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Obama Pledges Massive Public Works Project (The magic continues. /sarc)
ny times ^ | 12/6/2008 | PETER BAKER

Posted on 12/06/2008 5:39:53 AM PST by tobyhill

President-elect Barack Obama committed Saturday to the largest public works building program since the creation of the interstate highway system a half century ago as he seeks to put together a plan to resuscitate the reeling economy.

“We need action — and action now,” he said in an address taped for broadcast Saturday morning on radio and YouTube.

The address followed the latest grim economic report indicating the country lost 533,000 jobs in November alone, bringing the total job loss over the past year to nearly 2 million. Although Mr. Obama remains weeks away from taking office, the report ratcheted up the pressure on him to assert leadership during the interregnum before his inauguration.

Mr. Obama and his team are working with Congressional leaders to fashion a spending package that could invest hundreds of billions of dollars into the economy. A big part of that would be infrastructure projects such as building or repairing roads, bridges, schools, sewer systems and other public utilities. Democrats hope the new Congress that takes office in early January could pass such a measure in time for Mr. Obama to sign almost instantly after taking office Jan. 20.

(Excerpt) Read more at nytimes.com ...


TOPICS: Extended News; News/Current Events
KEYWORDS: newnewdeal; obama
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1 posted on 12/06/2008 5:39:53 AM PST by tobyhill
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To: tobyhill

WOOOOOHOOOOO!!!!! I new “New Deal”


2 posted on 12/06/2008 5:43:21 AM PST by Army MP Retired (There Will Be Many False Prophets)
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To: tobyhill
It is so much fun to tell a tele-solicitor for a left-leaning charity that “President 0bama will change everything, so you don't have to worry about asking for money anymore!”
3 posted on 12/06/2008 5:43:33 AM PST by SubMareener (Become a monthly donor! Free FreeRepublic.com from Quarterly FReepathons!)
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To: tobyhill
Obama is a marxist and plans to implement, with the willing help of the house and the senate, a complete command economy on these United States.

OBAMA, THE STOCK MARKET, AND ENERGY

4 posted on 12/06/2008 5:44:51 AM PST by Jeff Head (Freedom is not free...never has been, never will be. (www.dragonsfuryseries.com))
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To: tobyhill

“Where is the money coming from?” The question that no one asks.


5 posted on 12/06/2008 5:47:05 AM PST by CautiouslyHopeful
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To: tobyhill

More money down the drain....and the creation of another inefficient work force.


6 posted on 12/06/2008 5:48:10 AM PST by SumProVita (Cogito, ergo...Sum Pro Vita. (Modified DeCartes))
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To: tobyhill

Create as many permanent union gov. dem employees as possible, financed by republican small business owners. How about a non-unionized jobs program to build nukes, coal plants, and the fence?


7 posted on 12/06/2008 5:48:11 AM PST by T. Jefferson
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To: CautiouslyHopeful

Where is the money coming from? From the REAL workers and savers....


8 posted on 12/06/2008 5:49:28 AM PST by SumProVita (Cogito, ergo...Sum Pro Vita. (Modified DeCartes))
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To: CautiouslyHopeful
From the Obama Magic Money Tree. This magic tree is opposite of other trees, it only grows as more CO2 is taken from the air.
9 posted on 12/06/2008 5:50:08 AM PST by tobyhill (No Honeymoon For Obama.)
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To: tobyhill
A big part of that would be infrastructure projects such as building or repairing roads, bridges, schools, sewer systems and other public utilities.

Do you think he knows that the major part of this work force is illegals hired by dishonest contractor.

10 posted on 12/06/2008 5:51:17 AM PST by org.whodat (Conservatives don't vote for Bailouts for Super-Rich Bankers! Republicans do!)
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To: tobyhill
Before we get into FDR II, maybe we should look at how FDR I worked out. That view is best summed up by 1939 admission of FDR’s Treasury Secretary Henry Morgenthau, in which he said:
“We are spending more than we have ever spent before, and it does not work. We have never made good on our promises . . . I say after eight years of this administration we have just as much unemployment as when we started . . . And an enormous debt to boot!”
Save a lot of time, wasted money and grief for the nation ... Next!

Two points about the socialist FDR, first he raised the marginal income tax rate from 25% to 94%, as well as any other tax he could find. Two the unemployment rate was higher at the of his eight years end than it was at the beginning.

The FDR socialist new deal did nothing for America, it was all about a command and control economy, which proved a spectacular failure. Everything old and broken is now shiney new again -- And make work government jobs awalys end in the same place, the unemployment line.

11 posted on 12/06/2008 5:51:28 AM PST by Tarpon (America's first principles, freedom, liberty, market economy and self-reliance will never fail.)
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To: Jeff Head
a spending package that could invest hundreds of billions of dollars into the economy.

Genesis 3:6 And when the woman saw that the tree was good for food, and that it was pleasant to the eyes, and a tree to be desired to make one wise, she took of the fruit thereof, and did eat, and gave also unto her husband with her; and he did eat.

12 posted on 12/06/2008 5:52:05 AM PST by Ezekiel (Strange things are afoot at the Circle K.)
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To: Ezekiel

Is that a fig tree... Adam and Eve were after all in a ‘fig’ grove.


13 posted on 12/06/2008 5:53:32 AM PST by Just mythoughts (Isa.3:4 And I will give children to be their princes, and babes shall rule over them.)
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To: Ezekiel
The public largess tree...exactly!

Only someone who has given themselves over to a strong delusion...and they have in so many areas, particularly abortion and homosexuality...would think that using tax monies to create jobs is an "investment".

IT'S TIME FOR A RETURN TO THE OLD SCHOOL

EVERYONE WRITE YOUR GOP SENATORS TODAY!

14 posted on 12/06/2008 5:55:45 AM PST by Jeff Head (Freedom is not free...never has been, never will be. (www.dragonsfuryseries.com))
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To: Just mythoughts

Gov. and medicine is the only thing that grew last month. We’re paying to send his daughters to private school while he gives us jobs as a construction worker.


15 posted on 12/06/2008 5:55:58 AM PST by teacherbarbie (I would go into politics, but I like to keep my youthful looks.)
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To: org.whodat
Of course and then Obama, when called on it, will claim there's not enough American Workers for the jobs out there.
Everyone has already forgotten about the 5 million “Green” jobs Obama promised. We're already down to 2.5 million before he even takes office.

http://obama.3cdn.net/eff0ff1daa8bafe984_4yjqmv8j3.pdf

16 posted on 12/06/2008 5:57:32 AM PST by tobyhill (No Honeymoon For Obama.)
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To: CautiouslyHopeful
Who needs money when you have convict labor?

No, not murderers, rapists, thieves and drug dealers.

More like 'dissers of DUH 1'.

17 posted on 12/06/2008 5:57:40 AM PST by Smokin' Joe (How often God must weep at humans' folly.)
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To: tobyhill

How does it stimulate the economy when you take money from one taxpayer and give it to another? It’s just spreading the wealth. We need the creation of wealth to grow ourselves out of this mess, not the spreading of wealth.

Tax cuts for producers would do WAY more to stimulate the economy.


18 posted on 12/06/2008 6:01:35 AM PST by randita
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To: teacherbarbie
Gov. and medicine is the only thing that grew last month. We’re paying to send his daughters to private school while he gives us jobs as a construction worker.

Bama and company have the majority of people on their side and they will continue to believe that evil rich Ken Lay of ENRON Republicans are the cause of our economic woes.

And getting President Bush to bail out the liberals rich bankers is going to get neck-laced about President Bush more so than them accusing him of removing Saddam to get his oil.

19 posted on 12/06/2008 6:02:15 AM PST by Just mythoughts (Isa.3:4 And I will give children to be their princes, and babes shall rule over them.)
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To: Ezekiel
a spending package that could invest hundreds of billions of dollars into the economy.

By taking money from the economy, from those who know how to create wealth, and giving it to other people who didn't earn the money. That's only a loser for the economy.
20 posted on 12/06/2008 6:06:00 AM PST by aruanan
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