#1 FACT CHECK: Examining Obama's job, pork claims02-10-2009, 11:40 AM
An interesting review of Obama's claims concerning the "stimulus package"
OBAMA: "Not a single pet project," he told the news conference. "Not a single earmark."
THE FACTS: There are no "earmarks," as they are usually defined, inserted by lawmakers in the bill. Still, some of the projects bear the prime characteristics of pork — tailored to benefit specific interests or to have thinly disguised links to local projects.
For example, the latest version contains $2 billion for a clean-coal power plant with specifications matching one in Mattoon, Ill., $10 million for urban canals, $2 billion for manufacturing advanced batteries for hybrid cars, and $255 million for a polar icebreaker and other "priority procurements" by the Coast Guard.
Obama told his Elkhart audience that Indiana will benefit from work on "roads like U.S. 31 here in Indiana that Hoosiers count on." He added, "And I know that a new overpass downtown would make a big difference for businesses and families right here in Elkhart."
U.S. 31 is a north-south highway serving South Bend, 15 miles from Elkhart in the northern part of the state.
Read it in total here
I believe in Christianity as I believe that the sun has risen: not only because I see it, but because by it I see everything else.C. S. Lewis
02-10-2009, 02:24 PMThe 21st century. The age of Smart phones and Stupid people.
It is said that branches draw their life from the vine. Each is separate yet all are one as they share one life giving stem . The Bible tells us we are called to a similar union in life, our lives with the life of God. We are incorporated into him; made sharers in his life. Apart from this union we can do nothing.
02-10-2009, 04:46 PMOBAMA: "My bottom line is, are we creating 4 million jobs?" he told the news conference.
He said in Indiana, "The plan that we've put forward will save or create 3 million to 4 million jobs over the next two years."
THE FACTS: Job creation projections are uncertain even in stable times, and some of the economists relied on by Obama in making his forecast acknowledge a great deal of uncertainty in their numbers.
The president's own economists, in a report prepared last month, stated, "It should be understood that that all of the estimates presented in this memo are subject to significant margins of error."
Beyond that, it's unlikely the nation will ever know how many jobs are saved as a result of the stimulus. While it's clear when jobs are abolished, there's no economic gauge that tracks job preservation"If every poor man is to come here and start requesting money for all his children, the applicants will never be satisfied and the nation's finances will collapse." Emperor Tiberius: Tacitus:Annals
02-10-2009, 04:54 PM
Elkhart IN has most of its jobs in the Recreational Vehicle industry, which is being hit by their upper/upper middle class customers pinching pennies.
Why didn't Hussien tell those folks, that under HIS policies, he is going to tax their customers right out of existence, and then they WILL ALL BE UNEMPLOYED.
rm -rf obama*
02-11-2009, 05:10 AM
- Join Date
- Jun 2005
- Woodland Park, Colorado, United States
He's already had one success, the creation of a trillion more dollars.
Does it not alarm the Socialists that this is monopoly money that is not based on the GDP? These dollars are devalued, therefore it will take more of them to pay back the debt. While he's at it, print me $400,000. I need a bailout.:mad:Education without values, as useful as it is, seems rather to make man a more clever devil.
C. S. Lewis
Do not ever say that the desire to "do good" by force is a good motive. Neither power-lust nor stupidity are good motives. (Are you listening Barry)?:mad:
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