Topic: Deal announced on stimulus; weekend vote likely
no photo
Sat 02/07/09 06:04 PM
I can now assure you Fanta that you are mistaken as I have re read all of my posts. Feel free to guide me to them if you still think you can.

damnitscloudy's photo
Sat 02/07/09 06:21 PM
Why is all my tax money going to EVERYONE else in the world but its not helping me or where i live at all? I hope the whole congress and senate burst into flames for all this crap. rant

Fanta46's photo
Sat 02/07/09 06:45 PM

I can now assure you Fanta that you are mistaken as I have re read all of my posts. Feel free to guide me to them if you still think you can.


Perhaps you are right, but all you Republicans sound alike. It was an easy mistake to make...bigsmile

Drivinmenutz's photo
Sun 02/08/09 12:09 PM
Edited by Drivinmenutz on Sun 02/08/09 12:14 PM
someday people will once again have to take on their own responsibilities. Unfortunately it seems to be common to think that people in general are irresponsible, so the government (consisting of people), and the paxpayers (also people) have to take on the responsibilities of everyone. Sometimes people make mistakes. They must then pay a price.

Problem: government overspending and making connections with a very few private corporations caused us to adopt an unstable economic system, in which only way to keep it going is by spending more and more money every day for all eternity. So overspending led to the problem. The logic spending of more money we do not have is laughable on it's best day.

Spending excessive money last year would have been irresponsible. (Not going to point out that this was still a democratic congress then.) The bailout that passed was irresponsible. This stimulus is irresponsible. Enough said.



Fanta46's photo
Sun 02/08/09 12:34 PM
Driven,
What you suggest would lead to a depression the likes of have never been seen. Now, that would be irresponsible.

Obama has assembled a fine economic team of individuals from Universities to Washington.
Let's leave the economic thinking to the professionals..

damnitscloudy's photo
Sun 02/08/09 12:37 PM

Driven,
What you suggest would lead to a depression the likes of have never been seen. Now, that would be irresponsible.

Obama has assembled a fine economic team of individuals from Universities to Washington.
Let's leave the economic thinking to the professionals..


But they don't pay taxes O_O

Fanta46's photo
Sun 02/08/09 12:48 PM
LMAO

Fanta46's photo
Sun 02/08/09 12:59 PM
Not his cabinet Cloudy!

http://cosmos.bcst.yahoo.com/up/player/popup/?rn=3906861&cl=11903617&ch=4226716&src=news

Feb 6, 2009
A Band Of Outsiders

Earlier on Friday, President Obama announced a team of outside economic advisers to help boost an economy in a virtual free-fall.

The president signed an executive order creating the Economic Recovery Advisory Board, headed by former Federal Reserve Chairman Paul Volcker.

In a statement, the White House said the board will offer independent advice in regular briefings to the president, vice president and their economic team.

The White House said the board's initial focus will be programs to "jump-start economic growth."

Mr. Obama has already tapped Volcker, a top Obama adviser, as the leader of the high-profile panel of advisers. Members will include former Securities and Exchange Commission Chairman William Donaldson, TIAA-CREF President-CEO Roger Ferguson and Harvard University professor Martin Feldstein, who wrote a Wall Street Journal op-ed piece last year titled "John McCain Has a Tax Plan To Create Jobs."

Obama friend and campaign finance chairwoman Penny Pritzker also is on the board, as are two labor officials - Anna Burger of Service Employees International Union and Richard Trumka of the AFL-CIO.

Also named to the 15-member board:

John Doerr, Partner, Kleiner, Perkins, Caufield & Byers

Mark T. Gallogly, Founder & Managing Partner, Centerbridge Partners L.P.

Jeffrey R. Immelt, CEO, General Electric Co.

Monica C. Lozano, Publisher & Chief Executive Officer, La Opinion

Jim Owens, Chairman & CEO, Caterpillar Inc.

Charles E. Phillips, Jr., President, Oracle Corporation

David F. Swensen, CIO, Yale University

Laura D'Andrea Tyson, Dean, Haas School of Business at the University of California at Berkeley

Robert Wolf, Chairman & CEO, UBS Group Americas

http://www.cbsnews.com/stories/2009/02/06/politics/100days/economy/main4779506.shtml

AndrewAV's photo
Sun 02/08/09 01:31 PM

Driven,
What you suggest would lead to a depression the likes of have never been seen. Now, that would be irresponsible.

Obama has assembled a fine economic team of individuals from Universities to Washington.
Let's leave the economic thinking to the professionals..


but don't you think this should have been done and fully analyzed before jumping head-first into another $700B+ bill that nobody is sure will fix the economy? This is like holding a trial for a guy after you execute him.

Fanta46's photo
Sun 02/08/09 01:50 PM


Driven,
What you suggest would lead to a depression the likes of have never been seen. Now, that would be irresponsible.

Obama has assembled a fine economic team of individuals from Universities to Washington.
Let's leave the economic thinking to the professionals..


but don't you think this should have been done and fully analyzed before jumping head-first into another $700B+ bill that nobody is sure will fix the economy? This is like holding a trial for a guy after you execute him.


This was done back in November!

Fanta46's photo
Sun 02/08/09 01:54 PM
Edited by Fanta46 on Sun 02/08/09 01:54 PM
He created a similar team in Nov.
This time;
The president signed an executive order creating the Economic Recovery Advisory Board, headed by former Federal Reserve Chairman Paul Volcker.

More formal!
Different and yet the same!

Fanta46's photo
Sun 02/08/09 01:58 PM
Don't tell me you think he devised this plan on his own.
A man knows his limits. Well a smart man anyway, and Obama is not an economists.
He never claimed to be, but he is a leader, and leaders, well good leaders anyway, assemble qualified unbiased people around them.
Obama is a leader!

no photo
Sun 02/08/09 02:51 PM


Let's see. Monica Lozano is the Board Chair of the National Council of La Raza. Also, she is the publisher and ceo of La Opinion. La Raza is one of the organizations that promote illegal immigration. La Raza advocates total amnesty, driver's license, and voting rights for illegals. How could she possibly contribute economic expertise. Read some of La Opinion.
Ms Lozana was a board member Bank of America when illegal aliens got credit cards and loans.

Let's see. Penny Pritzker was board member of Chicago's Superior Bank. The bank's failure was due to mismanagement and irresposible subprime lending.


http://rationalliberty.com/index.php/2009/02/06/obama-announces-new-economic-recovery-advisory-board

Dragoness's photo
Sun 02/08/09 03:04 PM

Tough titty aye raider..


WASHINGTON – With job losses soaring nationwide, Senate Democrats reached agreement with a small group of Republicans Friday night on an economic stimulus measure at the heart of President Barack Obama's plan for combatting the worst recession in decades.

"The American people want us to work together. They don't want to see us dividing along partisan lines on the most serious crisis confronting our country," said Sen. Susan Collins of Maine, one of three Republican moderates who broke ranks and pledged their votes for the bill.

More here;
http://news.yahoo.com/s/ap/congress_stimulus


I hope something happens soon. I would like to see some of the fat cut out, the long term stuff needs to be examined to make sure it is necessary at this time and we need the money to be put into "right now" type things but other than that they need to act, things are getting bad out here. The job losses alone are scary.

Dragoness's photo
Sun 02/08/09 03:06 PM

Don't tell me you think he devised this plan on his own.
A man knows his limits. Well a smart man anyway, and Obama is not an economists.
He never claimed to be, but he is a leader, and leaders, well good leaders anyway, assemble qualified unbiased people around them.
Obama is a leader!


Versus a dictator like we had before of course....lol

Fanta46's photo
Sun 02/08/09 03:08 PM
Edited by Fanta46 on Sun 02/08/09 03:13 PM



Let's see. Monica Lozano is the Board Chair of the National Council of La Raza. Also, she is the publisher and ceo of La Opinion. La Raza is one of the organizations that promote illegal immigration. La Raza advocates total amnesty, driver's license, and voting rights for illegals. How could she possibly contribute economic expertise. Read some of La Opinion.
Ms Lozana was a board member Bank of America when illegal aliens got credit cards and loans.

Let's see. Penny Pritzker was board member of Chicago's Superior Bank. The bank's failure was due to mismanagement and irresposible subprime lending.


http://rationalliberty.com/index.php/2009/02/06/obama-announces-new-economic-recovery-advisory-board



Monica C. Lozano
Director
The Walt Disney Company
Burbank , CA
Sector: SERVICES / Entertainment - Diversified

Director , Bank of America Corporation
Charlotte , NC
Sector: FINANCIAL / Money Center Banks

52 Years Old
Monica C. Lozano, 52, is Publisher and Chief Executive Officer of La Opinion, the largest Spanish-language newspaper in the United States, and Senior Vice President of its parent company, ImpreMedia, LLC. In addition, Ms. Lozano is a member of the Board of Regents of the University of California and a trustee of the University of Southern California. She is a director of Bank of America Corporation and a director of the Weingart Foundation. Ms. Lozano has been a Director of the Company since 2000.


http://people.forbes.com/profile/monica-c-lozano/10045

Fanta46's photo
Sun 02/08/09 03:10 PM
Edited by Fanta46 on Sun 02/08/09 03:16 PM
Penny Pritzker chairs four major corporations: TransUnion, Classic Residence by Hyatt, Pritzker Realty Group and The Parking Spot. A business executive for more than 20 years, Penny Pritzker founded today's leader in luxury living for older adults and co-founded one of the fastest growing airport parking companies.

Penny Pritzker is dedicated to the arts and architecture, fitness and family, and improving the lives of young people. Penny Pritzker is involved with the Chicago Public Education Fund and supports a number of innovative initiatives related to education and health.

She is 135th on the Forbes 400 list of richest people in the world.

no photo
Sun 02/08/09 05:33 PM

Penny Pritzer
Her business career hit a bump in 2001, with the costly failure of Superior Bank FSB, a Chicago-area thrift that was seized by federal regulators after it ran into problems with subprime lending. The Pritzker family held a 50% stake, and Ms. Pritzker had been on the board of the bank’s holding company. Anxious to avoid further embarrassment and liability, the Pritzkers and their co-owner settled with federal officials by agreeing to pay $460 million over 15 years. Nearly all of the funds came from the Pritzkers. Ms. Pritzker says she regrets what happened.

Some critics of Sen. Obama have cited Ms. Pritzker’s role in the bank failure, arguing that it undermines the candidate’s criticisms of subprime lenders who target low-income borrowers.

http://amok.asianweek.com/2008/03/15/subprime-pritzker-pure-gold-for-obama/

This lady is the subprime mortgage queen. Despite the settlement, there are still individuals that are out of a lot of money.


Fanta46's photo
Sun 02/08/09 06:04 PM
Edited by Fanta46 on Sun 02/08/09 06:08 PM
Often we learn more from our mistakes than our successes.

This was 8 yrs ago and she isnt in jail so I assume she did make good on the mistakes she made and probably knows better than most how not to repeat them.

Maybe this is why she is the Economic Recovery Advisory Board.

no photo
Sun 02/08/09 06:15 PM

Often we learn more from our mistakes than our successes.

This was 8 yrs ago and she isnt in jail so I assume she did make good on the mistakes she made and probably knows better than most how not to repeat them.

Maybe this is why she is the Economic Recovery Advisory Board.


She is on the board because she is Obama's campaign finance chairperson......

http://amok.asianweek.com/2008/02/28/obamas-campaign-finance-chair-has-links-to-subprime-debacle/