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FORD
01-28-2009, 09:13 PM
And the eleven so-called "Democrats" who sided with the 'Pukes..... FUCK YOU TWICE AS HARD!! :upyours:

House passes Obama economic stimulus plan
President: 'Perilous moment' requires swift action to kick-start economy
The Associated Press
updated 4:17 p.m. PT, Wed., Jan. 28, 2009

WASHINGTON - In a swift victory for President Barack Obama, the Democratic-controlled House approved a historically huge $819 billion stimulus bill Wednesday night with spending increases and tax cuts at the heart of the young administration's plan to revive a badly ailing economy.

The vote was 244-188, with Republicans unanimous in opposition despite Obama's pleas for bipartisan support. Eleven Democrats voted against the measure, while no Republicans supported it.

"We don't have a moment to spare," Obama declared at the White House as congressional allies hastened to do his bidding in the face of the worst economic crisis since the Great Depression.

The vote sent the bill to the Senate, where debate could begin as early as Monday on a companion measure already taking shape. Democratic leaders have pledged to have legislation ready for Obama's signature by mid-February.

A mere eight days after Inauguration Day, Speaker Nancy Pelosi said Tuesday's events heralded a new era. "The ship of state is difficult to turn," said the California Democrat. "But that is what we must do. That is what President Obama called us to do in his inaugural address."

Unemployment at highest level
With unemployment at its highest level in a quarter-century, the banking industry wobbling despite the infusion of staggering sums of bailout money and states struggling with budget crises, Democrats said the legislation was desperately needed.

"Another week that we delay is another 100,000 or more people unemployed. I don't think we want that on our consciences," said Rep. David Obey, D-Wis., chairman of the House Appropriations Committee and one of the leading architects of the legislation.

Republicans said the bill was short on tax cuts and contained too much spending, much of it wasteful and unlikely to help laid-off Americans.

The party's leader, Rep. John Boehner of Ohio, said the measure "won't create many jobs, but it will create plenty of programs and projects through slow-moving government spending." A GOP alternative, comprised almost entirely of tax cuts, was defeated, 266-170, moments before the final vote.

On the final vote, the legislation drew overwhelming support among Democrats while all but a few Republicans opposed it.

The White House-backed legislation includes an estimated $544 billion in federal spending and $275 billion in tax cuts for individuals and businesses.

Aid to the jobless
Included is money for traditional job-creating programs such as highway construction and mass transit projects. But the measure tickets far more for unemployment benefits, health care and food stamp increases designed to aid victims of the worst economic downturn since the Great Depression of the 1930s.

Tens of billions of additional dollars would go to the states, which confront the prospect of deep budget cuts of their own. That money marks an attempt to ease the recession's impact on schools and law enforcement. With funding for housing weatherization and other provisions, the bill also makes a down payment on Obama's campaign promise of creating jobs that can reduce the nation's dependence on foreign oil.

The centerpiece tax cut calls for a $500 break for single workers and $1,000 for couples, including those who don't earn enough to owe federal income taxes.

The House vote marked merely the first of several major milestones a for the legislation, which Democratic leaders have pledged to deliver to the White House for Obama's signature by mid-February.

Already a more bipartisan — and costlier — measure is taking shape in the Senate, and Obama personally pledged to House and Senate Republicans in closed-door meetings on Tuesday that he is ready to accept modifications as the legislation advances.

Rahm Emanuel, a former Illinois congressman who is Obama's chief of staff, invited nearly a dozen House Republicans to the White House late Tuesday for what one participant said was a soft sales job.

This lawmaker quoted Emanuel as telling the group that polling shows roughly 80 percent support for the legislation, and that Republicans oppose it at their political peril. The lawmaker spoke on condition of anonymity, saying there was no agreement to speak publicly about the session.

In fact, though, many Republicans in the House are virtually immune from Democratic challenges because of the makeup of their districts, and have more to fear from GOP primary challenges in 2010. As a result, they have relatively little political incentive to break with conservative orthodoxy and support hundreds of billions in new federal spending.

Also, some Republican lawmakers have said in recent days they know they will have a second chance to support a bill when the final House-Senate compromise emerges in a few weeks.

That gave an air of predictability to the proceedings in the House, as Democrats defended the legislation as an appropriate response to the specter of double-digit unemployment in the near future.

Rep. Randy Neugebauer, R-Texas, sought to strip out all the spending from the legislation before final passage, arguing that the entire cost of the bill would merely add to soaring federal deficits. "Where are we going to get the money," he asked, but his attempt failed overwhelmingly, 302-134.

Obey had a ready retort. "They don't look like Herbert Hoover, I guess, but there are an awful lot of people in this chamber who think like Herbert Hoover," he said, referring to the president whose term is forever linked in history with the Great Depression.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

URL: http://www.msnbc.msn.com/id/28891939/

FORD
01-28-2009, 10:07 PM
I like Mike Malloy's take on this: Not a single dime of this money should go to the districts where the Repuke (or fake "Democrat") voted against the bill. And if the people of those districts don't like that, they can vote the bastards out.

Dr. Love
01-28-2009, 10:10 PM
how embarassing

GAR
01-28-2009, 10:15 PM
We need to email and fax every Democrat and encourage them to defend the Right Thing and just let the stupid and the greed lose their homes for not reading the Fine Print.

The Banks shouldn't get stuck with these bad mortgages, and the bad mortgagee's NEIGHBORS shouldn't get stuck with the tab for these bad mortgages.

Fuck Em, en triplicado.. thank G-d the Senate will stop this nonsense dead in it's tracks!

Seshmeister
01-28-2009, 10:20 PM
Stimulus package.

You have to appreciate our politicians trying to make a complete fucking economic disaster sound sexy...

GAR
01-28-2009, 10:22 PM
By the time this reaches the Senate I hope more Democrats bend over and smell the coffee.

What's the rush? To sneak it past the taxpayer before they wake up from the holidays, thats' why they gotta hurry!

FORD
01-28-2009, 10:31 PM
I think the taxpayers are awake. I KNOW they are in my state. When Boeing, Micro$hit, and Starfucks all take a dive the same week, it ain't a good time in Cascadia :(

Baby's On Fire
01-28-2009, 10:40 PM
We need to email and fax every Democrat and encourage them to defend the Right Thing and just let the stupid and the greed lose their homes for not reading the Fine Print.

The Banks shouldn't get stuck with these bad mortgages, and the bad mortgagee's NEIGHBORS shouldn't get stuck with the tab for these bad mortgages.

Fuck Em, en triplicado.. thank G-d the Senate will stop this nonsense dead in it's tracks!

The banks and other lending institutions caused the bad mortgages, you glorious and stupendous fucking moron.............

Jesus Christ somebody go find Igor and tell him to dig up a brain for this fucking idiot.......

Nickdfresh
01-28-2009, 10:41 PM
We need to email and fax every Democrat and encourage them to defend the Right Thing and just let the stupid and the greed lose their homes for not reading the Fine Print.

The Banks shouldn't get stuck with these bad mortgages, and the bad mortgagee's NEIGHBORS shouldn't get stuck with the tab for these bad mortgages.

Fuck Em, en triplicado.. thank G-d the Senate will stop this nonsense dead in it's tracks!


GAR of course read the fine print (when he assembled his cardboard box apartment)...

Va Beach VH Fan
01-28-2009, 10:54 PM
How about that bipartisanship !!!

The best thing is, even with all Repubs voting against it, it STILL didn't matter....

How does it feel, bitches !!!

LoungeMachine
01-28-2009, 10:57 PM
LMMFAO

I love the fact that the RePukes who spent us into the poor house from 2000-2006 all of a sudden are fiscal conservatives......

:lol:

Redballjets88
01-28-2009, 10:58 PM
Fuck I don't care either way. If it doesn't pass a new, possibly improved idea will, and if it does go all the way I get 500 dollars in my pocket.

sadaist
01-28-2009, 11:02 PM
I think the taxpayers are awake. I KNOW they are in my state. When Boeing, Micro$hit, and Starfucks all take a dive the same week, it ain't a good time in Cascadia :(

Since you mention Microsoft, last week they announced 5,000 layoffs. That very same day Bill Gates gave a speech at a hotel in San Diego and announced his foundation pledged $250 Million to combat global polio. WTF?!

LoungeMachine
01-28-2009, 11:08 PM
Since you mention Microsoft, last week they announced 5,000 layoffs. That very same day Bill Gates gave a speech at a hotel in San Diego and announced his foundation pledged $250 Million to combat global polio. WTF?!

Not sure I get your point / connection.

The Bill and Melinda Gates Foundation and Microsquish have nothing in common other than their founders...

:gulp:

Redballjets88
01-28-2009, 11:11 PM
Not sure I get your point / connection.

The Bill and Melinda Gates Foundation and Microsquish have nothing in common other than their founders...

:gulp:

He means that Billiam could have used that money to save the jobs of his employees, or former employees whichever it is nowadays.

LoungeMachine
01-28-2009, 11:19 PM
He means that Billiam could have used that money to save the jobs of his employees, or former employees whichever it is nowadays.

Ah,,,

So US Corporations are now Socialist?

I thought you RePukes had a Free Market in mind, and share holders to answer to....

Amazing how socialist you all get when it's YOUR ass on the line. :lol:

If these 5,000 employees were returning a profit on their salaries and benefits, would Microsquish lay them off?


Maybe they deserve some PROTECTION. Should they unionize?

God you crack me up.

:gulp:

Redballjets88
01-28-2009, 11:24 PM
Ah,,,

So US Corporations are now Socialist?

I thought you RePukes had a Free Market in mind, and share holders to answer to....

Amazing how socialist you all get when it's YOUR ass on the line. :lol:

If these 5,000 employees were returning a profit on their salaries and benefits, would Microsquish lay them off?


Maybe they deserve some PROTECTION. Should they unionize?

God you crack me up.

:gulp:

Thats not what he meant either.

You have an amazing ability to take a simple statement and stretch it beyond belief.

You give me wood.

GAR
01-28-2009, 11:29 PM
The banks and other lending institutions caused the bad mortgages

Behold, we have here another one of those "help me, Uncle Sam, they stuck a gun in my face at WaMu and said 'sign those doggamned Loan Agreements or you and yer wife's dead n'shit!' " believers!

BOF's belief is about as popular right now as a UFOlogists' meeting just before Halloween.

LoungeMachine
01-28-2009, 11:32 PM
Thats not what he meant either.

You have an amazing ability to take a simple statement and stretch it beyond belief.

You give me wood.

You have an amazing ability to speak for other people, and to know what they meant, while never really knowing what the fuck you're talking about.

:gulp:

GAR
01-28-2009, 11:32 PM
GAR of course read the fine print (when he assembled his cardboard box apartment)...

- which I paid for in cash.

Unlike some here who want their problem to become everyone's problem.

That's the Problem right there with Society in a nutshell=lack of accountability for one's actions!

All those losers who got loans they didn't qualify for in an adjustable - pushed the other, comp homes' values skyhigh - and pricing me out of that market so much I had to move into a cardboard box.

Redballjets88
01-28-2009, 11:37 PM
You have an amazing ability to speak for other people, and to know what they meant, while never really knowing what the fuck you're talking about.

:gulp:

hmm two amazing abilities combined?

Wonder twin powers activate!

Figs
01-28-2009, 11:41 PM
Well I think it's just a strategy move on their part. If it pans out Republicans won't get much credit for it anyway being the minority, and if it doesn't they can point fingers. It's true that they abandoned being fiscally responsible, but stuck to their guns on their social bs. Either way it's going through, I hope does some good, but I never really trust any politicians with money....

LoungeMachine
01-29-2009, 12:13 AM
figs - spot on

hideyoursheep
01-29-2009, 03:15 AM
I'm kind of cuntfused...

The Bush 'stim'lus' didn't actually stimulate anything, why expect different results from the same approach?

Big Train
01-29-2009, 03:23 AM
Well this is a horribly conceived bill, as they all have been.

The stimulus really isn't any, in that it won't create jobs immediately, even though the crisis "is immediate", says the leader. As it was in October, when we had "till the weekend, before complete collapse". Well, those banks are still paying dividends (the ones higher up on the food chain) and collapse has not happened. More importantly, our very government who takes and gives our money away, refuses to give us even a basic accounting of where this money is and how it is being used.

Yet, none of you have questions of your administration about this? Do you know how and where this current "Distribution" (apparently it will happen every quarter going forward) will go specifically? Who will get the money and how many jobs this will actually create?

No, because nobody does. The Republicans, while Figs is right, will get the grandstanding benefit (the minority party always does), it also is right in principle in this case. This bill provides little actual relief, lots of pork and funds little in the way of actual actionable projects (90 Billion I believe out of the 800 something Bil).

Barney Frank and Chris Dodd need to be investigated for their roles in this housing crisis. They were at the wheel the entire time, not the Republicans. Yet, we all give them a free pass? WHY?

hideyoursheep
01-29-2009, 03:51 AM
Barney Frank and Chris Dodd need to be investigated for their roles in this housing crisis. They were at the wheel the entire time, not the Republicans.
Dude, you're wrong.

Seshmeister
01-29-2009, 05:18 AM
He means that Billiam could have used that money to save the jobs of his employees, or former employees whichever it is nowadays.

Couple of things wrong with this.

First $25 million / 5000 is $5000.

How long can you keep a M$ nerd employed for $5k?

Secondly I would rather be a recently unemployed M$ employee than be crippled with polio.

LoungeMachine
01-29-2009, 10:07 AM
Dude, you're wrong.

Exactly.

Investigate Phil Gramm.

:gulp:

Big Train
01-29-2009, 11:20 AM
Please tell me how I'm wrong. The man is front and center in this for years and years. He fought tooth and nail to keep subprime mortgages flowing, he took donations from Freddie and Fannie (he was dating a high ranking exec in Freddie for several years). He insisted to Congress for years that "there were no systemic problems" with it and led the opposition in defeating reform measures by Republicans.

When it all fell down, it was the "decisions of the private sector" that caused this mess. The man needs to be in a jail cell, today.

GAR
01-29-2009, 11:37 AM
They should just call it "The Democrat's Free-Money/Rainbows and Happy Unicorns/ChocoBerry Holiday Wishing-this-will-fix-all Spending Bill"

sadaist
01-29-2009, 11:59 AM
Couple of things wrong with this.

First $25 million / 5000 is $5000.

How long can you keep a M$ nerd employed for $5k?


It's actually $255 million*, which could employ 5,000 for one year at a salary of over $50k...decent wage. What if he pledged to create/save only 1,000 jobs with that money? They could be paid over $50k annually for 5 years, then you would expect that whatever they are doing would be somewhat productive and generate earnings and profit as well.

I'm all for charity, and it's his money to do what he wishes with, but there are a lot of problems we have right here at home I believe should take precedence before we help people in other countries. A big problem with overseas undeveloped countries is that a lot of the aid gets commandeered by guerrillas and local militias, and the people it was meant to serve suffer.

I know, I'm a horrible evil person for thinking we should take care of our own first. I just see so many homeless, unemployed, sick, hungry, disabled people on our own streets, and then hear about all this aid going overseas.


http://www.pcworld.com/article/158297/gates_commits_255_million_to_help_eradicate_polio. html

Seshmeister
01-29-2009, 12:11 PM
Apologies for the wrong number.

I think having M$ on their CV's will mean these people will be able to get other jobs even in todays climate. Or maybe they'll go off and create their own businesses.

MUSICMANN
01-29-2009, 12:31 PM
Not to be a rain on your parade type of guy about this passing of this stimulas package or so called welfare package. How does spending hundreds of millions on std programs and other bullshit, create more jobs.

The last big stimulas package went out the door and into the big greedy, banks, mortage and auto CEO's pockets and can't even be accouted for, and that one was pushed by Bush.

You want to create more jobs. Give money to all the small buisness's in this country so they can hire the true workforce that this nation depends on.

Stop giving away Gov. money to people who only know how to walk to their mailbox and doesn't want to get off their lazy asses to get a job. Yea fair, let's give people who doesn't even pay taxes a tax rebate check.

A true stimulas package should be about creating jobs, putting more money into the working consumers hands to spend. Not about funding some off the wall programs that only benifit certain people in washington.

See i may have stood up for the tough Bush policies and even stand up for Some of Obama's. At heart though, i am an independent that want's to see this country prosper, no matter who sit's in the oval office.

GAR
01-29-2009, 12:39 PM
I'm not for the the prosperity of the lazy at the expense of my past hard work and investments, screw that.

LoungeMachine
01-29-2009, 01:21 PM
I'm not for the the prosperity of the lazy at the expense of my past hard work and investments, screw that.

....he posted while sitting in a PUBLIC library, using free internet access....

:gulp:

ELVIS
01-29-2009, 05:39 PM
Why not just get some serious tax cuts quickly in order rather than pulling over One Trillion Dollars out of thin air ??


:elvis:

FORD
01-29-2009, 05:53 PM
Tax cuts for who? It's the tax cuts for the rich that are responsible for a lot of this shit.

ELVIS
01-29-2009, 05:56 PM
Business owners and middle class...generally...

Ally_Kat
01-29-2009, 06:38 PM
The banks and other lending institutions caused the bad mortgages, you glorious and stupendous fucking moron.............

Jesus Christ somebody go find Igor and tell him to dig up a brain for this fucking idiot.......

The reality is that both sides aren't too innocent in this.

The buyers were stupid for looking/buying houses that were WAAAAY out of their budget and not stopping to think when the mortgage payment amount for each month was presented to them. The banks were dumb for living in the moment and approving them regardless.

Nickdfresh
01-29-2009, 06:41 PM
They should just call it "The Democrat's Free-Money/Rainbows and Happy Unicorns/ChocoBerry Holiday Wishing-this-will-fix-all Spending Bill"

As opposed to Bush's Wall Street Reach-around bill?

Nickdfresh
01-29-2009, 06:48 PM
The reality is that both sides aren't too innocent in this.

The buyers were stupid for looking/buying houses that were WAAAAY out of their budget and not stopping to think when the mortgage payment amount for each month was presented to them. The banks were dumb for living in the moment and approving them regardless.

Well, a lot of mortgage brokers were baiting and switching and telling people they could afford a bigger house than what they were looking at....there was also a lot of predatory lending going and the use of "teaser rates," which start out low and can skyrocket...

There's blame everywhere, but mostly the banks got away with it because they were able to take on more debt than they were good for because the gov't simply decided to deregulate and not bother to keep people honest...

sadaist
01-29-2009, 07:28 PM
What I saw in my neighborhood wasn't so much people buying houses they couldn't afford, but the value of their home skyrocketing over a short period of time. Suddenly everyone had $200k+ equity and was sittin' pretty. Loans were made, swimming pools were being built left and right, home decoration stores were flourishing as everyone wanted the house from Better Homes & Gardens. Now that house prices took a dive, people are fucked and in many cases it's easier to just let the house go.

jgdrag
01-30-2009, 12:09 AM
Will need more money than this offering

Big Train
01-30-2009, 03:23 AM
We need to MAKE four times this amount to zero out the last bill.

Sgt Schultz
02-02-2009, 02:54 PM
Well, a lot of mortgage brokers were baiting and switching and telling people they could afford a bigger house than what they were looking at....there was also a lot of predatory lending going and the use of "teaser rates," which start out low and can skyrocket...

There's blame everywhere, but mostly the banks got away with it because they were able to take on more debt than they were good for because the gov't simply decided to deregulate and not bother to keep people honest...


Yes, there was some of that. But remember that because of the policies put forth by Carter and Clinton lenders were pressured - heavily - by the gub-nent to make these loans to people who couldn't really afford it. Then when Fannie / Freddie were involved in shenanigans and Bush and Republicans tried many times to reform in it was people like DODD and FRANK and WATERS that blocked it.

The housing / mortgage problem is 100% the fault of bad Democrat policies and politicians.

Sgt Schultz
02-02-2009, 02:57 PM
The only "bipartisan" part of this bill was the NO VOTE. The NO vote was made up of Republicans and Democrats - that is "bipartisan". The partisan vote was the YES vote - because only Democrats voted for it.:fufu:

LoungeMachine
02-02-2009, 03:09 PM
Where was your cries for "bi-partisanship" from 2001-2006 while your RePukes spent us into debt faster than all previous admins in history?

Nickdfresh
02-02-2009, 03:13 PM
Yes, there was some of that. But remember that because of the policies put forth by Carter and Clinton lenders were pressured - heavily -

Clinton was pressure heavily by Phil Gramm and Newt Gingrich if you'll recall, as he the Republicans had the majority in the Houses by then.

And since we're bringing up names, I think we need to mention Reagan, and Bush, and Bush, and the GOP held congress from 1994/96-2006...


by the gub-nent to make these loans to people who couldn't really afford it.

Horseshit! Please provide a percentage of what were subprime loans. The provide examples of anyone complaining about having to take on those lucrative, high interest rate subprime loans they kept actively seeking out. A lot of the people defaulting had fairly good credit...


...Then when Fannie / Freddie were involved in shenanigans and Bush and Republicans tried many times to reform in it was people like DODD and FRANK and WATERS that blocked it.

Oh brother. Reform what? When was this ever a serious issue to anyone until it was too late. And again, as I stated in another post, Fannie and Freddie DONATED TO REPUBLICANS too!!

What about AIG, Morgan Stanley, Leman Bros., and other Wall Street brokerages that were heavily donating to the Republicans as well as Democrats?


The housing / mortgage problem is 100% the fault of bad Democrat policies and politicians.

LMFAO, Right! an other partisan simpleton buck-pass from Sgt. Dork. But yet, the Republicans were the majority party with enough votes to effectively ignore the Democrats from at least 2001-2006. But yet, those evil liberals worked they're magic in the "do-nothing" congress of slackers and corporates whores to prevent the ethical, hardly ever indictable Republicans from getting their fraud out. And more fairy tales?

GAR
02-02-2009, 03:22 PM
Where was your cries for "bi-partisanship" from 2001-2006 while your RePukes spent us into debt faster than all previous admins in history?

You gotta stop that thing you do with the disparaging/renaming bullshit because if it doesn't make you look as immature as FORD at most, it looks petty at the least.

Mostly because it puts the brakes on my train of thinking, as I have to reaccount for what in hell you mean with "Repukes"=Republicans, aha that's what he means, got it.

It's easier to just reply in like-babyhead form with "well you with your Democraps" cuz it flows better than the term you use, yet I just don't because its stupid.

Don't take it personally, I'm not insulting you just the delivery.

LoungeMachine
02-02-2009, 05:38 PM
You'll notice no one, least of all me gives a flying tittie fuck what you think, haGAR.

Now keep it down, there are Library patrons trying to study....

:gulp:

GAR
02-02-2009, 05:46 PM
Funny thing you say Library, with all my neighbors using wifi repeaters I can post with my feet in the Pacific if I want to.

My patio furniture cost more than your car. Fuck off baby boy.. you don't get tans like this in the Library.

jhale667
02-03-2009, 01:23 AM
.. you don't get tans like this in the Library.

Busking at Venice Beach again? :tongue0011:

GAR
02-03-2009, 01:05 PM
I wish I had my camera with me when that guy was in the street with the sign "space ship needs parts" god that wuz classic

GAR
02-03-2009, 01:10 PM
Part of getting what Obama wants was in the nomination of that Republican senator by the democrat governor I keep hearing about.

Part of what the Republicans want taken out of that freemunnylust package is to make our 30 million illegal aliens ineligible for it.. that's a savings of 15 billion dollars to people who never paid into nor should receive out of the tax based income of the Treasury.

That's just part of it. I'm not a fan of the Republican party but the more disparaging noise FORD makes about how they're stifling and opposing the foolhardy Democratic party the less weight he carries.

Nickdfresh
02-03-2009, 02:07 PM
Part of getting what Obama wants was in the nomination of that Republican senator by the democrat governor I keep hearing about.

Part of what the Republicans want taken out of that freemunnylust package is to make our 30 million illegal aliens ineligible for it.. that's a savings of 15 billion dollars to people who never paid into nor should receive out of the tax based income of the Treasury.

That's just part of it. I'm not a fan of the Republican party but the more disparaging noise FORD makes about how they're stifling and opposing the foolhardy Democratic party the less weight he carries.

Did one of those aliens take your job yet?

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