Thursday, July 09, 2009

Buffett: "Stimulus" Was Like Viagra

Here's another nugget of brilliance courtesy of Jason Pye's daily quote from Thomas Jefferson.

 

President Obama's approval index was at +30 two days after taking office.  Now he's at a -8.  You think Americans are starting to wake up?  LA Times blogger Andrew Malcolm hopes that old people who don't support Obama die before 2012.

 

This idea of a second "stimulus" just won't go away.  Warren Buffett said that the first "stimulus" was like Viagra and candy, and that we need a second one.  Pennsylvania Governor Ed Rendell says that the second "stimulus" needs to focus on jobs.  After the Obama administration sold the "stimulus" as something that would "create or save" 3.5 million jobs, and work quickly, you can count this as a failure on their part.  Of course, how do you create jobs if the money you're spending is going towards programs for urban outdoorsmen or if you're too busy using political considerations to divvy up the money rather than send it to where it is actually needed?  Apparently Obama isn't thinking about this.  He's too busy thinking about controlling you with cap-and-trade and socialist medicine.

 

When the chief economist at Morgan Stanley talks about an economic "train wreck," what do you think he's referring to?  Here's a hint:  he doesn't blame it on rich people.

 

Democrats have decided that they don't want to tax health care benefits after all, except maybe for the hated rich.  I like this idea that should cut costs on health care:  make members of Congress who vote for socialist medicine be the first customers.  It'll never happen then.  The Wall Street Journal says what I've told you all along:  the "public option" is a Trojan Horse.

 

Breathers have finally picked out the ideal temperature for the world:  two degrees Celsius above what it is now.  Set your personal thermostat accordingly, or they'll do it for you.  One of the things that could kill cap-and-trade is a debate over the effect on international trade.  At least one Democrat, Senator Robert Byrd, has blasted cap-and-trade because of the effect it would have on his home state of West Virginia.  Here are some details on that wonderful "retrofit" stuff that is included in the bill.

 

The United States Department of Agriculture is going to have the power to regulate all food sold in schools, including in vending machines.  Say good-bye to any food that the health Nazis don't like.

 

The AP is finally starting to realize that Obama's plans to raise taxes only on the hated "rich" are unrealistic.

 

The climate czar told auto industry executives to "put nothing in writing, ever" regarding CAFE standard negotiations.

 

Only in the peaceful, serene, loving, caring religion of Islam would a man be beaten, detained, and ordered to promise not to engage in immoral activities for the crime of walking on the beach with a woman.  This is another reason we should be supporting people who are protesting in Iran again.

 

Fifty black kids attack six white people while yelling "This is our world" and "This is a black world" and police aren't sure whether to call it a hate crime?  If the roles were reversed there would be no question about it.

 

The White House misspelled the President's name in a press release.  Don't you just love how competent this administration is?

 

About 9,300 state employees have taken or are scheduled to take furloughs this fiscal year.  They should have made the day of the Michael Jackson Memorial one of those furlough days, since nothing else got accomplished that day.  Of course, furloughs are the coward's way out.

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