Posted on 02/08/2009 8:49:30 PM PST by Jim Robinson
President Obama on Saturday morning warned of a "national catastrophe" if Congress does not move quickly to pass and implement his economic-stimulus plan, praising the Senate's tentative deal on an $827 billion version of the bill.
"If we don't move swiftly to put this plan in motion, our economic crisis could become a national catastrophe. Millions of Americans will lose their jobs, their homes and their health care. Millions more will have to put their dreams on hold," Mr. Obama said in his weekly radio address.
The president, joined elsewhere Saturday by House Speaker Nancy Pelosi, continued to wage a rhetorical battle against Republicans -- only three of whom support the bill in the Senate, and none of whom voted for it in the House -- ridiculing GOP calls for more tax relief and less spending in the stimulus bill.
"Let's be clear: We can't expect relief from the tired, old theories that, in eight short years, doubled the national debt, threw our economy into a tailspin and led us into this mess in the first place," Mr. Obama said. "We can't rely on a losing formula that offers only tax cuts as the answer to all our problems."
He defended congressional Democrats' efforts to push the enormous-stimulus package through quickly, saying the bill "deserves the scrutiny that it's received over the last month," but adding that the nation "can't afford to make 'perfect' the enemy of 'the absolutely necessary.' "
A Senate vote on the stimulus proposal is expected as early as Monday after a group of moderate Democrats and Republicans, led by Sens. Ben Nelson, Nebraska Democrat, and Susan Collins, Maine Republican, agreed on trimming about $85 billion in spending and $25 billion in tax cuts from a version of the bill that had topped $930 billion.
(Excerpt) Read more at washingtontimes.com:80 ...
The only thing we have to fear is fear itself.Franklin D Roosevelt
1933 Inaugural Address
Compare that with Obama in 2009. The only thing we have is fear.
Fear and Taxes and i dont even like all that tea
This is retarded. If government spending/expanding government improved the economy than the Soviet Union would still be around and Cuba would be an economic powerhouse.
But none of the genius GOP consultants are smart enough to come up with anything any idiot could figure out. You know who really annoys me is Romney's former aide Kevin Madden. That guy is utterly useless.
Possibly the worst spokesman for the GOP since Scott McClellan.
This is Rahm Emanuel’s “never let a good crisis go to waste” strategy.
Use the fear caused by a crisis to push through your agenda without any questions..
These bastards know an opportunity when they see one.
He really seems to be stuck at about age eight emotionally. Seeing his little rant, I expected to see him threaten to hold his breath until he turns blue if Congress doesn’t give him his way.
M.O.C.K.
Mugabe, Obama, Chavez. Kim Jong Il:
The “Financial Leaders” of Our Time?
What if stimulus IS catastrophe? The real choice is between deep recession or depression. Obama is choosing to create a depression, to accelerate an economic collapse. It may be his plan.
My late Father taught me thirty some odd years ago to not listen the screaming, fatalist rants of a used-car-salesman......
I’m not buyin’ it now....
“He really seems to be stuck at about age eight emotionally.”
#
That’s because the Big Zer0 is not a statesman.
He is an inexperienced politician running scared.
#
http://dictionary.reference.com/browse/statesman
If we spent 1 million a day from the time Christ was born until today, we would not be able to spend this much money
But, But,... I thought GWB was the fearmonger..
Yup. Get folks to cling to the Gubmint teat
First one to the bottom of the pile gets a tax cut!
Of course it is his plan. Read Bill Ayer's book. Read Das Kapital. They need to weaken the UNITED STATES through entitlement plans and a trumped up economic disaster so the USA will not be a superpower. Then, other nations can emerge to lead the world into the 21st century. Obama has been working for our enemies for decades. The Left has been embedded in this country since the 1930s and they have been using the blacks as stooges since the 1950s. Its all about making the USA weak and allowing other nations to achieve
I keep thinking how fortunate we are to have the example of the Japanese recession and their many efforts to manipulate their economy. They have failed miserably and their recession/stagnation is approaching 20 years, so surely our government wouldn’t make the same mistakes.
But then I remember that the party in power isn’t interested in a healthy economy so much as in creating more power for themselves and assuring a large constituency that is beholden to them.
Shine the light on those SOB’s and make them squirm.
When you guys get to DC takes some picture for us. ;-)
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