Where is the money coming from...the stimulus isn't working

Stimulus added no verifiable jobs according to congressional budget office

Just when we were convinced (hoaxed) by the mainstream media that the Stimulus Funds had created over 2 million jobs; according to the latest report from (CBO) Congressional Budget Office, we now learn that by the CBO's own confessions in the Stimulus Report these numbers are arrived at by nothing but guess work and hypothetical forecasting.

It also points out the fact that the form used to collect jobs data from ARRA Stimulus Funds Recipients does not ask for clarification concerning the fact of whether or not the job position would have continued as a result of the stimulus funds or not.

An example of the abusive reporting techniques used by the Congressional Budget Office came to light in January when it was revealed that the California State University system reported over 21,000 jobs saved, but admitted later that those jobs were never in jeopardy even without the Government Stimulus.

CBO has estimated the law’s impact on employment and economic output using a theoretical process which they term "evidence." But by the confessions made by the CBO throughout the report; this so-called evidence is nothing more than speculation at best.
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The Obama Card.....Priceless

Quote of the day

Stop referring to financial liabilities as 'toxic assets.' They aren't toxic, they're simply acquired inventory improperly valued. Equity markets are now valuing assets at a 'free market' price. I shouldn't have to pay for Citibank's profit shortfall.
-- M. Salvatini, responding to "A Republican Road to Economic Recovery."

The Obama Economy
As the Dow keeps dropping, the President is running out of people to blame.The Democrats who now run Washington don't want to hear this, because they benefit from blaming all bad economic news on President Bush. And Mr. Obama has inherited an unusual recession deepened by credit problems, both of which will take time to climb out of. But it's also true that the economy has fallen far enough, and long enough, that much of the excess that led to recession is being worked off. Already 15 months old, the current recession will soon match the average length -- and average job loss -- of the last three postwar downturns. What goes down will come up -- unless destructive policies interfere with the sources of potential recovery. READ WALL STREET JOURNAL

USA looks pretty good as Europe meltsdown

As bad as the economy is in America, the situation is much worse in the Europe. Iceland is bankrupt and the government has been toppled. France and Latvia are facing rioting in the streets. Other European governments are watching their currency value collapse and unemployment rise to staggering levels.

France paralyzed by a wave of strike action, the boulevards of Paris resembling a debris-strewn battlefield. The Hungarian currency sinks to its lowest level ever against the euro, as the unemployment figure rises. Greek farmers block the road into Bulgaria in protest at low prices for their produce. New figures from the biggest bank in the Baltic show that the three post-Soviet states there face the biggest recessions in Europe.

This is not a cumlitive effect.....this all happened in just the last week. Just goes to show what I've always said about the news media and politics in Europe...they love to focus their populace on everything bad about the US, to keep them from seeing how bad it actually is in their own backyard. Any wonder why they love Obama so much?

Why we need Obama's stimulus plan or why I HATE NANCY PELOSI

Now you see why Obama's and Pelosi's stimulus plan is so badly needed. Up until yesterday, the media take on this octuplet birth was that it was a wonderful thing, a blessing, a miracle. Because everyone loves babies, right? Guess what fellow citizens? You've just become fosterparents for these little bambinos.......and six more you didn't know about, because this woman, her parents, and now fourteen kids, is not going to earn enough to support this clown car full of screeching rugrats.

Meet Miss Nadya Suleman, who gave birth to octuplets this week, and had six other children, her mother revealed.
That brings the total up to 14. Alice Suleman, the beaming grandmother, came forward to explain the headline-grabbing event, told the press that her daughter had eight embryos implanted last year and they all came to fruition. Doctors offered to eliminate a few to help manage the pregnancy, but the woman, whose marital status remains unknown, refused. And Suleman couldn’t be happier: "I looked at those babies. They are so tiny and so beautiful." She admits taking care of the tots will be a challenge, but promised to stand by her daughter’s side. And hopefully the six other children can lend a hand, too!

The mother turns out to already have six children, is unmarried, and lives with her parents who have already declared bankruptcy and live in a two or three bedroom house. The problem with America is too many idiots. I’m not saying there should be capital punishment for stupidity, but why don’t we just take the safety labels off of everything and let the problem solve itself?