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Obama: Give economy $50 billion boost
CNN Money ^ | June 9, 2008 | Jeanne Sahadi

Posted on 06/09/2008 9:07:47 PM PDT by writer33

NEW YORK (CNNMoney.com) -- On the first day of what is to be a two-week economic tour around the country, Barack Obama said Monday that lawmakers should inject another $50 billion immediately into the sluggish U.S. economy.

The presumptive Democratic presidential nominee cited the largest monthly increase in the unemployment rate in over 20 years, and record highs in oil prices, food prices and foreclosures.

(Excerpt) Read more at money.cnn.com ...


TOPICS: Business/Economy; Constitution/Conservatism; News/Current Events; Politics/Elections
KEYWORDS: 2008; obama; pandering
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To: Lancey Howard
Well, I daresay thgat summary execution of a couple of thousand of the econazi crowd **might** just give the economy a $50 billion boost...sort of after the fact, as it were.

Oh, rats! Osamabama's not proposing that, is he? My bad.

41 posted on 06/10/2008 12:18:08 AM PDT by SAJ
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To: writer33

Sounds like a left-handed tax cut. Is Obama running to be Bush III? lol


42 posted on 06/10/2008 1:34:35 AM PDT by TigersEye (Berlin 1936. Olympics for murdering regimes. Beijing 2008.)
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To: rabscuttle385

“Every one of my friends in the Engineering School had multiple offers from different employers. Every one of them is earning over $60K plus benefits.”

That’s great news. Love to hear it. Perhaps, and with any luck more students will choose Engineering in this country to reduce, or stop entirely the headhunting for Engineers in India, Asia, and other foreign countries prevelant over the last fifteen or twenty years.

Meanwhile the other students not choosing that high demand Engineering career are out there looking for work, thus pumping up the unemployed American numbers as they always do this time of year. I’m not saying that in itself is a bad thing, just that the Leftist Barry O’s types are using the annual event to claim in their campaigns that Bush’s tax cut economy is a failure, and raising everyones taxes through the roof is what will correct the problem.

It’s BS.


43 posted on 06/10/2008 4:05:05 AM PDT by rockinqsranch (Dems, Libs, Socialists...call 'em what you will...They ALL have fairies livin' in their trees.)
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To: writer33
cited the largest monthly increase in the unemployment rate in over 20 years

School is out, for crying out loud. Of course there are oodles of job seekers.

44 posted on 06/10/2008 4:23:43 AM PDT by Lion Den Dan
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To: writer33

Osama wants a $50 billion TAX CUT??? Give back our taxes?? WOW!!! We got our little government donation of our tax money paid, back yesterday. We plan to fill up the gas tanks of both vehicles and maybe go out to a burger joint and eat out on the remainder of the $1500!


45 posted on 06/10/2008 4:26:31 AM PDT by RetiredArmy (America has lost its mind, its way, its soul, its faith, its religion. The end is near for the USA.)
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To: writer33

And pay for it how?


46 posted on 06/10/2008 4:27:28 AM PDT by Non-Sequitur
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To: MtnClimber
We will get our own money back, 25 cents on the dollar after govt takes their cut.

Yup. WE get back our already paid in tax money, they then tax us again on it next tax time. So you wind up paying taxes on that tax twice.

47 posted on 06/10/2008 4:27:48 AM PDT by RetiredArmy (America has lost its mind, its way, its soul, its faith, its religion. The end is near for the USA.)
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To: Lion Den Dan
School is out, for crying out loud. Of course there are oodles of job seekers.

Look at the past 10 years and there is no similar increase in unemployment between April and May. I'm not sure why there was the sudden jump but school being out wasn't the reason.

48 posted on 06/10/2008 4:29:19 AM PDT by Non-Sequitur
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To: Clemenza
“Any government that robs Peter to pay Paul can always count on the support of Paul.” -— William F. Buckley

George Bernard Shaw actually.

49 posted on 06/10/2008 4:30:47 AM PDT by Non-Sequitur
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To: writer33

Buying the votes of people who shouldn’t vote. It is just the modern day equivalent of bread and circuses.


50 posted on 06/10/2008 4:32:18 AM PDT by Little Ray (I'm a Conservative. But I can vote for John McCain. If I have to. I guess.)
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To: Army Air Corps

Not to you, to the “less fortunate.”


51 posted on 06/10/2008 4:32:56 AM PDT by Little Ray (I'm a Conservative. But I can vote for John McCain. If I have to. I guess.)
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To: writer33

All the rich people in the country don’t have enough money collectively to pay for Obomba’s vote buying schemes.

But I will gladly empty out my accounts and send everything to Obomba, because I just want to help.


52 posted on 06/10/2008 4:37:34 AM PDT by Fresh Wind (Tom Manion '08-My only reason for voting this year)
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To: AdmSmith; Berosus; Convert from ECUSA; dervish; Ernest_at_the_Beach; Fred Nerks; george76; ...

Obama says he would impose oil windfall profits tax
Yahoo
Posted on 06/09/2008 10:50:12 AM PDT by Sub-Driver
http://www.freerepublic.com/focus/f-news/2028390/posts


53 posted on 06/16/2008 9:12:50 PM PDT by SunkenCiv (https://secure.freerepublic.com/donate/_________________________Profile updated Friday, May 30, 2008)
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