March 23, 2010
— Ace Obama and Pelosi and Reid keep telling us that "every economist" says the stimulus worked. I guess this guy isn't an economist, then, despite being a professor of economics as the U of C, Irvine.
"Where does the money come from?" he keeps asking. Obama & Co. don't seem to find this an interesting question.
Thanks to rdbrewer.
Posted by: Ace at
10:34 AM
| Comments (119)
Post contains 68 words, total size 1 kb.
Where's the money come from? Obama's stash, baby! O-bam-a! O-bam-a!
Repeat until the rats eat you.
Posted by: Joanna at March 23, 2010 10:36 AM (7+WuG)
Posted by: MDr VB1.0 CS1st at March 23, 2010 10:37 AM (ucq49)
Posted by: grognard at March 23, 2010 10:39 AM (v0kvW)
Posted by: Proud and Loud 52%er at March 23, 2010 10:40 AM (CfmlF)
They can distort the data and lie, but the economy is tangible and people closely interact with the economy on a daily basis.
The Democrats can talk the economy down, to some extent. But there is no way to 'talk up' an ailing economy. The shit just don't fly.
Posted by: This is Amy Fishop, the killer whale who gets away with murdah! at March 23, 2010 10:41 AM (uwz28)
One wonders, what are the democrats doing? Options:
1. The democrats are so economically clueless, they actually believe their way actually works (Keynesian/Krugman/Tax and Spend-o-rama)
2. The democrats know they are economically devious and wrong, but are doing it on purpose to bring down a once great nation and make it ripe for full-on socialist/communist/quasi-fascism with a mega-centralized government THEY control.
3. Are so blinded with their emotional arguments, that economics is foreign to them, so they have nothing to turn to but their old failed left-wing ideology.
4. Assholes. We are cornhuckered.
Posted by: Lemon Kitten at March 23, 2010 10:41 AM (0fzsA)
Posted by: beedubya at March 23, 2010 10:41 AM (AnTyA)
Posted by: Filly at March 23, 2010 10:42 AM (onwJ3)
You see? This is what happens when experts don't have peer reviewed data. He would have made a terrible climate scientist.
Posted by: Hussein the Plumber at March 23, 2010 10:42 AM (RkRxq)
Posted by: IllTemperedCur at March 23, 2010 10:43 AM (I/MqP)
Posted by: The Prosperity Montage at March 23, 2010 10:43 AM (sPO/s)
Please, stop with the "lets hope the democrats don't fuck us over"
Senate Democrats + Biden = they will fuck us over with more taxes today. WATCH.
I wouldn't be surprised if the corrupt, rule-breaking lawless assholes shoved "single payer" back in there.
Posted by: Lemon Kitten at March 23, 2010 10:43 AM (0fzsA)
"No Justice, no peace!"
Should be co-opted for rolling back ObamaCare. Watching the libtards heads explode is just an added benefit.
Posted by: MDr VB1.0 CS1st at March 23, 2010 10:44 AM (ucq49)
Posted by: taylork at March 23, 2010 10:44 AM (0Hn5w)
Posted by: Hedgehog at March 23, 2010 10:45 AM (oQIfB)
Posted by: This is Amy Fishop, the killer whale who gets away with murdah! at March 23, 2010 10:45 AM (uwz28)
I hope the AG answered back -"we are trying to save states from the highest tax increase in history"
Utah tax payers will have to come up with 167,000 per hour for ObamaCare.
Posted by: Lemon Kitten at March 23, 2010 10:46 AM (0fzsA)
"asked the AG of Utah how he could have the nerve to waste the taxpayers money on the lawsuit he and 12 other AG's file against this piece of shit"
Shuster's sorta got a point. I mean, in a few years, taxpayer money is gonna be in real short supply...
Posted by: reason at March 23, 2010 10:47 AM (sPO/s)
21 The Swiss are set to ban violent video games, and somewhere an American member of the Congreso just got another idea as to how to run our lives.
I think they've already had that idea. Remember Grand Theft Auto: San Andreas and the "Hot Coffee Mod" controversy?
Posted by: Kratos (missing from the side of Mt Olympus) at March 23, 2010 10:47 AM (9hSKh)
The money's going to come from the printing press eventually, as China and everybody else aren't going to pay for our self-destruction.
At least in the end, there will be only financial chaos.
Posted by: Kratos (missing from the side of Mt Olympus) at March 23, 2010 10:48 AM (9hSKh)
Where does the money come from?
From China? duh. Hello? hello? McFly? but yes, someday China is gonna call their markers in. What, are we going to give them Alaska?
Posted by: I R A Darth Aggie at March 23, 2010 10:49 AM (1hM1d)
IIRC, Kratos, that was largely backed by social-conservative Republicans. So, you know...entirely different.
Posted by: reason at March 23, 2010 10:49 AM (sPO/s)
Everyone knows that it isn't working because the giant African snails ate all the money AND the broken windows.
But the Keynesian Kommies want to fix it by buying more and more snails with Chinese money!
Posted by: Vic at March 23, 2010 10:50 AM (QrA9E)
Posted by: MostlyRight at March 23, 2010 10:50 AM (0aCXd)
Posted by: Filly at March 23, 2010 02:42 PM (onwJ3)
Cease and desist!
Posted by: the ObamaCare Czar at March 23, 2010 10:50 AM (Vu6sl)
Posted by: Democrats at March 23, 2010 10:51 AM (9B5OK)
"At least in the end, there will be only financial chaos."
If we only wind up with a double dip recession, the second being worse, we'll be lucky. I wish I'd paid more attention to how many grandmothers canned food from their gardens.
Posted by: MDr VB1.0 CS1st at March 23, 2010 10:51 AM (ucq49)
From stupid F**kers like myself who actually work for a living and pay taxes.
Posted by: mpfs at March 23, 2010 10:52 AM (iYbLN)
FIFY. This government is resembling an African Kleptocracy more and more every day.
Posted by: taylork at March 23, 2010 10:52 AM (0Hn5w)
I am only partially joking about this, the money is no longer real it is only bits and bytes on a server, easily manipulated as is evidenced by the stock market over the last year.
Oh yeah, and would they stop using "unexpectedly" in regard to sales dipping and declines in the housing market? I would vote for the word "ironically" instead.
Posted by: ParanoidGirlInSeattle at March 23, 2010 10:53 AM (RZ8pf)
Posted by: Filly at March 23, 2010 02:42 PM (onwJ3)
Cease and desist!
Posted by: the ObamaCare CzarWhat kind of icing?
Posted by: mpfs at March 23, 2010 10:53 AM (iYbLN)
Posted by: ParanoidGirlInSeattle at March 23, 2010 10:54 AM (RZ8pf)
Posted by: Filly at March 23, 2010 02:42 PM (onwJ3)
Cease and desist!
Posted by: the ObamaCare CzarWhat kind of icing?
It would be best with some spotted dick.
Posted by: taylork at March 23, 2010 10:54 AM (0Hn5w)
Posted by: latest hysterical MSM meme at March 23, 2010 10:54 AM (gLSaO)
Posted by: Olliander at March 23, 2010 10:54 AM (6uiF7)
Answer: The Chinese
Posted by: mpfs at March 23, 2010 10:54 AM (iYbLN)
"What, are we going to give them Alaska?"
Good luck. By then, there will only be 48 states, The Republic of Texas, and Alaskastan.
The Chinese would probably want something a little closer, like maybe Hawaii? How many Macadamia nuts can you get in exchange for $Billions of debt?
Posted by: reason at March 23, 2010 10:57 AM (sPO/s)
Posted by: EC at March 23, 2010 10:57 AM (mAhn3)
I travel to China occasionally and when I do i usually start reading up. There is a pretty strong sentiment in China that wherever their people go, they are still Chinese, and in fact are expected to take over the land eventually [they will have to fight the Mexicans for CA though] They figure the Eastern half of Russia is theirs, parts of Africa, and long term even West Canada and CA.
This is no joke -- the military plans on it. [In fact, I have met dozens of Chinese techies going back to the 80's that do side work for Chinese companies or gov. (probably stealing technology,...)]
But the joke is on them,.. we turned all their comrades into fucking pinkos while over in the mother land they still are hard and obedient. If they ever take CA it will bankrupt China too.
Posted by: nine coconuts at March 23, 2010 10:58 AM (DHNp4)
Posted by: Truman North at March 23, 2010 10:58 AM (e8YaH)
Posted by: Olliander at March 23, 2010 10:59 AM (6uiF7)
Fox News Poll: 79% Say U.S. Economy Could Collapse
The latest Fox News poll finds that 79 percent of voters think itÂ’s possible the economy could collapse, including large majorities of Democrats (72 percent), Republicans (84 percent) and independents (80 percent).
Most American voters believe itÂ’s possible the nationÂ’s economy could collapse, and majorities donÂ’t think elected officials in Washington have ideas for fixing it.
Moreover, 78 percent of voters believe the federal government is "larger and more costly" than it has ever been before, and by nearly three-to-one more voters think the national debt (65 percent) is a greater potential threat to the countryÂ’s future than terrorism (23 percent).
Posted by: the ObamaCare Czar at March 23, 2010 10:59 AM (Vu6sl)
Posted by: Jean at March 23, 2010 11:01 AM (tpEh1)
Posted by: reason at March 23, 2010 11:01 AM (sPO/s)
"If adding $200B to the economy will create X jobs, then won't removing that same $200B from the economy at some point in the future destroy X jobs"
There's jobs and there's Jobs. Cut the $ going to support govt agencies and their bloated overpaid staffs.
Posted by: MDr VB1.0 CS1st at March 23, 2010 11:02 AM (ucq49)
Posted by: ParanoidGirlInSeattle at March 23, 2010 11:03 AM (RZ8pf)
Solid, common-sense ideas that are framed as methods for preventing the collapse of the economy will get a lot of traction.
Posted by: grognard at March 23, 2010 11:03 AM (v0kvW)
Instead, they get it by engaging in politically desirable activity.
Wealth is the result of economic coordination among people. Wealth is increased when the degree of coordination increases. People get richer when they are better able to coordinate their economic activity (production and consumption) with the economic activity of everyone else on the planet.
This can ONLY be achieved by a more appropriate division of labor, which is very hard to do when you are attempting to coordinate the daily lives of billions of people, most of whom don't even live here in the U.S.
The only way to better coordinate economic activity is through prices. Prices are signals to production and consumption. They tell everyone what kind of work is economically valuable, and what kind of work is an economic loser.
Injecting money into an economy (regardless of whether it's borrowed money, or stolen money, or found money, or imaginary money) is not a form of economic productivity. It can never tell people which activities are more, or less, economically desirable.
In fact, injecting this Monopoly money merely confuses people. It deceives them. It distorts the information in the price signals. It increases the noise level. As a result, people become even less economically coordinated with each other. Productivity decreases. Errors in investment and consumption increase. Things get worse.
Does Obama know this? I presume he does, and that he wants things to get worse.
Posted by: Phinn at March 23, 2010 11:04 AM (ng2aU)
Cream cheese. Had to go directly to the hard stuff.
Posted by: Filly at March 23, 2010 03:03 PM (onwJ3)
NO STINTS FOR YOU!
Posted by: ObamaCare Nazi at March 23, 2010 11:05 AM (Vu6sl)
"Solid, common-sense ideas that are framed as methods for preventing the collapse of the economy will get a lot of traction."
Like repealing ObamaCare! Put the pieces together. Package it. Sell it!
Posted by: MDr VB1.0 CS1st at March 23, 2010 11:05 AM (ucq49)
Posted by: John Kerry at March 23, 2010 11:05 AM (gLSaO)
Why the Stimulus Isn't Working
Pretty easy if you ask me--people aren't going to the correct website number Joe "the BIG fucking deal!" Biden gave to us
Posted by: laceyunderalls@gmail.com at March 23, 2010 11:06 AM (pLTLS)
Cream cheese. Had to go directly to the hard stuff.
Posted by: Filly
When I'm really bad I get the Betty Crocker vanilla frosting right out of the can put it on graham crackers and chase it down with some Pinwheel cookies. Then my sister and I go into the forest to die.
Posted by: mpfs at March 23, 2010 11:06 AM (iYbLN)
My cat's breath smells like cat food.
Posted by: Pelosi at March 23, 2010 11:06 AM (GQwdV)
My cat's breath smells like cat food too!
Posted by: Reid at March 23, 2010 11:07 AM (GQwdV)
Posted by: CDR M at March 23, 2010 11:07 AM (cvmTR)
For lunch, I sliced a Twinkie lengthwise and nestled one of those "ham & cheese" hotdogs into the soft embrace of the cream. I then secured the thing shut with a couple strips of bacon and cooked it over an open campfire.
Dust it with powdered sugar and dip it in raspberry jelly. I'm calling it the Monte Nabisco.
Posted by: reason at March 23, 2010 11:07 AM (sPO/s)
"We'll make it all back with carbon trading."
Heard the Fwench just rejected it. Until all EU countries sign the suicide pact.
Posted by: MDr VB1.0 CS1st at March 23, 2010 11:07 AM (ucq49)
Posted by: Barry at March 23, 2010 11:08 AM (v0kvW)
Icing in a can?
Creme cheese icing is just butter, powdered sugar, creme cheese, and vanilla if you don't mind the beige color.
I know it is bad, but there is never any excuse to eat icing out of a can.
Posted by: nine coconuts at March 23, 2010 11:09 AM (DHNp4)
My cat's breath smells like filet mignon. Suck it America.
Posted by: Teh O at March 23, 2010 11:09 AM (GQwdV)
You are lucky you are getting lunch. I've got to work right through it. Why I do this I don't know.
Posted by: mpfs at March 23, 2010 11:09 AM (iYbLN)
Posted by: CDR M at March 23, 2010 11:11 AM (cvmTR)
Posted by: t-bird at March 23, 2010 11:11 AM (fu4XT)
Posted by: CDR M at March 23, 2010 11:12 AM (cvmTR)
Posted by: Albus at March 23, 2010 11:12 AM (OaRvZ)
Posted by: mpfs at March 23, 2010 03:12 PM (iYbLN)
I'd say death but not even that as you'll still have to pay a tax on that too.
Posted by: CDR M at March 23, 2010 11:13 AM (cvmTR)
Here's news. The economy is going to collapse. Even without TARP, Porkulus and Free Healthcare for Everyone Wheeeee!, the federal budget was headed for the cliff. Last month Social Security started demanding that the federal government repay its IOUs. This means two things: (1) the federal government will no longer be able to support its deficit spending by scooping big gobs of cash out of the Social Security "trust fund" *cough*, and (2) now the federal government will have to start funding the monstrous Social Security entitlement out of its own revenues. In other words, Social Security just flipped from gigantic cash cow to a small but growing leech on the federal budget. Worse, it is demographically inevitable that the small leech will become huge in short order, eventually growing larger than its host.
Ans this is before Comrade Zero worked his magic on the budget by spending more money in a shorter time than any ruler in history.
Are the Chinese going to lend us money to cover Social Security and ObamaCare? Nope. They see where this is headed and they've already been sounding the alarm. Are Americans going to lend the money? Not likely, since few will have any income in the Obama Economy.
My advice: invest in companies that make printing presses and wheelbarrows. In the New Weimar Republic, these will be quite valuable.
Posted by: Cassandra, The Voice of Doom at March 23, 2010 11:13 AM (QKKT0)
Posted by: Barry at March 23, 2010 11:14 AM (v0kvW)
Posted by: CDR M at March 23, 2010 11:15 AM (cvmTR)
I made my deadline with ten minutes to spare. These bastards are lucky to have me.
Posted by: mpfs at March 23, 2010 03:14 PM (iYbLN)
I have found that my best work gets done right before the deadline. Did you have to chew bubblegum again?
Posted by: CDR M at March 23, 2010 11:16 AM (cvmTR)
Posted by: Jean at March 23, 2010 11:17 AM (tTdaQ)
Posted by: mpfs at March 23, 2010 11:18 AM (iYbLN)
Posted by: Jean at March 23, 2010 03:17 PM (tTdaQ)
Move there?
Posted by: CDR M at March 23, 2010 11:18 AM (cvmTR)
Is anything?
Prozac for all conservatives (medicate them into submission!) and gender reassignment surgeries.
Posted by: laceyunderalls at March 23, 2010 11:20 AM (pLTLS)
Posted by: CDR M at March 23, 2010 11:22 AM (cvmTR)
Posted by: Vic at March 23, 2010 11:23 AM (QrA9E)
Posted by: mpfs at March 23, 2010 11:24 AM (iYbLN)
Posted by: CDR M at March 23, 2010 11:24 AM (cvmTR)
Prozac for all conservatives (medicate them into submission!) and gender reassignment surgeries
They'll have to come up with something better than prozac. Heroin, maybe.
Posted by: huerfano at March 23, 2010 11:24 AM (gLSaO)
Posted by: CDR M at March 23, 2010 11:25 AM (cvmTR)
Mexican Black Tar maybe or since we are in Afghanistan anyway....
Posted by: mpfs at March 23, 2010 11:25 AM (iYbLN)
Posted by: CDR M
It doesn't intensify ALL affects. IYKWIMAITTYD
Posted by: mpfs at March 23, 2010 11:27 AM (iYbLN)
Not to worry lacey. I'm under a good doctor's care. He knows what he is doing and I'm no fool...not anymore anyway.
Posted by: mpfs at March 23, 2010 11:28 AM (iYbLN)
Which is precisely what makes it so very awesome.
Posted by: Filly at March 23, 2010 11:35 AM (onwJ3)
It says that on my Metoprolol but you can't intensify the effects of a blood pressure reducing agent too much before you are in trouble.
Posted by: Vic at March 23, 2010 11:37 AM (QrA9E)
Posted by: Vic at March 23, 2010 03:37 PM (QrA9E)
true dat.
Posted by: CDR M at March 23, 2010 11:42 AM (cvmTR)
Are the additional funds collected in taxes prior to the payouts actually starting under this "plan" going into a lockbox like social security collections?
Posted by: ed at March 23, 2010 11:44 AM (Urhve)
Yes. The problem is Bernie Madoff was designated to hold the box for safe keeping.
Posted by: Purple Avenger at March 23, 2010 11:48 AM (wQK6L)
99 Never had valium. Is it as good as they say?
It made my high school geometry class a lot more entertaining.
Posted by: April at March 23, 2010 11:59 AM (b0THY)
Posted by: reason at March 23, 2010 12:03 PM (5npD/)
Posted by: PJ at March 23, 2010 01:04 PM (pizFh)
Posted by: Boots at March 23, 2010 01:53 PM (06JTY)
Posted by: Andy Rand at March 24, 2010 10:41 AM (mhD2v)
It is either Keynesianism of the most abject form, or Cloward-Piven in action. After the SOTUS, during which the President used Alinsky Rule #13 on the Supreme Court justices present, I had enough evidence to decide it's the latter.
Google 'IRS 60 pump shotguns' and see what you think. They are working Plan B already.
Posted by: Thorvald at March 24, 2010 10:46 AM (R8hQk)
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Posted by: MDr VB1.0 CS1st at March 23, 2010 10:35 AM (ucq49)