Video: Mike Pence, John McCain hammer Democrats on stimulus
posted at 7:57 am on February 9, 2009 by Ed Morrissey
Mike Pence and John McCain don’t always sing from the same songsheet, but yesterday the two Republicans fought back on two different networks against the stimulus package. Pence noted that our history shows how to do a government stimulus in a recession, and how to turn a severe recession into a depression — and the Obama administration has decided to adopt the policies of failure:
Did John McCain start reading the Boss? Listen to what McCain calls the bill in the beginning of this interview. McCain also derides the notion that Obama has any intention of becoming a post-partisan president, noting that getting three Republicans out of 218 in both chambers of Congress does not make this a bipartisan effort:
Update: Fixed the first video.
Blowback
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too little, too late from one of the worst RINO’s in history….
Dale in Atlanta on February 9, 2009 at 7:59 AM
wait, maybe McCain is getting buyer’s remorse.
kelley in virginia on February 9, 2009 at 7:59 AM
Where the F**K was this kind of speech during the campaign?
angryed on February 9, 2009 at 8:03 AM
this site’s commenting community has nothing to say.
eh on February 9, 2009 at 8:05 AM
See Arlen Specter’s utterly lame article in today’s Washington Post saying the only reason he voted for it is because we have to do something.
BigD on February 9, 2009 at 8:05 AM
Geeez, Juan. Had you talked like that during the campaign I might not have covered your name on the ballot when I voted for Sarah.
pugwriter on February 9, 2009 at 8:06 AM
I see from MM’s site that Harry Reid is blocking a bi-partisan amendment to make sure that stimulus money/jobs only go to American citizens and legal residents.
Good to know that the enormous debt we’re enslaving our kids and grandkids with will go for such worthwhile projects as providing more jobs and “tax credits” (better known as welfare payments) for illegal aliens.
AZCoyote on February 9, 2009 at 8:06 AM
Put your money where your mouth is, McCain. If there are any matters that need unanimous consent, like amending the original bill to add the GOP Three amendment or waiving reading of the bill, refuse to give it.
At least try to stall this sucker until Geithner tells us tomorrow how much he needs again for bank bailouts and how he really doesn’t know what worked or what will work.
Wethal on February 9, 2009 at 8:07 AM
Yup. It would have been nice to have had a fiscal conservative at the top of a ticket to vote for. Makes me wonder if McCain didn’t intentionally sink his own campaign.
rbj on February 9, 2009 at 8:08 AM
First video gone already?
LastRick on February 9, 2009 at 8:08 AM
your doppelgangers:
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=385×269776
eh on February 9, 2009 at 8:09 AM
We should just cut all non-essential services, programs and departments in the federal government and eliminate all federal taxes for 3 months. By this time next year we will be more than fine.
cadams on February 9, 2009 at 8:10 AM
We saw that theory a ton during the campaign: McCain runs a sh!tty campaign on purpose, leading to the GOP sweeping into power in 2010. Wishful thinking. He was just the wrong guy or, more likely, no GOP could have won. The people had forgotten what life under a Democratic White House was like.
LastRick on February 9, 2009 at 8:11 AM
McCain would probably be sitting in the White House if he’d sided with the opposition to TARP. He joined the choir too late to be believable.
michaelo on February 9, 2009 at 8:12 AM
you all forget. mccain was unacceptable on the sole basis that he doesn’t share in the populist anti-mexican derangement. that was THE defining “principle” of conservatism then. things like fiscal responsibility were far from your minds.
eh on February 9, 2009 at 8:14 AM
McCain is simply like so many others in this country that were sucked in by this Marxist, charlatan that occupies the White House. Now, apparently, the light is beginning to shine under the door . . . unfortunately, it’s probably too late.
rplat on February 9, 2009 at 8:15 AM
Michael Savage has an interesting caller on who seems to think this is a planned patronage system.
http://www.youtube.com/watch?v=RGafMHsV4Ug&feature=email
Mr Purple on February 9, 2009 at 8:18 AM
Opposition to the bill is more ‘bipartisan’ than support; 11 Democrats voted against it in the House.
michaelo on February 9, 2009 at 8:19 AM
Yeah , amnesty would really get the economy on it’s feet..
the_nile on February 9, 2009 at 8:21 AM
Billions for ACORN, massive expansion of welfare and other entitlement programs, no citizenship requirements for recipients . . . .
Do you think this stuff got into the Democrats’ “stimulus” bill by accident or by design?
AZCoyote on February 9, 2009 at 8:24 AM
How do I become an illegal alien here?
Sounds like good duty.
Jed1899 on February 9, 2009 at 8:25 AM
The Pence clip has already been “remove by the user”
golfer1 on February 9, 2009 at 8:25 AM
A day late and a dollar short.
NeoKong on February 9, 2009 at 8:26 AM
Pretty well stated by McCain. Keep reading the blogs McCain staffers!
forest on February 9, 2009 at 8:26 AM
A question:
What would happen if American taxpayers REVOLTED. Over 48 Million of us voted AGAINST this far left radical. So can you imagine if we all just REFUSED to pay ANY taxes… They can’t come get all of us… The media would go nuts, Obama would go nuts… MILLIONS NOT PAYING A DIME!!!
Wow, kinda like most of Obama’s Administration.
Mark Garnett on February 9, 2009 at 8:27 AM
Fixed the first video.
Ed Morrissey on February 9, 2009 at 8:28 AM
I’ll bet McCain regrets voting for Ogabe.
Bishop on February 9, 2009 at 8:30 AM
It may be too early for me to read anything written by Spector. ugh
Plz someone run against this fool!!
becki51758 on February 9, 2009 at 8:30 AM
That “Generational theft” did sound original..
the_nile on February 9, 2009 at 8:30 AM
Considering that even the CBO is saying that the recession will have run its course by the end of the year without any stimulus, it shouldn’t be hard for any GOP’er to oppose this disaster.
Bishop on February 9, 2009 at 8:32 AM
Let’s get back to flooding the congress switchboard again today.
Any bets that Rush will come back a day early?
katy on February 9, 2009 at 8:35 AM
Here is how we are treating illegals now. Something should be in the stimlus about not letting this happens.
Not Good at all for our economy
Brat4life on February 9, 2009 at 8:37 AM
WAAAY to early to look or listen to Dreg Gregory. I will let the more informed posters comment on this blight to the Republic.
——-
Forest, your observation was so spot-on that I just replaced McCain with GA’s senators and borrowed your quote. Thanks for the help – mind is focused on calling their offices at nine.
Branch Rickey on February 9, 2009 at 8:37 AM
Even the decidedly not-conservative CBOE says nothing would be better than this something. Arlen is retarded.
Jaibones on February 9, 2009 at 8:38 AM
Too bad McCain didn’t discover this disdain for govt stimulus until after the election.
MarkTheGreat on February 9, 2009 at 8:40 AM
I think it’s funny that Obama is going to be pitching his stimulus on prime time TV during the two nights the Westminster Kennel Club Dog Show is on.
I know which I’ll be watching.
BigD on February 9, 2009 at 8:41 AM
Man, trolls really smell in the morning….
Branch Rickey on February 9, 2009 at 8:42 AM
I’m stealing a little from RedState this morning but the idea is the same. When Hillary and Biden both said (during the campaign season) that Obama wasn’t ready or the country couldn’t afford on-the-job training in the presidential position, he bought their cooperation: a Sec of State and VP spot, respectfully.
If we revolt, he’ll buy us off too. He’d find a way to slowly pick off identity groups with pork or lower taxes until he got the number of taxpayers he needed to prop up this sham. Coincidentally, I’ve just ruined the ending of Boomsday for you. Buckley wrote/predicted this a few years ago.
LastRick on February 9, 2009 at 8:43 AM
I still believe that even though the gov’t can pass these laws, they can’t truly compel the productive, taxpaying citizens to comply. It is relatively easy to have coordinated sick-outs and other forms of civil disruptions to the economy as a means of protest. Maybe people aren’t ready to do it yet, but I do believe that day is not so far away.
Also, I wonder if doctors are bribed in Canada for speedy treatment. I fully intend to bribe my doctor/pay privately and anyone else to get my children treated if necessary. If you legislate perverse behavior, proper behavior goes underground.
JiangxiDad on February 9, 2009 at 8:43 AM
AZC – you don’t think the “warm-fuzzyRATS” would ever try and fool the American public, now do you?
/sarc off
Branch Rickey on February 9, 2009 at 8:44 AM
To little to late… OR… Better late than never!
This will be the Obama Bill that will not work, while sticking enormous financial burden on the next few generations at the least. This bill is going to pass, and it will be painful. It will also display the Liberal ideology as the failure it is (always has been) for the next few generations at the least.
Coming soon to your neighborhood: Attacks on the 1st and 2nd amendments. The goal, complete rewrite of the Constitution and the Bill of Rights… The Liberal way!
Liberal Democrats are showing Republicans what a supposed “mandate” looks like. Sprinting towards Socialism and complete power over the masses.
Keemo on February 9, 2009 at 8:45 AM
No, it shouldn’t be in there. How does this “stimulate” the economy if we add clauses pertaining to illegal immigration? Unless the amendment is to hire 2 million Americans to guard at the border, it’s just the kind of “bipartisan” crap that Democrats would add to the bill to sucker in GOPs for cover.
LastRick on February 9, 2009 at 8:47 AM
Actually, most here on this site think that McCain lost the election when he signed on to the TARP TRAP. McCain’s views on immigration were well known and had already been looked over by many, and were hoping that they would be able to curb his efforts on that front. But when people saw him go weak on his “name names” call on the sub prime mess, and when Mr. fiscal voted for chicken little’s, er, Paulson’s $700 billion dollar purse, McCain’s supposed “strengths” seemed to melt away in the Arizona sun. Then he started bashing Wall Street, sounding just as bad as the democrats, while leaving Democrats, who were actually on the committees, who actually had oversight, go virtually untouched. McCain fell apart with TARP, not immigration in my opinion. But I know yours may differ.
Weight of Glory on February 9, 2009 at 8:47 AM
What institution of power could Obama use to compel people to cease protesting and go back to work?
I don’t think he controls the police or military. If it’s a socialist coup, it’s missing some important keys imo.
JiangxiDad on February 9, 2009 at 8:48 AM
If it is good for Obama’s Goose (especially Sec. of Treasury) is good for the American Gander!!!
IMAO
Branch Rickey on February 9, 2009 at 8:48 AM
Shocka! Bawney actually let Pence articulate his position without interrupting & shouting him down.
jgapinoy on February 9, 2009 at 8:50 AM
Please Retire After Finding A Replacement
Yes, despite the fact that The One makes McLame look like a combination of:
Rambo
Sir Thomas Moore
Winston Chruchill
and…
Milton Friedman
The Repubs don’t need a leader who would not challenge one of the most obvious con men in history carrying a tissue thin resume and wearing the mendacity of the media like suit of armour. But Juan McLame ran a respectful campaign. Well bully for him!
IlikedAUH2O on February 9, 2009 at 8:56 AM
I saw that and my heart sank. At this point, I suspect, GOP members look petty if all they do is complain about some millions going here and there for nonsense. Unless the Conference Committee screws with the Senate version so much that Collins backs away, it’s passing.
That said, I humbly suggest that the GOP members need to take some very high profile shots at the hidden horsesh*t. In the past few days, I’ve seen three things that should be incomprehensible to, I suppose, two-thirds of the country.
First, any university academic structure built or renovated with stimulus money must prohibit any religious use of the building. WTF?
Second, no stimulus money can paid to contractors that don’t have union workers. WTF?
Third, the nonsense above about forbidding citizenship verification. WTF?
If I’m mistaken about my understanding, forgive me. And if there are other items I’ve omitted or if there are greater outrages, forgive me as well.
But in the end, GOP members need to be on the record citing a succint laundry list of things that voters need to know is going into this package so that voters don’t have an excuse to blame them for not pointing this horsesh*t out. The GOP members cannot go down silently. They really need to compile a “WTF List” and get it out to the public. NOW.
BuckeyeSam on February 9, 2009 at 8:56 AM
JiangxiDad on February 9, 2009 at 8:48 AM
It’s only been a few weeks and look at what we are witnessing. Time will tell…
I gave up on emailing and calling my Republican representation last week. I’m now emailing and calling Democrats that ran on a more Conservative platform. Bamby and the Piglet have firm control over their own. Peeling some of these blue-dogs away from them will be tough. Don’t know what else to do.
Keemo on February 9, 2009 at 8:56 AM
I was disappointed to see that HA basically took the day off yesterday- we HAVE to keep bombarding these senators; It may accomplish nothing, but at least they will be aware that their actions are being noted and people are pissed!
anniekc on February 9, 2009 at 8:59 AM
Off to make some calls….
Branch Rickey on February 9, 2009 at 9:00 AM
What action on this bill is scheduled for today?
DrStock on February 9, 2009 at 9:01 AM
Yep, I have called and emailed my alleged “moderate Democrat” Congressman several times. There are no projects in his district in the bill.
The way to kill this leviathan is to continue to hammer it as Pelosi’s and Reid’s orgy of liberal spending. They are still at 15% popularity. The American people decidedly did NOT vote for this level of irrational spending and borrowing.
If Obambi had controlled this process from the beginning and started with a $400 billion bill, he probably would have gotten 80 Senators to agree to it, and at least 20 Republicans in the House. Then he could have thrown a few bones in it for liberal constituencies AFTER he got the Republicans to commit to it. That’s the smart play. The dumb play was letting Nancy Pelosi write the damn thing, and gift-wrap for the Republicans an enormous unifier and campaign issue for 2010.
Worst. President. Ever.
rockmom on February 9, 2009 at 9:03 AM
Exactly.
Greg Toombs on February 9, 2009 at 9:03 AM
Yeah, they all want to do something to help Obama claim that he effected change within the 1 month of his term.
David Axelrod is already claiming as much:
“In a matter of weeks, we moved through both houses of Congress a very complex piece of legislation,” Obama senior adviser David Axelrod said Saturday in an interview. “I don’t know if there is a parallel in history.”
misslizzi on February 9, 2009 at 9:05 AM
I guess when Hot Air has its commenter-registration days, Soros has trolls lined up to flood in. But I get a kick out of the rotation. Dave Rywall (sp?) has been a bit absent, though DeathtoMediaHacks and sethstorm (aka commenter of no integrity whatsoever) have been pretty active. But eh, here, is new to me.
Where are the others today? Some big exams? Making tinfoil runs? Cleaning their bedrooms after mommy screamed at them? Or flying to either Elkhart, Indiana, or Ft. Myers, Florida, to be among the fawning crowds?
I do hope GOP members take advantage of Obama’s time in the air to crucify the unjustifiable parts of the stimulus bill.
BuckeyeSam on February 9, 2009 at 9:06 AM
Just contacted Chambliss (R-GA) office and staffer promised he will not vote for cloture or any of the Stimulus Bill.
One down in the senate for Ga; One to Go!
Branch Rickey on February 9, 2009 at 9:06 AM
Has anyone publicly challenged them on the provision for ACORN and similar organizations (and what the hell happened to all the investigations of ACORN anyway??).
I’d like to know what possible justification they can give for it. I know why they want to reward this scum outfit, but how do they justify it to the public? It’s insane. Last I heard, the only jobs they offer are minimum wage ones for pathological liars.
What did McCain say the cost of the jobs in the bill comes out to? Was it $200K+ per job?
sloopy on February 9, 2009 at 9:06 AM
Who else caught the latest Socialist media topic on “Bush’s” bail-out?
Cleveland, Memphis and Baltimore are going to sue their banks in town for having reversed red-lined discrimination in order to purposely take advantage of blacks by having loaned them mortgages (according to Federal law legislated by Democrats) in order to FORCE the blacks into bankruptcy and deprive the municipalities of property tax income.
Sue the banks for hording the bail-out money, but hardly for making the loans that federal law required they make.
Sue the specific legislators who sponsored the bills that became law and brought America to this economic situation. Teach those damned Congressional legislators PERSONAL LEGAL RESPONSIBILITY for what comes from what they write and vote into law.
maverick muse on February 9, 2009 at 9:07 AM
I think we essentially have to wait. Each action will bring a reaction. Things will begin to happen on their own. It seems there’s a few roads we’ll go down, but the ball seems to have been set in motion.
JiangxiDad on February 9, 2009 at 9:08 AM
I am betting some of the others are on their way to 1st period geometry class….
Branch Rickey on February 9, 2009 at 9:10 AM
I see that Senator Spineless is still getting plenty of playtime by the Obama media wing (MSM). When are conservatives going to take back the party? I think having McCain portrayed as our spokesman is equivalent to having Sharpton portrayed as the spokesperson for blacks.
Wine_N_Dine on February 9, 2009 at 9:11 AM
coin it
maverick muse on February 9, 2009 at 9:12 AM
FWIW: I e-mailed my worthless, SOS GOP senator Voinovich (Ohio) last week to say that now that he’s announced he’s retiring–and with little to lose–he ought to grow a backbone and go after ACORN and go after Chris Dodd for his ethical violations.
Ohio had many reported cases of ACORN-led voter-registration fraud, and yet my state’s political leaders seem dumbfounded by the entire situation. Sitting back and watching a group undermine democracy and the republic because you’re afraid to make waves. Now that’s a backbone.
Voinovich staffers, if you’re reading, your boss is a POS and you are too.
BuckeyeSam on February 9, 2009 at 9:15 AM
eh is a liberal Republican. You know, like Arianna Huffington and Andrew Sullivan.
//////////////////////////////////////////////
fiatboomer on February 9, 2009 at 9:17 AM
eh is a liberal republican. You know, like Arianna Huffington and Andrew Sullivan./
fiatboomer on February 9, 2009 at 9:18 AM
Isakson is voting against cloture & the bill itself!
Branch Rickey on February 9, 2009 at 9:20 AM
Off topic
The 16 illegal alien Mexicans trespassing on his property are suing Barnett for turning them over to the authorities. And a judge has denied his plea to have the case dismissed. Barnett has turned over 12,000 illegal aliens on his property to the Border Patrol who previously chose to neglect to patrol the border on his property.
He is being sued on the basis that he had his gun and dog with him on his property, and that he could speak Spanish.
maverick muse on February 9, 2009 at 9:29 AM
Now McCain gets a backbone?…lol.
Where was the backbone back in October of 2008? He voted for that cluster, which has led to this bigger cluster.
We should have picked a better candidate.
TheHat on February 9, 2009 at 9:30 AM
[eh says: "you all forget. mccain was unacceptable on the sole basis that he doesn’t share in the populist anti-mexican derangement."]
Such a pathetic distortion. Those who want our sovereign borders to actually be borders and want existing immigration laws enforced are somehow “anti-Mexican”? EH you should be ashamed of yourself for such a distortion of the facts/truth. The large majority of Americans understand that we need foreign workers and welcome them but the process of inviting them in should be legal and orderly. So for that belief we’re called anti-Mexican? So, EH, are you a member of La Raza? Darvin Dowdy
Darvin Dowdy on February 9, 2009 at 9:33 AM
I don’t agree – you may not like McCain, but the MSM still love him and consider him the arbiter of bipartisanship. That’s why he is so important here. They won’t give the time of day to any backbench House conservative. If there is one issue that McCain has nearly Absolute Moral Authority on, it’s pork barrel spending.
Obama completely blew it by not co-opting McCain at the outset. He must have thought McCain would be irrelevant to the media, or that he would be licking his wounds for several months and stay silent. Hell, I did too. I think we all expected McCain to play the good soldier and let the new President have his honeymoon. It’s fairly shocking that he isn’t doing it here.
rockmom on February 9, 2009 at 9:34 AM
What’s the GOP’s alternative again? Let everything crash and then rebuild? That’s pretty much all I’ve heard.
DeathToMediaHacks on February 9, 2009 at 9:35 AM
Specter, you dolt . . . wake up and stand on principle.
Men that stood on principle despite the risk and the dangers founded this country and weak, spineless appeasers like you will destroy it.
rplat on February 9, 2009 at 9:36 AM
Well, he took Hank Paulson and Ben Bernanke at their words. How was he to know that what seemed like a rational approach of buying up toxic mortgage-related assets would turn into a stupid partial nationalization of all the banks? I’m pretty sure McCain would never have voted for that.
We can thank Bob Rubin and Citigroup for this whole mess. The shift in the TARP was done completely to avoid allowing Citigroup to fail. Whatever Geithner announces tomorrow is another attempt to prop up Citigroup.
rockmom on February 9, 2009 at 9:38 AM
Does anyone have an answer to this question. They want to put through an 827 billion dollar stimulus this week. Now TARP II is on the way, why can they throw out the crap from the $H!t Sandwhich and just do another Tarp. WHy does it have to be both. You know we don’t get any say on the TARP, Why 2 peices of doodoo?
Brat4life on February 9, 2009 at 9:39 AM
Thank you, Helen Keller.
Jim Treacher on February 9, 2009 at 9:39 AM
Hogwash! That’s all you wanted to hear . . . although that is one viable alternative to this massive assault on our treasury and our liberty.
rplat on February 9, 2009 at 9:39 AM
DeathToMediaHacks on February 9, 2009 at 9:35 AM
Not surprised at all Hack… Republicans have their own version of this bill, but the networks you watch could care less, therefore no coverage or selected coverage.
Put a hold on or eliminate entirely the “capital gains tax.”
Put a hold on or eliminate entirely the “death tax.”
Lower the “corporate tax.”
Just for starters…
Keemo on February 9, 2009 at 9:40 AM
Go read the Republican substitute. It was offered and got 44 votes in the Senate. Republicans are not just sitting there saying “no, let the economy burn” despite Rahm’s talking points that you got this morning.
rockmom on February 9, 2009 at 9:40 AM
And a huge Bravo! to that.
Good points all, rockmom.
misslizzi on February 9, 2009 at 9:40 AM
Rockmom, the conservatives need a roaring lion, not a yelping dog that will sometimes growl to be fed. Since the Shamnesty debacle, I wouldn’t trust McCain to be dog catcher.
Wine_N_Dine on February 9, 2009 at 9:41 AM
Are you upset about this?
General Motors to Invest $1 Billion in Brazil Operations — Money to Come from U.S. Rescue Program
If this turns out to be true I want our government to strip every penny of bailout money from GM and let them goes down the tubes. I don’t care about jobs in Brazil. I want my money spent in the USA.
kanda on February 9, 2009 at 9:41 AM
“Let everything crash and burn, then rebuild”….hmmm isn’t that the agenda of the socialist takeover of the US?
Wine_N_Dine on February 9, 2009 at 9:42 AM
Biddeford Office (207) 283-1101 – Susan Collins office that is actually answering.
Branch Rickey on February 9, 2009 at 9:44 AM
“He was just the wrong guy” yes he was the wrong guy. 8-10% of the base stayed home rather than vote for Captain McNumbnuts.
We have to stay on the lame brains that support this by pouring on the faxes, email and phone calls.
We have to get our neighbors to call fax and mail them…
dogsoldier on February 9, 2009 at 9:45 AM
How’s that Algebra class going?
Branch Rickey on February 9, 2009 at 9:45 AM
Never going to happen. GM is done here. The only way I see them surviving is overseas. With the union and all it wont happen. The government will keep them afloat til they crash the hard way.
Look at the money they are giving to illegals. The government no longer cares about WE THE PEOPLE as a US CITIZEN.
Brat4life on February 9, 2009 at 9:46 AM
I see your point, but the thing is that McCain can get the MSM’s attention right now, and he is representing us and our views in this battle.
Haley Barbour may be the guy you are looking for. I saw him on Neil Cavuto’s show last night saying he won’t take any of the money for the states if there are strings attached, and that there needs to be more tax relief for business and less spending on liberal wish lists. The GOP governors need to be speaking up on this too.
rockmom on February 9, 2009 at 9:47 AM
You are a liar. The Dems are misrepresenting a social-spending bill as a stimulus package. I can certainly see some sense in infrastructure spending. But the bells and whistles added on are absurd. And the nonsense that was added to begin with? Are you kidding me? It was so overwhelming that they, first, needed to yank out the sh*t just to begin engaging in the serious discussion. You Dems want to make the country in the utopia of everyone being employed as a municipal worker, be my guest. You have two years, four years if you make it through mid-terms to do it, but don’t call this a targeted spending package. That’s intellectually dishonest.
And for starters, how many times have Republicans argued for a lower corporate tax rate. Do you think you be seeing such layoffs if the top rate were 20% or 25% rather than 35%? It’s better to keep people employed than to pay them unemployment benefits.
The GOP is saying no because someone has to be the adult and do so.
BuckeyeSam on February 9, 2009 at 9:48 AM
I noticed that he showed up too. He must have an 8:00 class that he has to make.
BuckeyeSam on February 9, 2009 at 9:50 AM
Our alternative is tax cuts, both for individuals and for corporations.
Eliminate the death tax.
Cut the corporate rate.
Make capital gains taxes even lower.
Etc.
BTW, I’ve seen no real proof nor has any one really made a convincing case that the economy will crash or is crashing.
Cut out the Zerobama scare talk!
And we can rebuild and will–we’ve done it before.
But we can’t do it with a $1-9+ trillion debt hanging around the necks of those of us who pay taxes.
Jenfidel on February 9, 2009 at 9:53 AM
Any coincidence that Specter is from the same PA as John Dickinson
who would not sign-off on the Declaration of Independence?
August 2, 1774 – November 7, 1776
Branch Rickey on February 9, 2009 at 9:55 AM
If you are trying to use this as a point for McCain’s “strength” then I am going to have to quote Humphrey Bogart in Casablanca,
My four year old nephew would know better not to take Hank Paulson and Bennanke at their word!
Branch Rickey on February 9, 2009 at 10:06 AM
I’m with you here. I find Obama’s scare talk extremely un-American and extremely un-Presidential. Neither Obama nor the federal government is answer to our problem. What is within our control is what lies within us all. And singling out Democratic constituencies for lollipops is not going to help a damn thing.
Branch Rickey: I love the screen name. I read a Jackie Robinson biography when I was 10. Ever since, Robinson has been my favorite baseball player, and Branch Rickey has been my favorite baseball executive. Rickey certainly never experienced Robinson’s hell, but it took guts to buck the system when he did.
In a column last March, the same weekend the Wright footage caught fire, Columnist Walter Williams wrote a column in which he lamented that blacks really needed a Jackie-Robinson type presidential candidate to break that color line and that Obama was no Jackie Robinson. And Williams was absolutely right. Robinson was the real deal; Obama just happens to be black, which was enough for many swing voters.
BuckeyeSam on February 9, 2009 at 10:07 AM
Brat4Life — General Motors to Invest $1 Billion in Brazil Operations — Money to Come from U.S. Rescue Program.
Most Democrats drive foreign cars and don’t check the place of manufacture any more than anyone else. The GM money was just a sop to the UAW and a few other unions and everyone knew it.
I have a Chinese girl visiting now and that whole country sounds as motivated as we were in 1940 or 1950. At $52 a month.
She hasn’t mentioned it but an article pointed out that the Chinese have late 1800′s style capitalism while we are moving to post WWII Eurosocialism. And look at the Olympics and the cars they drive.
Where is this going?
IlikedAUH2O on February 9, 2009 at 10:09 AM
ROFLMAO!
Branch Rickey on February 9, 2009 at 10:13 AM
Bank Of America gave Acorn 2 million of their bail out money. Which is our money!
Kanda, the link won’t open up. I know that Ford has a huge plant in Brazil. Haven’t heard of GM having a plant there. Because of the regulations here in the US, Ford built their Factory in Brazil. It isn’t Union either. The link just worked! GM got some of our money where Ford Didn’t yet. With this Crap Lie about Global Warming it will take more jobs out or our Country. Until a lot of Americans start speaking up about the greatest lie of Gore. We will be more miserable and ran like Robots from the Government.
sheebe on February 9, 2009 at 10:21 AM
This came in my email from The Paula Peck Team. Is a Broker/Real Estate company.
Last Week in the News
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On Monday, February 2, the Institute for Supply Management said its manufacturing index rose in January to 35.6, up from a record low of 32.9 in December. Any reading below 50 signals contraction. Economists had expected a reading of 32.6.
The National Association of Realtors (NAR) reported that its pending home sales index, a forward-looking indicator based on contracts signed, rose 6.3% to 87.7 in December 2008. NAR chief economist Lawrence Yun said the index shows a modest rebound. “The monthly gain in pending home sales, spurred by buyers responding to lower home prices and mortgage interest rates, more than offset an index decline in the previous month,” he said.
The Commerce Department reported total construction spending fell 1.4% in December, more than the 1.2% decline economists had expected. It was the third consecutive monthly decline. In 2008, construction spending fell by a record 5.1% compared to a decrease of 2.6% in 2007.
Consumer spending fell 1% in December after a 0.8% decline in November. This marks a record sixth consecutive monthly decline in consumer spending. For the year, consumer spending rose by 3.6%, the smallest annual increase since 1961. On a positive note, the savings rate rose to 3.6% in December. That was the highest level since tax rebate checks pushed the rate up to 4.8% in May 2008.
On Thursday, the Labor Department said new applications for unemployment benefits rose last week to a seasonally adjusted 626,000 from a revised figure of 591,000 the previous week. Economists had anticipated a reading of 583,000.
On Friday, the Labor Department reported that the nation’s unemployment rate increased to 7.6% in January from 7.2% in December. Businesses cut 598,000 jobs in January, the biggest monthly decline since December 1974.
In other economic news, the Commerce Department said factory orders declined by 3.9% in December, a record fifth straight drop.
Upcoming on the economic calendar are reports on retail sales on February 12 and consumer sentiment on February 13.
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sheebe on February 9, 2009 at 10:23 AM
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