The $787 BILLION package is now enacted legislation, as President Barack Obama signed the bill at a ceremony in Denver.
There might be another “stimulus” coming soon, believe it or not.
And on the day of this esteemed occasion, the Dow dropped 297.81 points, -3.79%, to close at 7,552.60.
And on a somewhat related note, I’ve been hearing some curious rumblings about stuff going down in the Eastern Europe markets, that might bear watching for the time being....
The state government of Kansas is no longer issuing tax refunds and may be unable to pay its employees.
Meanwhile, California is $40 billion in the red and may have to lay off thousands of workers soon.
Dare I mention that “Hell Époque” thing that I first wrote about last year?...
Harrison Schmitt – geologist, former senator from New Mexico and one of the last men to walk on Moon during the Apollo 17 mission – has voiced his strong belief that global warming is not happening… or at least that it is not being caused by human activity.
And what’s more, Schmitt also states that “global warming” is being used as a political tool to increase the presence of government in people’s lives…
...Schmitt contends that scientists “are being intimidated” if they disagree with the idea that burning fossil fuels has increased carbon dioxide levels, temperatures and sea levels.
“They’ve seen too many of their colleagues lose grant funding when they haven’t gone along with the so-called political consensus that we’re in a human-caused global warming,” Schmitt said.
Dan Williams, publisher with the Chicago-based Heartland Institute, which is hosting the climate change conference, said he invited Schmitt after reading
ReadTheStimulus.org is reporting that the final language of the “stimulus” bill has been posted on the U.S. House website. But if you think you’re going to get to exercise your right to easily pore over the legislation, think again. From ReadTheStimulus.org…
...Final Language Posted
Posted at 11:00 pm on Thursday, February 12, 2009The final language has been posted; you can find links to the various docs at the Speaker’s website. Update: The speaker’s website is apparently down. Imagine that. Docs are also available here.
The total size of the four major files is over 100MB, and consists of 1419 pages. Three of the four files are huge “scanned” PDFs, meaning they were created by printing the original document and then scanning it in again — and therefore contain no real “text” that can be easily searched. This will make our parsing process difficult and more time consuming, so we
At this point, I am only left to seriously wonder if the people who are supposed to be running the country, have any functional grasp at all of the value of numbers.
According to a story on Bloomberg.com, the total cost of all the bailouts that the U.S. House and Senate are pursuing with this “stimulus” package, is going to come out to, at least, $9.7 trillion.
Here it is for people who like to look at lots of zeroes…
It’s said to be enough to pay off 90% of all the homeowner mortgages in this country.
I’m going to paraphrase a line that I heard from a movie several years ago…
“The country is headed for trouble. The country is headed for grief.”...
Awright, I’m prepared to go ahead and say it: the Obama Presidency is already a disaster. And this legislation is gonna be about as successful as the Smoot-Hawley Act.
Word out of D.C. tonight is that a tentative agreement on the “stimulus” package has been reached in the Senate. It’s probably going to be enacted law over the weekend or soon afterward.
Said “stimulus” is going to cost me and you, Fellow Taxpayer…
According to one senator, James Inhofe out of Oklahoma, the bill is only 7% stimulating and the rest of it is just more spending.
I remember the big budget battle in 1993. It’s what really started opening my eyes on all the waste that goes on in the federal government. And I never thought that I would see anything that outrageous again.
If the phone lines to Washington D.C. don’t burn up with ...
Remember all that talk of “hope and change” during the past election cycle? What happened to it? Because now President Barack Obama is sounding like the dire opposite of Franklin Roosevelt, warning that if the “stimulus” bill isn’t passed…
“This recession might linger for years. Our economy will lose 5 million more jobs. Unemployment will approach double digits. Our nation will sink deeper into a crisis that, at some point, we may not be able to reverse.”
Not even three weeks into the job and the man’s already done did a “malaise speech”.
Dear President Obama: if you seriously want to stimulate the economy across the board, you cannot do it with more spending! That might seem to buy some time in the short term, but what is really needed is to cut taxes and CUT SPENDING!
That may not win Obama any early accolades, but posterity would ultimately ...
Chuck Baldwin, Baptist minister and brilliant writer, argues in his latest piece that prophecy has driven far too many Christians into a state of apathy. But where Paul wrote in humble reproval to his fellow believers at Thessalonica, Baldwin’s is a thunderous condemnation (and in my opinion, rightfully so) aimed especially at those in America who profess to follow Christ. He writes…
...In the first place, no one knows when Christ will return, no matter how many books or tapes they have produced to say they do. In Acts chapter 1, Jesus was asked by His disciples if He would, at that time, set up His kingdom. The first words out of His mouth were, “It is not for you to know.” Oh, we can speculate, surmise, and make educated guesses, but that’s the best we can do. It’s time we were honest enough to admit it: only God
The only reason I’m really posting this is to illustrate something that I and many others have screamed ourselves hoarse about during the past several years: that there is no damned difference at all between the Republican and the Democrat parties in the United States.
In an interview with Chris Wallace on Fox News Sunday, new Republican National Committee chairman Micheal Steele said that it was “important” for the Republican Party to “reach out” and embrace candidates who are pro-abortion and pro-“gay marriage”.
(Incidentally, I have my own thoughts about that and I might articulate them someday in the near future, suffice it to say it’s a perspective that’s neither “conservative” or “liberal”… and a lot of my fellow Christians might find it a bit surprising.)
I think that this elicits a lot of questions. Obviously, how is what Steele suggesting for his own party, any different at all ...
A friend suggested this tonight, and lo and behold someone already made a YouTube video of the idea…
Congratulations, President Obama and First Lady Michelle Obama, your lovely daughters, and Vice-President Biden and his wife Dr. Jill Biden. This is your day. And I think I speak for most of us when I say, our prayers are with you and we ask that the Lord will give you the wisdom and diligence that you will need in the days, months and years ahead....