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stimulus

George W. Bush’s Stimulus vs. Barack H. Obama’s – A Look Back

When Obama came into office, he faced the bursting of the housing bubble and a big recession. His answer was to respond with a stimulus package, mostly full of spending, but with some minor tax cuts thrown in for lip service. But his predecessor also came into office faced with a big recession and he also responded with his own stimulus package. Let’s take a look at the way both men handled the problems facing each. As I said above, let us remember why the Bush tax cuts even took place. When Bush & Cheney took office, they faced a […]

Obama’s Stimulus Package? We Are Still Paying For Obama’s Cronyism: Chrysler Plants in Mexico, Bankrupt ‘Green Energy’

America’s Great Recession officially ended a few months after Barack Obama was inaugurated President in 2009. With a Democrat majority in both houses of Congress, he had no problems getting approval for nearly $800 billion to “stimulate” the economy. More than four years later Americans are still waiting to see their economy stimulated. President Obama took the most pride in his “saving” of the auto industry and his investments in “green” technology. Let’s see how his entry into venture capitalism has worked out for those of us who footed the bill. Saving the Auto Industry Remember how President Obama, during […]

Fisker Motors Lays Off Most of American Workforce: Government, Mainstream Media Silent

Fisker Motors was one of the more touted “green” projects funded by our government under the guise of “stimulus.”  They reportedly  received $200,000,000 in taxpayer money.  And, by the way, moved production to Finland… Now, we have yet another example of what happens with Porkulus funding.  Apparently, an electric car maker got over a half a billion dollars-to build them in Finland.   In a stunningly wasteful move, apparently made with no research, the Obama administration approved a loan to Fisker Karma, makers of sporty electric vehicles… that can’t even be produced in the US. Vice President Joseph Biden heralded […]

Workers at Stimulus-Funded LG Chem Battery Plant Has Shipped no Batteries, Employees Play Cards

When planning is centralized, the stupidity is concentrated in one place; namely the center.  The Porkulus funded many “green energy” projects.  Many of them, like the infamous Solyndra, have gone out of business.  Others, like LG Chem, haven’t closed shop, but they haven’t delivered any “product” either.  Breitbart has more… An investigative report by WOOD TV in Holland, Michigan revealed on Thursday that workers at the LG Chem plant haven’t shipped a single battery yet because there’s no demand. People just aren’t buying Chevy Volts. Because they have no work to do at the plant, many of them are playing cards on the job: Workers at […]

Arthur Laffer: Economic Statistics, Some Matter and Some Are Deceiving

At Real Clear Politics the other day, I came across an article by economist, Arthur Laffer in theWall Street Journal. the same Arthur Laffer whom developed the Laffer Curve during the Reagan administration. As I often do, I scanned the article and bookmarked it as a possible source for a post. Then this morning I had an e-mail in my in-box from Pat Slattery of The Free Market Projectsuggesting that I consider doing a post on an article by John Hayward about the Laffer article. And, I thank him. So, I will discuss both the Laffer and Hayward articles in today’s post on economic […]

O’Keefe Catches Union Bosses Supporting Digging Holes, and Filling them Back in-At Taxpayer Expense

Remember the BS “projects” that the porkulus funded?  Like, Turtle Tunnels, fish sperm storage, and curb cuts where there were no sidewalks?  Well, James O’Keefe, the man who helped bust ACORN, has exposed some union shenanigans.  O’Keefe formed a fake company, who’s specialty is to dig holes, and fill them back in.  He also went to local union bosses for help.  The results are hilarious.  Here is the video… OK, here is the part of the story that will be completely ignored. THE FULL, UNEDITED FOOTAGE IS HERE!   If this get’s covered at all, the union bosses will say, “out of […]

Shovel Ready? $11,000,000 Spent-two People Helped!

For government work, that’s a bargain, apparently.  We said that when the porkulus passed, that there would be tremendous waste and corruption.  So, when the following came to light, I was not surprised.  Michelle Malkin has more on the shenanigans in Detroit.   Part of an $11 million grant intended to provide business attire to 400 low-income job-seekers instead helped only two people, an audit of the city’s Department of Human Services has found. The audit, conducted by the city’s auditor general for the period from July 2009 to September 2011, found the department failed to control the operations and […]

And we need another Porkulus? To fund more cars from Finland?

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If you’ve been following the current debate over Porkulus 1000.0, you’ve heard a lot rehashed rhetoric from the original effort back in 2009.  Of course, we all know how that worked out… Turtle Tunnels Billions in funds going to Congressional Districts and Zip Codes that do not exist. Solyndra Fish Sperm Curb cuts in places where there are no sidewalks Increased unemployment Lib organizations that claimed more jobs saved than their total number of employees More money going to districts that voted for Obama, only to see their unemployment rates increase even more. “Shovel ready” projects that were apparently not […]

Democrats & Independents Hardest Hit By Soaring Unemployment

The unprecedented increase in unemployment has no doubt effected every U.S. citizen in one way shape or form. If you have not been laid off, then chances are you are close to someone who has been. You probably even have one or more within your family that has been let go in the past year. It touches the  heart to hear of loved ones losing so much and then struggling month after month to find a way to replace the lost income. But who has been hurt the most throughout this financial recession? Believe it or not, it is the […]

Porkulus Passes, Pigs Offended

With the recent passing of the Porkulus package, and the impending signing by the messiah, there are rumblings from the agricultural community. The civil rights organization, Porcine Beasts Against Defamation (PBAD), were the first to speak out via their spokespig, Porky We at the Pppppppporcine Bbbbbeasttttttsssss…..PBAD, are outraged against this “ppppppork” spending by theggggggoverrrrnment.  This act of wasteful spppppending makes our members look wwwwwwwasteful and un….un…un…Just look bad. The fallout expands beyond just barnyard animals, farmers too are concerned that the recent release of free “pork” will have a negative impact on pork futures.  This from Cletus Threeteeth.. This pork […]