http://www.autoblog.com/2011/09/26/tesla-reportedly-asks-for-another-loan-from-the-feds/
Geithner really is an idiot. Of course, so are the American people who voted for Obama.
Are you sure this isn’t a parody? John Semmens has punked ABC News?
Can you imagine if the FedGov tried to run a McDonalds? There would be minimum wage employees that cost taxpayers $200,000 a year. There would be dozens of bureaucrats for every location and the top officials would make up to $500,000. They would never make a profit and they would accept food stamps of course.
How out of touch can these ass clowns I’n D C get?
Give me $50,000, and I’ll start a Cat D car repair business, hire two people and double the money in a year.
“...Obama’s American Jobs Act would cost taxpayers about $200,000.”
The $200,000+ per job created is the best spin put on it. The real cost will be much more. A rational leader would do nothing other than taking off the nonsense regulations and get out of the way of the private business sector. The magic of capitalism would create wealth, spur investments in products and production and put many more Americans back to work than any big government program.
What kind of insanity is it when you pay $200,000 dollars to create one job that pays $50,000 dollars, and the job will probably run out in a year.
Somebody in Government is sh1tsimple.
Timmy needs to crack a history book-and preferably one NOT vetted by Harvard.....
Warren Harding figured it out in 1920...
Congress and the Executive Branch have lots to do.
So far they’re not doin’ it right..
Harding cut the government’s budget nearly in half between 1920 and 1922. The rest of Harding’s approach was equally laissez-faire. Tax rates were slashed for all income groups. The national debt was reduced by one-third. The Federal Reserve’s activity, moreover, was hardly noticeable. As one economic historian puts it, “Despite the severity of the contraction, the Fed did not move to use its powers to turn the money supply around and fight the contraction.” 2 By the late summer of 1921, signs of recovery were already visible. The following year, unemployment was back down to 6.7 percent and was only 2.4 percent by 1923.
http://www.firstprinciplesjournal.com/articles.aspx?article=1319&loc=r
BTW..ole Warren ALSO fixed immigration...
Mr. Harding signed into law the Emergency Quota Act[3] which sought to control immigration following World War I and preserve the distinctive American culture by ensuring the majority of immigrants came from the historically compatible cultures of Northern Europe. This law aimed to bring wages of hard working Americans under control by limiting immigration to 3% of the 1910 census. It was followed on by a similar act in 1924, after Mr. Harding’s death.[4]
A Warren Harding prescription...if filled ...would ignite the afterburners on the US job machine and the economy. However DC would have to yield on a tremendous amount of power. Our job as We the People...is to persuade them of the “utility” ..shall we say..of doing so. In all probability the same minds that made the mess...aren’t capable of the solution however.
BTW any takers that ‘Bammy couldn’t even tell you that Warren Harding was one of his predecessors in office?
Even more telling about what our betters in the RinoCracy think of a Constitutional President..
http://www.usnews.com/listings/worst-presidents/warren-harding