), can beat the #2 outta “Bama”!! Bama seems to have a problem with large cats, Auburn can make Bama tiger bait! Again!

pat

November 23rd, 2011
1:53 pm

Ignore the part of the report called “Long term effects”
In contrast to its positive near-term macroeconomic
effects, ARRA will reduce output slightly in the long run,
CBO estimates—by between zero and 0.2 percent after
2016.

Note the term “In contrast”. If you have to rely on spin to make a point you don’t have one. My statement that the ARRA created no sustainable growth and increased debt is completely verified by this report. Ignoring that part doesn’t make it true….It’s 2011, seriously, who cares about 09/10, now….If .75 billion dollars did absolutely nothing it would be an ineptness that even democrats would have trouble justifying.

Where’s there sustablable growth? No where. You nimrods who took Jay’s word ans didn’t read the report should be slapped regualarly.

GM

November 23rd, 2011
2:00 pm

josef

Ok, So let me get this straight, he sent up job bills after job bills and the rep shoot it down, but yet he has no spin? It took spin to bail out car indus after hypocrites like Romney cried let them fail.

Come on many man do you hear yourself hear??

GM

November 23rd, 2011
2:09 pm

Please you haters on the right please list any of the your past President that comes close to this accomplishment in 3 years, with a jacked up enconomy given to him.
I know it hards for you to accept a man of color who has done more then any of your past President, God is good””’

1. Ledbetter Act for women
2. Veterans Act
3. Bin Liden
4 Dont ask dont tell
5. Troops Withdrawl Irag
6. Bail out auto indust 1 million jobs saved
7. Libya President dead
8. Hate crimes prevention act
Student loan reform (piggybacked on healthcare)
Healthcare reform
Cancelled the F-22
Funded energy and science research
Nuclear arms treaty with Russia
Like someone said if he was white he would be put on Mt. Rushmore by now,

gmh

November 23rd, 2011
5:08 pm

The stimulus stopped the down turn from heading into another Great Depression. The problem is that it was not big enough, the Republicans made sure of that. Their only chance to get back in power is to keep the economy at a stand still. Also, if the Europe had taken care of it’s banking problems at the same time we did they would have been further along in their recovery. Our problem now is the terrible condition Europe is in. Twenty to twenty-five percent of our exports go to Europe. If they stop buying our economy gets hurt badly. Obama cannot control the world economy.

Paddy O

November 23rd, 2011
5:42 pm

So, GDP directly correlates with the unemployment rate. Thank the lord that macro analysis by the worlds liberals help solve problems in the nation of delusional.

Paddy O

November 23rd, 2011
5:44 pm

GM – those are success stories in liberal pollyanna world. Tell us exactly what #1, #2, #4, #7 & #8 did, precisely.

Paddy O

November 23rd, 2011
5:46 pm

GM – that is also window dressing for a President who can’t address the genuine problems of this nation- an empire desiring Pentagon, lack of manufacturing strength, and a grotesque deficit. The items you list are junk. But, I guess to Obama supporters it is a good resume.

Retired Vet

November 23rd, 2011
6:54 pm

Paddy O, who was the other president that bailed out an auto company back in the eighties? Hint RR. As a matter of fact, Lee Iococa who headed Chrysler at that time was heralded as presidential material. It’s funny how when a POTUS with the wrong (R) (D) behind his name does the same it becomes such a horrible thing because the auto workers are vile union members. You are too pathetic, man. Also Paddy O, google the unemployment rate ‘82 ‘83. Who was POTUS then? You may wipe the egg off your face now.

Adam

November 24th, 2011
8:24 pm

Paddy O: So what are you trying to say? Some of those accomplishments should have been ignored simply because we are/were in a bad economy? Some of us can focus on more than one thing at a time, and this country DEFINITELY has the resources to deal with more than one thing at a time, even in a recession.

stimulating obfuscation « Owens Rhetoric

November 29th, 2011
7:45 pm

[...] to Jay Bookman at the Atlanta Journal Constitution, and Daily Kos blogger, the news is this respectively: “CBO reports stimulus package was a [...]

stimulating obfuscation « Owens Rhetoric

November 29th, 2011
7:49 pm

[...] to Jay Bookman at the Atlanta Journal Constitution, and Daily Kos blogger, the news is this, respectively: “CBO reports stimulus package was a [...]