Posted on 03/10/2009 11:37:53 PM PDT by Aussie Dasher
House Speaker Nancy Pelosi said Tuesday that Congress needs to "keep the door open" to a another stimulus package -- raising the question of how much the government could eventually spend on top of the $787 billion already allocated to rescue the country from dire economic straits.
"The word of the day is confidence. Confidence in our markets, confidence in lending, confidence in our financial institutions," Pelosi said before suggesting the need for another rescue package during a press conference Tuesday following a meeting with top economists.
Mark Zandi, chief economist and founder of Moody's Economy, took a more definitive stance than Pelosi, telling reporters a second stimulus bill is necessary.
"We are going to need more taxpayer money ... I think another stimulus package is a reasonable assumption because of the way things are going," Zandi said.
The Obama administration has not ruled out supporting a second stimulus package -- should the current bill prove insufficient -- but it has not indicated a second bill is currently in the making either. President Bush and Congress also agreed to a smaller stimulus package last year.
White House Press Secretary Robert Gibbs told reporters on Feb. 17 that Obama "is going to do what's necessary to grow this economy." While "there are no particular plans at this point for a second stimulus package," he added, "I wouldn't foreclose it."
(Excerpt) Read more at foxnews.com ...
“And then we all held hands in the White House and sang Kumbiyah, (or the Bolshevik Revolution Fight Song) and the Green Fairy came and gave us more money to spend. And then we had warm milk and cookies, and took a nap.”
These people would be funny if they weren't destroying the country.
Not as long as they have jets and one hundred dollar a pound beef on our nickel. You should read "Mask Of The Red Death" by Edgar Alan Poe. It will put things into perspective.
What Obama supporters where consuming when they voted for him.
If I was liberal, you would see a bill from my doctor.
Maybe she means a stimulus package for her private plane.
Please don't sue me. I can't afford it. Glad you got a laugh. We all need it.
What’s the bets on the national debt next January 20th? Or on January 20th of 2012? I’d bet $20 trillion in four years.
Are you trying to cheer us up? It isn't working.
Since you don’t have any money, I will hang up on John Edwards now.
Thanks for the laugh!
Ok. We really really need the “Just Say No to Nancy” campaign to begin.
She could be the figurehead for all that’s wrong-headed, and a fine one she is: elitist, clueless, snobbish liberal.
A campaign for the house that nationalize saying no to Nancy - “no more votes in Congress for the San Francisco liberal that’s ruining our country..”
Bell the cat, the mad liberal in charge of spending. I’m convinced it would win big.
He might be able to channel some out of me. Don't give up just yet.
They must have seen the 300+ point rise and panicked .... so they send Pelosi out with this to cause another mini crash with MORE government taxation and deficit spending.
I bet there are some Washington insiders making a KILLING on shorting parts of the market.
The bell is on the cat. Not enough mice are paying attention.
I would never go against you on that that one. That would be a sure loser and I don't gamble.
Poll: 77% of Americans Blame Media for Making Economic Crisis Worse
http://www.breitbart.com/article.php?id=prnw.20090101.LATH004&show_article=1
“”The word of the day is confidence. Confidence in our markets, confidence in lending, confidence in our financial institutions,” Pelosi said before suggesting the need for another rescue package during a press conference Tuesday following a meeting with top economists.”
If Bambi’s peeps talked ab out confidence back in January, we 1) wouldn’t need a stimulus package and 2) the market wouldn’t have tanked.
Obama’s administration and the congress betrayed our country, they played on our fears!!!! (Thank you Al Gore)
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