That's the problem. They have to borrow the money from other countries. If they keep printing money like its going out of style, our money will have no value and you'll be taking a wheelbarrow full of money to buy a loaf of bread...if you can find a loaf of bread.
As you say, what part of that don't you understand?
As you may have heard the Bush Administration said each and every one of us would now get a nice rebate. If we spend that money at Wal-Mart, all the money will go to China. If we spend it on gasoline it will all go to the Arabs, if we purchase a computer it will all go to India, if we purchase fruit and vegetables it will all go to Mexico, Honduras, and Guatemala, if we purchase a good car it will all go to Japan, if we purchase useless crap it will all go to Taiwan and none of it will help the American economy.
We need to keep that money here in America, so the only way to keep that money here at home is to buy prostitutes and beer, since those are the only businesses still in the US.
It takes a lot of nerve telling anyone how to spend their money. That's why it is called "their" money, not yours!
but it is his money to spend as he chooses -
Yes, the economy is horrible, but that does not mean that the people that have money should not spend their money.
I happen to have more money than one of my sisters; however, I don't not spend my money because she cannot afford to spend any.
If he was not spending his personal money on what he chooses, he still would not be giving it to other people to buy cars and pay their mortgages!
Hello. So, the gov prints fiat money to spend
it's way out of this depression. Let's see if that works for your family.
You lose your job, you have no income, but you spend and spend on your credit cards, up to their max, all 25 of them, thousands of dollars in debt that you will never even be able to pay the interest on, and then the holders of your debt say pay up or we're coming after you, taking your home, everything you own, including your first born. What do you do then? Have you spent your way into prosperity or have you spent your way into bankruptcy?
I'm sure you are not trillions and trillions of dollars in debt, and you probably don't have any printing presses to counterfit monopoly money, but if spending your way to posperity will not work in your family, what makes you think it will work with the government? It can't without dire consequences.
ying yang......what....he couldn't pay for his own way to see his dear grandmama....you know....the one he called a typical white person. To critical Palin's clothing expense, etc. and not look at what the others are spending as well is wrong.
BTW, who is paying for Obamarama's 2 million dollar party in Chicago come election day?
CBS follows Obama's Money...
http://www.youtube.com/watch?v=86RAp_iuhOQ
and Obama has money to burn
AP) Democratic Sen. Barack Obama has raised $7.2 million for his presidential campaign since the first polls closed on Super Tuesday night, his campaign said Thursday, a remarkable figure that is causing concern among supporters of Sen. Hillary Rodham Clinton.
Meanwhile Thursday, the Clinton campaign asked Obama to debate once a week, but he demurred.
Obama, riding a wave of fundraising from large donors and small Internet contributors, also raised $32 million in January.
Clinton acknowledged Wednesday that she loaned her campaign $5 million late last month as Obama was outraising and outspending her heading into Feb. 5 Super Tuesday contests. Some senior staffers on her campaign also are voluntarily forgoing paychecks as the campaign heads into the next round of contests.
Obama and Clinton outpaced all candidates in 2007, with each raising $100 million.
The Obama campaign said on its Web site that $7.2 million has been received since Tuesday evening. Campaign spokesmen said they were confident the figure was accurate.
Buoyed by strong fundraising and a primary calendar in February that plays to his strengths, Obama plans a campaign blitz through a series of states holding contests this weekend and will compete to win primaries in the Mid-Atlantic next week and Hawaii and Wisconsin the following week. Obama might not take lobbyist money...
but his VP certainly does.
Joe Biden’s lobbying ties
August 23, 2008
By Ed Morrissey
HOT AIR - How thoroughly did Barack Obama vet Joe Biden? After months of demonizing lobbyists, Obama selected a running mate who has taken millions in contributions from those same lobbyists Obama supposedly eschewed, at least until the DNC started running out of money. In fact, Biden’s son works as a lobbyist on Capitol Hill, accruing the kind of earmarks that Obama has both decried and pursued:
Biden has accepted $5,133,072 in contributions from lawyers and lobbyists since 2003. Obama does not accept contributions from federally registered lobbyists.
And he has one other weakness that hasn’t received much attention to date. One of Biden’s sons, Hunter, is a registered Washington lobbyist in a year in which Obama has been excoriating lobbyists and the culture of corruption in Washington. The younger Biden is a name partner at the firm Oldaker, Biden & Belair, LLP, and seems to have specialized in lobbying for just the kind of earmark spending by Congress that Obama has vowed to slash.
Also expect to hear more about Biden’s close ties with credit card companies. His largest contributor (based on total contributions by employees) over the past five years has been MBNA, the Delaware-based bank aquired in 2005 by Bank of America than until then was the world’s largest independent credit card issuer and a major supporter of the 2005 bankruptcy bill that Biden crossed the aisle to support.
Once again, I want to point out that lobbying is a Constitutionally protected exercise. The First Amendment gives Americans the right to petition Congress, and nothing prohibits or even discourages citizens from organizing in that effort to harness the power of numbers. Run ethically, the practice of lobbying fills an important role in politics.
Of course, I’m not the one declaring lobbyists persona non grata in the Democratic Party. That was Barack Obama, who declared just two months ago that lobbyists would not fund “my party”:
The Democratic National Committee will uphold the same standard: We will not take a dime from Washington lobbyists or special interest PACs. … They will not fund my party!
Take a look at the top five industries that donate to Biden as well:
Lawyers/law firms
Real estate
Retired
Securities & investment
Miscellaneous finance
Real estate and miscellaneous finance — wouldn’t that figure into the credit crisis and the housing market collapse?
It looks like Obama didn’t just throw Hope and Change under the bus, but himself right along with it. Whether this is hypocrisy or incompetence, it’s stunning either way.
Anyone actually looked at the money Obama wants
nm
Obama money uncensored.
The portraits appearing on the various denominations of US currency has not been revised since 1929 when there were 12 denominations, but 2 of those did not feature former US Presidents (Ben Franklin on the $100 bill and Salmon Chase, US Secretary of the Treasury under Lincoln on the $10,000 bill).
Since then, the $500, $1000, $5,000, $10,000 and $100,000 notes have been taken out of circulation, last printed in 1945 and discontinued in 1969, although the $5000 and $10,000 had effectively disappeared long before then. That leaves only 7 denominations currently in circulation.
Treasury Department records do not reflect the reasons these 7 statesmen were selected. By law, only the portrait of a DECEASED individual may appear on US currency and notes. That would eliminate Obama, at least for the time being.
In the unlikely event that the treasury should issue higher denominations in the future, the next one up for release would be the $500 note, unless they opt for an amount that does not follow the previous denomination sequence. Obama is taking our money... you would be
nm
Nigeria seizes money for Obama...
Nigerian anti-graft investigators have seized money raised by the head of the Nigerian Stock Exchange to support US presidential candidate Barack Obama.
The Economic and Financial Crimes Commission said it would give the money back to those who attended a gala dinner in Lagos last month.
The EFCC said it had seized 74m naira ($630,000, £314,000), but said no Nigerian laws had been broken.
US political parties are not allowed to receive contributions from abroad.
"I think at this point there needs to be a focus on an immediate increase in spending and I think this is a time when deficit fear has to take a second seat . . . I believe later on there should be tax increases. Speaking personally, I think there are a lot of very rich people out there whom we can tax at a point down the road and recover some of the money." -- Barney Frank, October 20, 2008
Neither can I. I'm going to spend it
x
He never seems to explain how he will spend the
nm
SHE did not spend it, GOP did. - see message
I take great issue with the fact that we have some serious problems in America (unemployment/lost jobs, housing crisis, war, etc) and everyone is focused on where and how much was spent on Palin and families clothes. Hooey is what I say! (sorry don't know how to spelly hooey(who-ee)). Everyone is focused on money. Money, money, money. That's all anyone cares about. Obama is picked and everyone is praising the democratic choice because he is not someone who has been in Washington for centuries like the other. Palin is picked and republicans are critized that she has not been around for centuries. Obama has no experience and that's okay "we need a fresh face with new ideas". Palin is picked who has experience and people chose to ignore that. So everyone wants people who have money in the white house and she is critized for not having enough. Everyone is into the "image". Palin and her family do not live like the high-fallutin (sp?) washington beurocrats do. They don't spent thousands of dollars on clothing. But because "image" is what everyone wants, the GOP buys them clothes. God knows she's made fun of for everything else. She already answered the question. SHE did not buy clothes, etc for her and her family. The GOP did. She has no use for those clothes and they either have been or will be returned. As for people going after her to "verify" this. I think that story is a bunch of crapola! I don't believe it. I have not seen a credible source to verity they haven't returned the items. This is probably like that anonymous coward who is trying to stir up trouble by saying Gov. Palin lost the election for the republicans. Gov. Palin did not lose the election for them. McCain did that all by himself (and GOP for even picking him, and GOP for not picking a different VP candidate). If anything Gov. Palin held it together. Everytime he started diving in the polls she would get out and give speeches and the debate, and his poll numbers would go up. People loved Gov. Palin. Others were just bitter or hateful.
She never "stepped over the limits", because the GOP was the ones who determined that her family had to hold the same image so they did what they needed. The GOP knew very well people would not vote for someone who's family is a jeans & t-shirt type of family. Image. That's all that anyone cares about and if the McCain camp had any chance at all the GOP knew they had to present an image to the public.
She and her family gave everything back. It will be (or has been) verified. People need to stop focusing on this petty insignificant issue and lets move ahead. We will never make this country great if the democrats keep focusing on Gov. Sarah Palin and what has happened in the past. The democrats are always screaming at us stop looking in the past. I read somewhere that this is why the democratic party will fail. Because they don't look ahead, they keep focusing on Palin and keep preferring to kick her while she is down. Leave the lady and her family alone. They've gone back home and you will not have to see them or hear from them again.
LOL. SHE will spend too much in govt?
nm
Really? Then perhaps you should spend your time
reminding the posters who continue to say it ain't so, that Obama isn't really dropping those charges. Talk to them, the rest of us do not live in O land.
Totally against. You cannot spend and get
If you were in debt, what are you to do, I guess get more in debt. Then you beg your family and friends to bail you out and now you owe them plus your debt and it get worse and worse. Finally, bankrupt and could be out in the streets.
Well, isn't that what we are doing with Obama in office? Isn't that what we are doing with this stimulus, but now EVERYONE is involved?
By tomorrow, after this new TARP program comes out by our new treasury, we could be about 2 Trillion dollars in debt total, plus the 750 billion from the previous bailout. We need to pay off our debts and not create more!
I agree that cutting taxes may not have helped, but I believe some of us who are in this mess have done it to ourselves (me included). Some wanted a fancy car, better house, nicer things and we bought and bought (not all of us) and now our nation is running and functioning by being in debt.
Took an 8 hour Crown Ministry class and it was incredible. They have a website and they recommend not to call a credit counselor, but to call one of them and guess what, IT IS FREE and they tell you what to say to your creditors and how to set up a budget plan. I am paying off all my debts no matter how hard I work and getting rid of a car and going by a strict budget.
I believe if this stimulus goes through the way it is by spending and spending, well, the ugly head of inflation will appear. I do not want my credit cards to rise to 30-40% interest or have the bank say, cough up the money honey, nor do I want to pay 12.00 for half gallon of milk.
You should take your two cents and spend it on
Badly needed, I'm afraid.
by your logic you think we can spend sm
our way out of debt???????
It has been my experience with 2 hospital jobs that I had, most of the women, probably 95%, were married and did not need to work. This is going back some 16 years, but it was reasonable back then. A lot of women I worked with talked about how they ocketed their pay in the bank and lived off the spouses pay and benefits.
Times have changed so much. I was a single, newcomer, who needed every penny I made because I lived week to week, but they would always vote down the benefits because they did not need them, and they always put me down all the time. Luckily, there were a few bright shining stars who were open, friendly, and helpful - who taught me SO much about transcription; but the majority, well, not so much.
Makes sense -- spend 500,000 to block all the lawsuits but not 12.00 for your BC. Where is everyone that was hollering about what was spent on Palin's wardrobe.
I heard a sobering statistic yesterday. Among republicans, only 18% of them support SP as a future party leader. I would not be pinning my hopes on her for 2012. Did you happen to notice how brilliant Obama's campaign organization was. That is what you will be up against in 4 years. I am suggesting that the party needs to figure out how to connect with voters between now and then. You have a wide split within your own ranks. Personally, I think they need to move their platform principles more to the center. You may have different ideas. You need to come up with some new blood, and it's not as though you do not have good candidates down ticket who deserve their party's attention in terms of lifting them up into the national spotlight. If you spend the bulk of your time focused on how much you hate Obama and think you can run a successful campaign based on smear, you will be stuck out again.
This in no way implies you should not question him, but if all you have is attacks and offer up no alternatives to policies you oppose, you are bound to repeat these election results in 2012. The party needs a makeover. For starters, a central theme might be nice. Here's a clue for you. Putting all you eggs in the right fringe basket and turning a blind eye to the electorate's desire for bipartisan cooperation and solution's oriented diaglog will lead you straight into the dead end you now find yourselves in.
No problem with checks and balances, but may I suggest you spend at least as much time checking your own party's out-of-control free fall?
Ah yes, governor Rendel, of the tax and spend branch...
of the Democratic party. I saw where Specter finally changed parties...only a formality, he has voted as a Democrat for years. Obama got elected and he wanted on the train...lol.
You must spend more time listening to talking heads Yeah, and his "viable plan" is only to spend trillions
nm
Yeah, lets spend billions, go into more debt while
nm
On vacation and not watching the news, thanks. I don't spend all my time sm
watching politics so I guess I missed it.
Charging is not spending money...it is spending someone elses money!
When you are debt free (as we are) THEN you spend money...anything else is just going into debt. I highly doubt he pays cash for anything.
Every hour you spend trashing O is one less hour
Just exactly what is it you think the nation needs to hear about? You are running your clock out on an empty tank of gas.
money was cut due to war
I have compassion for those affected by Katrina. It is Bush and his ilk that I have no compassion for. This article states that the money was cut in 2003 due to the war. That is why I posted it. Money has been cut to the states since Bush's war, we are strapped in many ways in America due to Bush's war. Open you eyes and see your president for what he is..a jerk, a low IQ imbecile, and for what he has done to America due to his war.
Money.........
Well, if they don't have money for birth control, they sure as shoot don't have it for a baby BUT in my neck of the woods, there are LOTS of illegitimate babies, mostly by mothers who started at 12, 13, 14 and by high school, had 2 or more. They even sit in school and brag about getting a bigger paycheck because they are pregnant again. Now, really, does that sound like someone who is interested in birth control in the first place? Some of these girls who get pregnant at 12 or 13 don't even think birth control. They usually get talked into sex by a guy several years older than them in the first place, and he is a loser anyway, and usually has fathered several babies already anyhow. And, belive me, most of these girls because of community experiences, already know where the clinics are and they can get there. They sure as heck don't have a problem getting there for all the free healthcare their child gets, usually in the ER on Friday and Saturday night because they are too lazy to get to the clinic through the week. Planned Parenthood isn't doing anything positive for them.
No, I would rather the money be used for ..sm
necessities for Alaska instead of asking the lower 48+1 to subsidize them.
The money that has gone to the war...
has been appropriated for that specific purpose. It was not just lying around waiting to be spent, so there is no reason to believe that if the war were not going on that amount of money would be spent elsewhere. That is not how the government works.
If the government did not help these institutions out, it would destabilize the economy which could trickle down to our banks and what little money we have in them. At least they learned from the fannie/freddie fiasco...when they gave the loan to AIG they kicked the top folks who ran it out, with no golden parachute and will oversee it...and in this case, finally...since it is a loan...if they stay solvent and pay it back the interest will benefit us all as it will go back into the coffers with the principal.
Exactly the kind of thing McCain has been talking about for years. Glad Bush finally listened.
yes, you can if it is your money..
I have done it already.
marks the location of current message within thread![Joe](http://www.againstobama.com/wp-content/uploads/joe_biden_lobbyists.jpg" "Joe")
