Lots o’links

February 27, 2009 at 5:14 am Leave a comment

So I have been meaning to write about all these different things but alas a sick child at home kept me from getting the full story written. So I will do a few quick synopses just to get these done with so I can stay more current.

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Obama appointed Biden to administer the Stimulus Bill this week. I find this most curious since Biden is the one who said that there is a 30% chance the bill will fail. So obviously he has some doubts about this one. Part of me wonders if Biden is going to be the scape goat if it does fail. If he is the one overseeing it and it does not succeed will the blame fall more on him, or more on Obama?

Then there was the happening Address to Congress. Long – 52 minutes long. Beck had some great points to be made about saying what you mean, and meaning what you say. There are numerous instances where Obama said one thing was going to happen, yet in reality they are doing it anyway. The transparency is not there. The funding does not make any sense. Economists have been trying to crunch numbers about all these new programs that were mentioned and the costs are astronomical. Another interesting comment refers to the promise to cut the deficit in half by 2013. Stephen Moore commented in the same Beck interview shown below that, The Congressional Budget Office has also said that if nothing were done at all the deficit would fall by 70% in the same time span. But instead by spending an addition trillion dollars now, it will change to 50%. Here is the CBO estimate of the budget for 2009.

That’s all for now . . . . .

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Entry filed under: Economy, General. Tags: , , , , , , , .

Porkulus Poetry Is anything ever really Fair?

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