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Obama warns of need for stimulus bill right away
Associated Press ^ | 02/05/2009 | David Espo

Posted on 02/05/2009 11:32:29 AM PST by princess leah

Edited on 02/05/2009 12:15:33 PM PST by Admin Moderator. [history]

AFP

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Breaking News; Business/Economy; Politics/Elections
KEYWORDS: demosocialist; firsthundreddays; obama; obamaeconomy; obamafailure; obamawarns; socialistagenda; stimulus
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To: princess leah

Is anyone still under the delusion that this duffus knows anything about economics? Yes, I forgot ...33% believe the”stimulus” package will create jobs.


21 posted on 02/05/2009 11:41:50 AM PST by Huskrrrr
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To: princess leah

Wow. An “irreversible” recession. The sky is falling. He starting to sound like a child, stamping his foot.

I’m in business. I think I’ll take my chances on an “irreversible” recession rather than enslave my children and grandchildren to irreversible debt.


22 posted on 02/05/2009 11:41:53 AM PST by keepitreal (Obama brings change: an international crisis (terrorism) within 6 months)
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To: princess leah

23 posted on 02/05/2009 11:43:22 AM PST by Lucky9teen (I TOLD YA SO...More and more headlines start off with "President Obama has made a major mistake ...")
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To: princess leah

Idle industries have cast workers into unemployment, human misery, and personal indignity. Those who do work are denied a fair return for their labor by a tax system which penalizes successful achievement and keeps us from maintaining full productivity.

But great as our tax burden is, it has not kept pace with public spending. For decades we have piled deficit upon deficit, mortgaging our future and our children’s future for the temporary convenience of the present. To continue this long trend is to guarantee tremendous social, cultural, political, and economic upheavals.

You and I, as individuals, can, by borrowing, live beyond our means, but for only a limited period of time. Why, then, should we think that collectively, as a nation, we’re not bound by that same limitation? We must act today in order to preserve tomorrow. And let there be no misunderstanding: We are going to begin to act, beginning today.

The economic ills we suffer have come upon us over several decades. They will not go away in days, weeks, or months, but they will go away. They will go away because we as Americans have the capacity now, as we’ve had in the past, to do whatever needs to be done to preserve this last and greatest bastion of freedom.

In this present crisis, government is not the solution to our problem; government is the problem. From time to time we’ve been tempted to believe that society has become too complex to be managed by self-rule, that government by an elite group is superior to government for, by, and of the people. Well, if no one among us is capable of governing himself, then who among us has the capacity to govern someone else? All of us together, in and out of government, must bear the burden. The solutions we seek must be equitable, with no one group singled out to pay a higher price.

We hear much of special interest groups. Well, our concern must be for a special interest group that has been too long neglected. It knows no sectional boundaries or ethnic and racial divisions, and it crosses political party lines. It is made up of men and women who raise our food, patrol our streets, man our mines and factories, teach our children, keep our homes, and heal us when we’re sick—professionals, industrialists, shopkeepers, clerks, cabbies, and truck drivers. They are, in short, “we the people,” this breed called Americans.

Well, this administration’s objective will be a healthy, vigorous, growing economy that provides equal opportunities for all Americans, with no barriers born of bigotry or discrimination. Putting America back to work means putting all Americans back to work. Ending inflation means freeing all Americans from the terror of runaway living costs. All must share in the productive work of this “new beginning,” and all must share in the bounty of a revived economy. With the idealism and fair play which are the core of our system and our strength, we can have a strong and prosperous America, at peace with itself and the world.

So, as we begin, let us take inventory. We are a nation that has a government—not the other way around. And this makes us special among the nations of the Earth. Our government has no power except that granted it by the people. It is time to check and reverse the growth of government, which shows signs of having grown beyond the consent of the governed.

It is my intention to curb the size and influence of the federal establishment and to demand recognition of the distinction between the powers granted to the federal government and those reserved to the states or to the people. All of us need to be reminded that the federal government did not create the states; the states created the federal government.

Now, so there will be no misunderstanding, it’s not my intention to do away with government. It is rather to make it work—work with us, not over us; to stand by our side, not ride on our back. Government can and must provide opportunity, not smother it; foster productivity, not stifle it.

If we look to the answer as to why for so many years we achieved so much, prospered as no other people on earth, it was because here in this land we unleashed the energy and individual genius of man to a greater extent than has ever been done before. Freedom and the dignity of the individual have been more available and assured here than in any other place on earth. The price for this freedom at times has been high, but we have never been unwilling to pay the price.

It is no coincidence that our present troubles parallel and are proportionate to the intervention and intrusion in our lives that result from unnecessary and excessive growth of government. It is time for us to realize that we’re too great a nation to limit ourselves to small dreams. We’re not, as some would have us believe, doomed to an inevitable decline. I do not believe in a fate that will fall on us no matter what we do. I do believe in a fate that will fall on us if we do nothing. So, with all the creative energy at our command, let us begin an era of national renewal. Let us renew our determination, our courage, and our strength. And let us renew our faith and our hope.

~~Ronald Reagan (cleaning up after a previous liberal created economic crisis)


24 posted on 02/05/2009 11:44:07 AM PST by Jim Robinson
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To: princess leah
how about:

American public warms Obama: Failure to stop spending, and drastically cut previous government spending, reduce taxes and eliminate costly enviromental and other regulations that anti- human and anti Capitalism enviro-mentalist and Marxist Lobby groups have imposed through their Democrat accomplices on the nation will force it into a deprssion 10x worse than the 30's, and spark  massive riots and a revolution by the people to retake the government from corrupt Marxist traitors and world government sell outs that are trying to strip the people of it's freedoms and country.

25 posted on 02/05/2009 11:44:15 AM PST by Nathan Zachary
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To: princess leah
He could have just said....I will eliminate capital gains taxes for the next two years...and I will reduce corporate taxes by 1/2....and money from all over the world would roll in...to invest in American Companies.

And to top it off.....the Feds would bring in MORE $$$....

But that's too simple...........

26 posted on 02/05/2009 11:45:30 AM PST by Osage Orange (Obama,,,,,,,,,Chains We Can Believe In)
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To: princess leah

“hope and change or you’ll be very sorry you losers”


27 posted on 02/05/2009 11:49:31 AM PST by GeronL (Had the flu. Not well yet.)
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To: princess leah

Yes, Glenn Beck was all over it this morning, and will likely be so again today on FNC at 5pm:
http://www.glennbeck.com/content/articles/article/198/21108/


28 posted on 02/05/2009 11:51:48 AM PST by DTogo (I haven't left the GOP, the GOP left me.)
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To: Osage Orange

http://www.youtube.com/watch?v=Mj0JAfq4esk


29 posted on 02/05/2009 11:51:48 AM PST by shielagolden
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To: jersey117

It is hard to believe that it was only a little over two weeks ago that we were told that the era of fear was over. What a difference a couple of “bad” days make.


30 posted on 02/05/2009 11:52:08 AM PST by Hildy
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To: princess leah

OMG!!!!!!!!!!! irreverisable!! what will happen??? OBAMAMA, YOU ARE WRONG, as usual


31 posted on 02/05/2009 11:52:40 AM PST by peace with honor
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To: princess leah
Obambi is ratcheting it up toward panic mode.

I wonder if he's one of those emasculated liberal feminazi men who get emotional and cry.

32 posted on 02/05/2009 11:53:17 AM PST by xtinct ("There's a sucker born every minute." P.T. Barnum)
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To: shielagolden
The stimulus is socialism...ON STEROIDS!
33 posted on 02/05/2009 11:53:46 AM PST by goodnesswins (Tell the truth - GOEBBELIZATION (propaganda) is what many voters suffer from.....)
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To: princess leah

34 posted on 02/05/2009 11:56:58 AM PST by TSgt (Extreme vitriol and rancorous replies served daily. - Mike W USAF)
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To: princess leah
and:

American Public warns Obama:
Second Amendment isn't just about gun ownership; it's about the right and duty of the American people to remove, through force if nessecary,  governments who have become corrupt and no longer listen to the will of the people, and conduct the nation their nation;s business accordingly. The  right and duty of the people, through force if nessesary by a well armed militia of American citizens to purge a corrupt and traitorous government from power, which has conspired to strip the people of it's freedom and soveriegnty of their nation and destroy the constitution on which is stands, a clear and purposeful violation of their oath of office.

35 posted on 02/05/2009 11:57:52 AM PST by Nathan Zachary
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To: princess leah

I don’t know if anyone was watching that Gibbs presser, but it was another embarrassment. The lies are so apparent.

It is hard for this guy to make a case for ripping off the American people.

We have a very crooked and weak government now. We are all in grave danger.


36 posted on 02/05/2009 11:59:23 AM PST by dforest (life is now good again....he has been inaugurated)
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To: jersey117
I believe Obama called this fear mongering during the campaign.

I the words of the great politician, Al Gore, "HE BETRAYED THIS COUNTRY, HE PLAYED ON OUR FEARS!!!!!"

37 posted on 02/05/2009 11:59:36 AM PST by Turbo Pig (...to close with and destroy the enemy...)
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To: princess leah

Porkulus must die!


38 posted on 02/05/2009 12:00:54 PM PST by Travis McGee (www.EnemiesForeignAndDomestic.com)
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To: Travis McGee

Yeah right. He took it out with his daisy air pistol, huh? LoL!
No photoshop work on that pic. Must be a tremendously strong kid too, to have picked up that feral boars head and put it on that log.


39 posted on 02/05/2009 12:06:15 PM PST by Nathan Zachary
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To: Nathan Zachary

I like your post! I’m in the mood for a riot about now, anyone else?


40 posted on 02/05/2009 12:08:28 PM PST by austinaero ((More Bark, Less Wag))
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