Category Archives: Economy

Another Stimulus

Just wait now. This is a result of the ‘compromise’ on the tax cut issue and the 99ers (soon to be renamed).

From the article:

The amount of money pumped into the ailing economy: about $900 billion over years.

Subtract the $400 billion cost of the Bush tax cuts. Subtract another $140 billion or so, which is the cost of extending the Alternative Minimum Tax patch (and almost certainly would have happened regardless). You’re then left with more than $300 billion in net stimulus over two years.

Belt Tightening

Not at all, apparently. Nope, no “freeze” of pay if they get raises or ‘step increases’, right?

That belt the POTUS got that was fixed with 12 stitches must have loosened his logic, what say?

Wait, he still needs their votes come two years from now, right?

Truly an AHA moment. Not a funny AHA, but a Eureka moment.

So It’s Going To Be His Fault

Report: Obama Threatens To Veto Compromise Deal on Bush Tax Cuts If Extension of Unemployment Benefits is Not Included

So much for being “open to compromise”, eh, POTUS?

Well Then Why Didn’t You?

We could have let economy fall and been in majority for 40 years

Sure, hindsight being 20/20 and all. Riiiight.

Twits. You knew nothing of the consequences then, you still know nothing of the consequences now.

UPDATE: DANGER MORE JOBS TO BE LOST

Drilling moratorium may prove to be an industry killer.

And that’s not all. How about the rest of us, being held hostage by other countries – drilling off our own shores?

UPDATE: As I suspected.

REPUBLICAN SENATORS BLOCKED DEMOCRAT’S TAX HIKES

WASHINGTON (AP) – Senate Republicans blocked legislation Saturday to let upper-income tax cuts expire on Jan. 1, a showdown scripted by Democrats eager to showcase GOP lawmakers as defenders of millionaires.

“Do we want to extend those tax breaks for millionaires and billionaires at a time of huge deficits. I would argue vociferously we shouldn’t,” said Sen. Chuck Schumer, D-N.Y., shortly before the votes.

Republicans countered that no taxes should be raised at a time the economy is recovering from a recession. “It is the most astounding theory I have ever seen, raise taxes to create jobs,” said Sen. John Thune of South Dakota.

Both measures would have extended expiring cuts for the middle class.

Ironically, the votes were widely seen as a prelude to a possible agreement next week between the White House and congressional leaders on legislation that would avert tax increases at all income levels, as Republicans want.

MORE

UPDATEx2: Dream Act Will Not Die

UPDATEx2: Again, Michelle Malkin brings to our attention tomorrow’s likely nightmare vote (aka, DREAM Act).
I URGE YOU TO READ THROUGH IT. Especially interesting is the ist of ‘misdemeanors’ this DREAM Act will erase.
A few:
Examples of misdemeanors in California:
(1) Assault, CPC § 240
(2) Battery, CPC § 242
(3) Domestic Violence, CPC § 273.5
(4) Criminal Threats/Harassment, CPC § 244
(5) Reckless driving, CVC § 23103
(6) Possession of Firearms, CPC § 12020


An excellent status update by Michelle Malkin.

Be sure to remember those that vote for this – and vote them out come 2011 or 2013.

UPDATE: The cost of this DREAM Act is estimated to be near $6.2B.

DHS-ICE Seizes Domain Names?

Huh? Pray tell, exactly how does this fall under their jurisdiction?

I’m cornfused. So our physical security and well being is in danger now because our enemies can hurt us through internet web page names?????

And these seizures can be done without due process?

This absolutely stinks to high heaven of a police state. Along with idiocy raised to heights unknown. Until now.

How do you explain this one, Jammit Napolitano? Because your feet aren’t even on the ground.

Illegal Alien Amnesty By Legislative Fiat

As best told by Michelle Malkin.

And guess who the latest sponsor of a deportation waiver is?

California Democrat Sen. Dianne Feinstein.

Now isn’t she just special?

At Long Last Brutal Honesty

And it is way past due.

From Euroskeptic MEP Nigel Farage, who made his remarks in the European Parliament.

via Power Line.

Watch the video and pay attention to the faces after Nigel’s speech.