Stimulus

White House Economists Won’t Testify on Stimulus

White House Ignores Interest Payments in Claiming to Control Debt

Calif gov. freezes hiring, drops minimum wage suit

U.S. Economy Flight 666, On a One Way Inflation Ticket To Zimbabwe Part2

Gas pump prices highest ever for this time of year

Major Food Distributor Sysco: “Immediate Volatile Prices, Expected Limited Availability, and Mediocre Quality at Best”

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Obama’s Commission’s Plan: Huge Tax Hikes

Liberal Democrats urge Pelosi to stand firm in debate over tax cuts

Debt Commission: Baby Boomers Will ‘Crush the System’

Wow — Check Out How Blatantly Our Government Misled Us With The October Jobs Numbers!

Means To An End To Big Spending

Earmark Ban Shootout in the Senate

McConnell Flips: Top GOP Sen Will Now Support Earmarks Ban

Senator DeMint: ‘I Am a Recovering Earmarker’

Romney to support earmark ban

Watch the Amazing Fed Turn a Dollar into a Dime!

QE2: Not A Luxurious Ocean Liner

China’s ‘State Capitalism’ Sparks a Global Backlash

Secret Walmart Survey Shows Inflation Already Here

Stimulus Audit: Taxpayers Paid $27 Per Light Bulb?

QE2: Last Rites for the World’s “Reserve Currency”

The Death Of The Dollar? 11 Signs That We Could Be On The Verge Of A Global Currency Crisis

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US poverty on track to post record gain in 2009

Election-Eve Stimulus

CBO Predicts U.S. Debt Crisis If Deficits Are Not Controlled

Obama’s Desperate Search for Effective Stimulus

Obama Tax Hikes Defended by Myths and Straw Man Arguments: Summary

‘Green’ jobs no longer golden in stimulus

White House Warns Insurers Against Rate Hikes

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120 Days to Go Until the Largest Tax Hikes in History

Jobless Rate Climbs to 9.6 Percent as More Americans Seek Work

Fed buys $900 million in Treasury buyback

Gold Rallying to $1,500 as Soros’s Bubble Inflates

Stimulus? Who Said Anything About a Stimulus?

White House considering emergency economic stimuli

Another Unhappy Labor Day

The Audacity of Failure

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Republican Ways and Means

7 Months After Stimulus 49 of 50 States Have Lost Jobs
America Now Over 6 Million Jobs Shy of Administration’s Projections

Washington, Oct 21 -

The table below compares the White House’s February 2009 projection of the number of jobs that would be created by the 2009 stimulus law (through the end of 2010) with the actual change in state payroll employment through September 2009 (the latest figures available). According to the data, 49 States and the District of Columbia have lost jobs since stimulus was enacted. Only North Dakota has seen net job creation following the February 2009 stimulus. While President Obama claimed the result of his stimulus bill would be the creation of 3.5 million jobs, the Nation has already lost a total of 2.7 million – a difference of 6.2 million jobs. To see how stimulus has failed your state, see the table below.

after_stimulus_job_loss

Source:
http://www.republicans.waysandmeans.house.gov

COMMITTEE ON OVERSIGHT AND GOVERNMENT REFORM
http://republicans.oversight.house.gov

U.S. House of Representatives
News Release

Issa to Emanuel: Back Off!

August 4, 2009

WASHINGTON. D.C. – Following reports that White House Chief of Staff Rahm Emanuel has been orchestrating an effort to intimidate members of Congress and Governors who raise legitimate concerns regarding the effectiveness of the stimulus, House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) sent a letter to Emanuel saying “While this type of scare tactic may work In Chicago, it will not work to intimidate me or other Members of the United States Congress.”

“I and others have dared to bring these facts to the attention of President Obama, the Congress and the American people,” Issa wrote. “You’ve unfortunately reacted by once again resorting to the playbook of the Chicago political machine.”

Last month, Politico reported that Emanuel had “launched a coordinated effort to jam” Senator Kyl and other Administration critics… “[A]fter seeing Kyl and House Minority Whip Eric Cantor (R-VA) again paint the legislation as a failure on Sunday talk shows, White House chief of staff Rahm Emanuel directed that the letters from the Cabinet secretaries be sent to [Governor] Brewer, according to two administration officials.”

Issa noted, “The fact that the letters were coordinated by you to maximize the level of intimidation is supported by the timing, structure, and content of each letter. Not only were the four letters all sent the day following Senator Kyl’s remarks, but they were also remarkably similar in tone and sentence structure.”

Letter from Ray LaHood, Secretary of Transportation:

On Sunday, Arizona Senator Jon Kyl publicly questioned whether the stimulus is working and stated that he wants to cancel projects that aren’t presently underway. I believe the stimulus has been very effective in creating job opportunities throughout the country. However, if you prefer to forfeit the money we are making available to your state, as Senator Kyl suggests, please let me know [emphasis added].

Letter from Ken Salazar, Secretary of the Interior:

Some key Republican leaders in Congress have publicly questioned whether the American Recovery and Reinvestment Act is working and suggested cancelling all projects that are not currently in progress. I believe they are wrong. The stimulus funds provided through the Recovery Act are a very effective way to create job opportunities throughout the Country. However, if you prefer to forfeit the money we are making available to Arizona, please let me know [emphasis added].

“At what point do you believe your practice of Chicago-style politics violates a public official’s right to speak out in favor of alternative policies,” Issa asks. “The American people have a right to know what role you played in developing the threatening letters to Governor Brewer and whether you intend to continue to engage in these tactics in the future.”

In order to assist the Committee with its investigation of this issue, please provide the following information by close of business on Tuesday, August 11, 2009:

1. Your response to Politico’s report that “White House chief of staff Rahm Emanuel directed that the letters from the Cabinet secretaries be sent to [Governor] Brewer, according to two administration officials.”

2. A full and complete explanation of the development of the four July 13 letters from the cabinet secretaries to Governor Brewer, including but not limited to the role you or any other White House official played in writing the letters or encouraging the writing of the letters.

3. All records and communications between you and Secretary LaHood, Secretary Salazar, Secretary Donovan, and Secretary Vilsack referring or relating to the decision to send the July 13 letters to Governor Brewer.

4. A full and complete explanation of the role of the Democratic National Committee and the White House Office of Political Affairs in authoring, encouraging, facilitating, or directing the four July 13 letters from the cabinet secretaries to Governor Brewer.

You can view a copy of the full letter to Emanuel by clicking here.

I asked my father what his parents had told him about their tough times during the Great Depression:

This is what he shared with me:

They lived on the farm during the Great Depression near Palestine Texas. Mom’s teen years occurred during that crisis. Their family was, of course, very poor. They had only one cow and depended upon her to provide milk for the entire family. President Franklin Roosevelt’s “stimulus plan” included sending a team to the Potter farm to shoot their one cow and burn the meat, so that it could not be eaten.

I suppose it was a well-intentioned plan designed to “stimulate” spending and consumption, to force this little family to go out and purchase milk and meat at the store. In reality, all it stimulated was hunger and a deep resentment of government stupidity and cruelty and President Roosevelt personally. My mom just plain didn’t like the President and was fond of making sure everyone she knew understood why. Let’s pray all the well intentioned “stimuli” our benevolent government is throwing around today hits the mark a bit better.

Because of her experience as a teen, my grandmother went on to participate in the battle to establish a two-party system in Texas. Up until about the 1960s (I’m estimating here) Texans could only vote for Democrats because only Democrats ran (sound familiar? big grin ).

What are your stories of dealing with Tough Times?  We’d like to hear them.