Brian Beutler at TPM said Republican Wisconsin Gov. Scott Walker “ginned up” a “budget shortfall“. As if on cue, Jamelle Bouie at The American Prospect said Walker’s deficit reducing plan was “a ginned up crisis“. Political fiction writer Steven Benen (that’s what his posts are) says Walker is insincere. The Constitutionally confused Ezra Klein claims the “Badger State was actually in pretty good shape. It | Read More »
New York Times columnist Paul Krugman has been whining for well over a year that the $787 billion Porkulus (which was rescored by the CBO to $862 billion; plus, neither of these figures factors in the accrued interest for this spending since it’s all borrowed money, so the total will be higher) wasn’t large enough to have fixed America’s economic problems. He did again yesterday | Read More »
From the Bureau of Labor Statistics: Nonfarm payroll employment was little changed (-36,000) in February, and the unemployment rate held at 9.7 percent, the U.S. Bureau of Labor Statistics reported today. So, we lost 36,000 more jobs in February, but the unemployment rate is unchanged? I suppose that’s better than what they said in January when 20,000 additional jobs had been lost but the unemployment | Read More »
Like many Democrats, statists, and leftists, our illustrious Constitution expert law professor of a President believes the U.S. Constitution is a “living” document. In theory, this allows the 223-year old Constitution to change with the times; in practice, it undermines the Constitution as it renders as meaningless the words within it. Yesterday, Teh Won had this to say on the 1-year anniversary of Porkulus: So | Read More »
The One will be out and about to talk about Porkulus today: President Barack Obama is trumpeting a new White House estimate that his top economist calls “stunning”: His stimulus plan has already created or saved up to 2 million jobs. Here is the report from the White House. As mentioned the other day, the Obama administration has decided that projects funded through Porkulus would | Read More »
ABC’s Jake Tapper notes the administration’s mishandling of jobs figures that have come out of Porkulus: The Obama administration has taken some heat and mockery for using the nebulous and non-economic term of jobs being “saved or created” by the $787 billion stimulus program. I can understand that. Especially with all the money being funneled into non-existent Congressional districts and zip codes, along with the | Read More »
The job of “community organizer” that Barack Obama says was a key stepping stone in his political life is a nebulous position that is hard to define, especially when the left is allowed to define it. They will pull stuff out of their collective tuchus to say that Jesus Christ was the ultimate “community organizer”. But if one looks at what a “community organizer” does, | Read More »
The state of Wisconsin is all set to use the money it received from Porkulus for a “shovel-ready” project: The largest transportation project in state history will expand Interstate 94 to eight lanes between the Mitchell interchange and Kenosha County. The project is expected to last seven years. The $1.9 billion project — even bigger than the just-completed Marquette Interchange — will rebuild the entire | Read More »
Over at Huffpo, Dishonorable Congressturd Barney Frank penned a long-winded screed to slam Republicans for their “amnesia” about how they, and not Democrats, are the only ones culpable for the current financial crisis. As anyone with a brain will notice (which cancels out those from Frank’s district who keep voting for him), it is nothing more than an attempt to deflect from his own malfeasance | Read More »
Dan Riehl: Greenwald tries to shift the blame for those AIG bonuses from Dodd back to Treasury. He’s relying on this FDL post but that’s mostly half-truth, as well. Treasury didn’t simply “demand” Dodd loosen any restrictions so these bonuses could be paid. He informed Dodd his legislation was flawed and would only lead to more trouble, including expensive law suits. AIG is a Democratic | Read More »
How many remember this: (Source) Since Carter, every Democratic President and Democratic Presidential candidate has targeted the Department of Defense for major cuts in spending in order to make a claim at being fiscally responsible, even though they also want to be seen as serious about the nation’s security. Usually, like the hapless Michael Dukakis, they show themselves to be pure hypocrites and are rejected | Read More »
President Obama is scheduled to sign (or already has signed) Porkulus. Three Senate liberal Republicans, Collins, Snowe, and Specter, let it happen. But so did another key vote, Democrat Roland Burris, Obama’s tainted replacement to be the U.S. Senator from Illinois. As I had mentioned here, Burris voted for both versions that passed the Senate last week. You may ask, so what? A new twist | Read More »
A new twist has been added to the Roland Burris saga as our “illustrious” junior Illinois U.S. Senator conveeeeniently forgot to mention that he was hit up by Blago’s brother for a $10,000 campaign donation. Of course, Burris wouldn’t be a U.S. Senator if Democrats in Illinois, the U.S. Senate, and the White House hadn’t of caved on getting Burris installed by the corrupt and | Read More »
Here’s the roll, 246-183. Every Republican that voted went against it (176; 2 didn’t vote). A big thank you from me to John Boehner and Eric Cantor for lining up against this travesty, along with every other Republican (Rep. Price, Rep. Shaddeg, etc.) who presented the American people with all the ethically questionable activity by the Democrats in getting this bill passed, and for standing | Read More »
During his less-than-stellar press conference last night, President Barack Obama touched on the announcement of Tax-Evader-In-Chief Treasury Secretary Tim Geithner’s plans to get the American financial and credit systems back on track: And so tomorrow my Treasury Secretary, Tim Geithner, will be announcing some very clear and specific plans for how we are going to start loosening up credit once again. And that means having | Read More »
Not long after 9/11, President George W. Bush made famous his phrase “You’re either with us or against us in the fight against terror.” He was making those remarks towards foreign governments who were known to have had assisted Islamist terrorists, most notably Iran, Iraq, Syria, and Libya. Bush was helping to rally the country for the long fight ahead, trying to ratchet up the | Read More »
BOHICA – Bend over, here it comes again. As everyone knows, the Senate worked late last night to line up a "deal" on the Porkulus bill between three Republicans (Collins and Snowe of Maine, and Specter of Pennsylvania) and representatives of the remaining 56 Democrats and 2 Independents (Lieberman of Connecticut and Sanders of Vermont). Based on what I saw, the other 38 Republicans don’t | Read More »
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