February 12, 2009

History, New Retail Spending Figures Suggest Recession May Be Over, Democrats Attempt to Ram Through Multi-Generational Financial Rape Anyway

It was never about helping the American people, folks. Never.

If Democrats had wanted a true stimulus to help the economy, they could have easily crafted a bill that both parties would have supported fully for just over $100 billion dollars. Instead, the House and Senate Conference bill is a 1,434 page bloated spending spree costing $798 billion, with even more massive spending in the wings as Democrats will attempt to spend at least that much again on more government bailouts of the financial sector.

While our Easter bunny continues to spread fear, uncertainty, and doubt (FUD) in an attempt to bully the American people into accepting the solution offered by Democrats, the American people are increasing rejecting the pork-filled corruption that is this "stimulus" bill. Further, it is a bill, that like most government intervention, appears to be too little, too late to matter.

History suggests that the worst of the recession may be over, and a rise in retail spending seems to support that possibility. Corporations that have been hard hit are still reporting a curious increase in sales to new customers, and the CBO itself said that without any intervention at all, the economy would correct itself in 2009.

So what does the Democratic Party, firmly in control of the House, Senate, and Presidency, attempt to do? They attempt to rob you blind, paying off left-wing special interest groups with your tax dollars.

No wonder Obama supporters are spending their own money to campaign against this boondoggle.

Barack Obama, Nancy Pelosi, and Harry Reid are expanding welfare, folks, with with a very clear intention of putting you on it. People dependent on government, embrace government, and Democrats hope if they make enough of you dependent upon them, they'll be in power for decades to come.

Perhaps you'll let them win, and fundamentally change this country into a socialist state, a greater Sweden or France. These are not horrible countries, but they are not the United States.

Americans love their freedom and their independence, and the risk and opportunity that independence brings.

So I have a simple question for you: are you looking to accept this nightmare and become a socialist, or are you still enthralled with the core beliefs of our founding fathers, and not so easily led to slaughter?

Posted by: Confederate Yankee at 11:52 AM | Comments (10) | Add Comment
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1 There are two reasons for the bill. The first is to fund ACORN and its ilk in their efforts to find imaginary Democratic voters. The second is to transfer large amounts to labor unions that will in turn contribute vast sums to the Democratic Party and its members. It is, in other words, public financing exclusively for Democrats.

Posted by: Ken Hahn at February 12, 2009 01:31 PM (Yk65S)

2 Economist Peter Schiff sums up, accurately I think, how Obama and Pelosi have set us on the road to ruin as a nation--certainly as a superpower. The idiots are now in charge, and we're just along for the ride. Obama likes to use the refrain that he "inherited" this economic crisis. His solution is to worsen it by doubling--perhaps tripling--the debt. The definition of insanity.

Posted by: Just Askin' at February 12, 2009 02:16 PM (esv00)

3 Economist, from what I've read, are saying 2009 is going to be an economic wash with the possible starts of a recovery at the tail end. January markets have predicted the year in 7 of the last 10 years, and markets were down this year. This information is from my daily reading of the Wall Street Journal. Jack Bogle, founder of Vanguard, was on Morningstar in a video interview. He is no lefty. A true capitalist and unwavering optimist. In his 51 years of investing he's never seen anything like we are currently experiencing. He then went on to say the current climate has only been bested by the Great Depression. I'll trust his word. He knows investing and he knows business. The point is that things ARE in fact bad. Obama isn't making it up. Whether his stimulus package is going to help is a fair debate. The Republican alternative wasn't cheap either. It was a 400 billion dollar bill. There are no sunny options right now, but to claim that the severity of the situation isn't significant is an gross inaccuracy. You are going to need a lot more than a January retail sales report to be convincing.

Posted by: SPW at February 12, 2009 11:33 PM (dL6Y8)

4 On top of the retail sales, the CEOs of the major banks yesterday on Capitol Hill showed puzzlement in regard to TARP II. Since none of them would be seeking additional funds from TARP II (unless the funds were cheap), they had no idea just what Treasury would be doing with the money.

Posted by: Neow at February 13, 2009 12:21 AM (Yozw9)

5 On top of the retail sales, the CEOs of the major banks yesterday on Capitol Hill showed puzzlement in regard to TARP II. Since none of them would be seeking additional funds from TARP II (unless the funds were cheap), they had no idea just what Treasury would be doing with the money.

Posted by: Neo at February 13, 2009 12:22 AM (Yozw9)

6 You mean, a few weeks into Barack Obama's presidency, he stopped the recession????? Clearly, those of us on the right must do something to mess up the economy again. A third war maybe? I vote for an invasion of Mexico. What say you?

Posted by: Herb at February 14, 2009 07:12 AM (zdpq+)

7 Thank goodness we are finally starting to feel the effects of the Hoover Recovery.

Posted by: calling all toasters at February 14, 2009 10:43 AM (OXUt5)

8 I've never really understood why white trash like you don't embrace socielism. You're never going to be rich, after all. Why wouldn't you want free healthcare, a pension, support when you're out of work? Anyway, retail sales rose over December on a seasonally adjusted basis because December was soooo bad. Only you could think it's a cause for cracking out the champagne that things were so bad in December that a truly terrible January is marginally better.

Posted by: Dr Zen at February 15, 2009 02:59 AM (ihOsU)

9 Time to change your diapers, CY...

Posted by: jjcomet at February 15, 2009 12:19 PM (sNkBC)

10 ((((New Retail Spending Figures Suggest Recession May Be Over)))))' hahahahahahahahahahahah~! -->Retail trade sales were up 1.1 percent (±0.7%) from December 2008, but were 11.0 percent (±0.7%) below last year. Gasoline stations sales were down 35.5 percent (±1.5%) from January 2008 and motor vehicle and parts dealers sales were down 22.2 percent (±2.3%) from last year. ____> M3 HIGHLIGHTS FROM THE PRELIMINARY REPORT ON MANUFACTURERS' SHIPMENTS, INVENTORIES, AND ORDERS December 2008 --------------- Released 10:00 A.M. EST February 5, 2009 (M3-2(0 -12) Note: All figures in text are in seasonally adjusted current dollars For Data - (301) 763-4673 For Questions - Chris Savage or Jessica Young (301) 763-4832 Summary New orders for manufactured goods in December, down five consecutive months, decreased $14.8 billion or 3.9 percent to $362.4 billion, the U.S. Census Bureau reported today. This was the longest streak of consecutive monthly decreases since the series was first published on a NAICS basis in 1992 and followed a 6.5 percent November decrease. http://www.economicindicators.gov/ ------ There is no bright side to the economy, all signs are that it is going to continue to tank. I see signs that major corporations are going to cut and run with the stimulus money. We can hagle politically , but as i see it. They are all GovCorp and they are all Destroying the country of greed and self indulgence. occasion2b

Posted by: walker at February 15, 2009 12:55 PM (BSkMn)

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