Obama Proclaims: Stimulus Forever

It’s not actually bad for you, but that isn’t stopping the EPA from imposing more ridiculous rules, known as MACT, that will require the cement industry to invest billions in new technology over the next two years in order to improve air quality.

Hey: We may not have jobs, but take a deep breath. Can't you breath easier knowing that you'll breath easier in the unemployment line now that Obama's extending the dole?

All this as Obama calls on Congress to give him more money to create more unionized government workers, more buildings to house them, more unionized workers to build bridges to ANYWHERE.

I don't know about you, but the streets in my town don't need another layer of asphalt. It didn't work out so great the last time we tried this.

What we need is for government to stop genuflecting to enviros and unions while kneeling on the backs of Main Street and industry.

The cement industry is just another victim in Obama’s serial job-killing spree that includes banking, investment, construction, home building, energy, defense and autos. At least we still have a thriving green job industry that requires billions in federal subsidies.

Ok. Maybe not thriving, by they do require the subsidies. Hence Obama's brave call for more spending to support failing industries and government in the guise of job creation.

Obama’s top job-assassins at the EPA plan on killing another 25,000 current jobs in the cement industry- you know, jobs employing real people who have kids and up-to-date mortgages and don’t need food stamps or unemployment or subsidies- even while Obama is calling for $450 billion in new federal spending to create new government jobs to replace the old private sector jobs he killed.

With plans like this, we could be spending federal stimulus money f-o-r-e-v-e-r.

Estimates for complying with the new cement mandates, according to the EPA and the House Energy Committee, are between $2.5 and $3.5 billion 2013 for an industry that generates $6.5 billion in sales annually.

It didn’t work because the government really sucks at making investment choices for the rest of us- see Security, Social for an example. All governments suck at it- see Greece, France, Italy, Portugal, etc. Asking the government to make investment decisions for the economy is like asking an alcoholic to make up a wine menu at a rehab facility.

It’s just something that common sense tells you shouldn’t be done. Of course that presupposes one possesses common sense in the first place.

Maybe that’s why Obama’s so bad at investment choices. Obama’s spending money on investments in more stuff that doesn’t work with one hand- see energy, solar- while he’s killing jobs with regulations that don’t work in the other- see cement.

In one of the signs that Obama may have more trouble inside his own party than with the loyal opposition heading in to the 'Ought-Twelve election cycle, Democrats and Republicans are teaming up for an 11^th hour effort to stop the EPA from putting the sea-ment shoes on the cement industry.

The House Energy Panel is currently holding hearings on a bill designed to preserve jobs and manufacturing capacity for cement manufacturers impacted by new regulatory clutter imposed by Obama’s EPA.

Known as the Sullivan bill after prime sponsor Rep John Sullivan (R-OK), the bill seeks to prevent more jobs from fleeing overseas. It's designed to rein in the regulatory and financial burdens that Obama has put on private industry as the economy teeters on the brink of a double-secret depression.

“The President is talking about jobs tonight and I want to be clear - this bill is jobs,” said Sullivan yesterday in hearings on the bill. “If the EPA rules go into effect – nearly 20,000 jobs will be lost due to plant closures and inflated construction costs.”

Sullivan says that the EPA’s current rules threaten to shut down 20 percent of the nation’s cement manufacturing plants in the next two years, sending thousands of jobs permanently overseas and driving up cement and construction costs across the country.

The bill is sponsored jointly by both Republicans and Democrats including Reps. John Sullivan(R-OK) and Mike Ross (D-AR), together with Adam Kinzinger (R-IL), Bob Latta (R-Ohio), Greg Walden (R-OR), Joe Barton (R-TX), John Carter (R-TX), Charles Dent (R-PA), Dan Boren (D-OK), and Jason Altmire (D-PA).

After the president's speech last night Sullivan said "I am glad the President is bringing his ideas to the table, but American people are tired of speeches and costly stimulus bills that fail to create jobs...It is my hope the President will take a long hard look at our efforts to reign in job crushing federal regulations, maximize American energy production and to pay down our massive debt – if passed by the Senate and signed by the President, these simple actions will grow our economy and create American jobs right now.”

Question:

NObama talked on Thursday night about “Infrastructure repairs & rebuilding”. Roads-—Bridges....

All the major roads I know about have CEMENT & so do the bridges. Does he intend to IMPORT the cement products from Mexico?????

Telling the country that he wants to blow more money on roads & bridges while at the same time his EPA is trying to shut down the cement plants doesn’t square.

Am I missing something??

I know he is desperately in a pattern of getting himself re-elected so he can do 4 more years of damage to this country & he & Boxcar Butt can continue to fly all over the world in 2 or 3 different airplanes to the same destination in the same time period.

A little accounting exercise:

News on TV today says that the ‘payroll cuts’ will put $175 BILLION into the economy. They are NOT clear if that is weekly—monthly—quarterly—or annually. Where one is talking about payroll deductions—the timeline is critical.

Anyway—EVERY single dollar that “goes into the economy” comes out of Social Security funds, which puts SS into severe jeopardy. Sharron Angle campaigned against Dirty Harry Reid & kept saying that SS would be out of money before 2020. Smooth talking Reid kept saying SS was solvent until the min 2030’s & ‘Then we will tweak it a little”. I guess this is the Democrats “tweak”.

As a life-long bookkeeper, I think Angle was right—& that was before the giant sucking sound of lowering the mandatory deductions.

BTW- changing the software every few months is also a problem for companies, as well as the software suppliers.

Younger people are also NOT seeing that every dollar they don’t pay into SS now REDUCES their benefits in the future. Your earnings & YOUR CONTRIBUTIONS are all calculated when they hand you back your benefits.

SOC SEC NEVER was a fund with money set aside & not touched by the politicians. Perry is right when he says it is a giant Ponzi scheme. The current new employees coming into the work force are paying for the Social Security myself & others collect. What I paid in for over 45 years was spent years ago, by a system that never set that money aside & kept it growing for future benefits.

No one ever talks about the fact that a person who paid into the system for 45 years, regardless of their earnings, & then doesn’t live until they are 62 or 65-66-67 whatever NEVER get back what they put into the system. Perhaps there are lower survivor benefits for some members of that family, thousands of dollars are kept by the Feds.

The big push against Socsial Security is the money that is paid to ‘Disabled” people who have never put any real money into the system. 30 & 28 years old & collecting $800 a month ‘because they are so FAT that they are ‘disabled’’ is what 2 siblings who live within 2 miles of are doing. They sit & watch TV every day & have no intention of ever losing a single pound. They are leeches on the society as a whole & their 82 year old step father.

There are people who are druggies- self inflicted damage- who are collecting SS disability because ‘they cannot work’. High all the time—a menace when they are driving—but YOUR contributions to SS are paying these people to dNOT work. Got plenty of them within 20 mile radius—and so do most of you all.

PARASITES—ALL of them.

The Imposter in the Oval Office knows he is breaking the back of Social Security. When it is all busted, he will be gone to a country which will offer him & her safe harbor & they will live in exile there will the millions they have acumulated in ‘campaign funds’.

You won’t even be able to get into a soup line. Trucks will no longer be delivering food from the farms-which EPA attacks every day—& the shelves will be empty.

The Imposter also said that companies would be able to deduct immediately any & all ‘capital investments’ they make in their companies.

Since EPA is pushing billions in such investments....even IF the companies try to follow EPA rules (which change minute by minute), this full deduction in the year of the investment instead of depreciation over time will most likely put companies into a position of loss for a number of years, therefore—NONE of them are paying ANY income taxes for years to come....therefore less tax income into the general fund to run the government.

As I see it, this is the trigger for a complete downward spiral & collapse of the American capitalist system.

EXACTLY what NObama & his minions want.

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