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No new stimulus planned: US official
AFP
Thursday, July 9, 2009
A US administration official told lawmakers Wednesday there is no effort underway to launch a new economic stimulus, quashing speculation that had been growing in recent days.
“No one in the administration is talking about a second stimulus at this point,” Rob Nabors, the deputy director of the Office of Management and Budget, told a House of Representatives hearing.
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“What we are focused on right now is implementing the Recovery Act that Congress has already passed, and doing the best that we can with the dollars that you’ve entrusted us with. So, that’s what our focus is right now.”
The comments came a day after a top economic adviser to Obama, Laura Tyson, said in Singapore that the United States may need a second stimulus package focused on infrastructure projects to put the world’s richest economy firmly on the path to recovery.
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21 Responses to “No new stimulus planned: US official”
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July 9th, 2009 at 4:14 am
What the hell did the first stimulus package do? Nothing but make bankers whole again. I haven’t seen where one dime has helped main street.
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Ditto Reply:
July 9th, 2009 at 4:22 am
Perhaps this means that they are ready to bring down the whole system. From listening to Bob Chapman, I would expect to see things escalating around Sep-Oct. We should be prepared to mobilize as soon as they fake another terrorist attack.
Check out this article on fighting a hopeless battle: http://www.unconditionalfriendship.com/?p=253
Madman Reply:
July 9th, 2009 at 5:14 am
Banker holiday in August, wasn’t it?
rudibr Reply:
July 9th, 2009 at 10:45 am
“No one in the administration is talking about a second stimulus at this point,”
… except a top economic adviser, in public??
I think he was refering to some other administration.
July 9th, 2009 at 4:21 am
Probably a wise choice considering that most people are against TARP, Cap & Trade, printing mo money out of thin air, etc. The fact that a second “stimulus” (read “looting”) was even considered shows just how out of touch with reality these ding-alings really are.
July 9th, 2009 at 4:36 am
Wow, this sounds very familiar, and seems to be the M.O. of the Soetoro Administration. They have some low-level member, such as Laura Tyson, raise an issue, then the administration comes back and says it is not true, only to turn around and do whatever the issue was anyway.
This is what we call a test-story, or case-study, to see how the American public will respond to an issue. I am willing to bet that this new round of stimulus will be denied in the media for a few weeks, and then, BAM, an unread stimulus bill will be passed within a few months.
The reason for this is because they know it will infuriate the American people for a few weeks, then when the anger subsides and the masses are desensatized to the idea, they will go ahead with another banker-looting stimulus.
Un-F’n-believable!
541NT Reply:
July 9th, 2009 at 11:59 am
Like the farmer says. B.I.N.G.O.
July 9th, 2009 at 4:56 am
dirty f lies—they floated the story to see the backlash—WAIT TILL THE OPPOSITION DIES DOWN–THEN THEY WILL RAM YOUR ANUS AGAIN…
Adult sex shop Reply:
July 9th, 2009 at 9:16 am
But plugs ready folks!
July 9th, 2009 at 5:13 am
Well, if I follow my newly acquired Obama logic, and everything they say, means the opposite is in the works, we should have a new Stimulus by the end of the month.
We have no intentions of doing any form of gun control.
We don’t want to run a automotive company.
July 9th, 2009 at 5:31 am
Is anybody ready for the inevitable march on Washington? I think the eleventh day of September would be fitting.
July 9th, 2009 at 5:38 am
2:2 “I know your works, and your toil and perseverance, and that you can’t tolerate evil men, and have tested those who call themselves emissaries, and they are not, and found them false. 2:3 You have perseverance and have endured for my name’s sake, and have* not grown weary. 2:4 But I have this against you, that you left your first love. 2:5 Remember therefore from where you have fallen, and repent and do the first works; or else I am coming to you swiftly, and will move your menorah out of its place, unless you repent. 2:6 But this you have, that you hate the works of the Nicolaitans, which I also hate. 2:7 He who has an ear, let him hear what the Spirit says to the assemblies. To him who overcomes I will give to eat of the tree of life, which is in the Paradise of my God.
2:8 “To the angel of the assembly in Smyrna write:
“The first and the last, who was dead, and has come to life says these things:
2:9 “I know your works, oppression, and your poverty (but you are rich), and the blasphemy of those who say they are Jews, and they are not, but are a synagogue of Satan. 2:10 Don’t be afraid of the things which you are about to suffer. Behold, the devil is about to throw some of you into prison, that you may be tested; and you will have oppression for ten days. Be faithful to death, and I will give you the crown of life. 2:11 He who has an ear, let him hear what the Spirit says to the assemblies. He who overcomes won’t be harmed by the second death.
2:12 “To the angel of the assembly in Pergamum write:
“He who has the sharp two-edged sword says these things:
2:13 “I know your works and where you dwell, where Satan’s throne is.
July 9th, 2009 at 8:34 am
Those who speak with forked tongue should never be trusted…better to cut it from thier lying mouths, truss ‘em up , laddies, and sharpen yur dirks!!!
July 9th, 2009 at 11:55 am
so they’re saying no new stimulus planned, which would mean that they ARE planning a new stimulus
July 9th, 2009 at 4:21 pm
There is propaganda all over the Denver Newspapers that the “Economic Stimulus” has created lots of jobs in the area. I have not investigated this but my son has been unemployed for months and can’t seem to find a job that is steady or pays enough to support his kids.
I have seen many “Temporary” jobs that come into existence EVERY summer but no “Long Term” employment ANYWHERE.
Madman Reply:
July 9th, 2009 at 4:52 pm
That’s the trick, pays enough to support his kids.
See, if he would just take ANY job, like the illegals who come to the country… he could have a job. He’s looking for a job, while passing by jobs that don’t pay enough.
Any job would be better than NO JOB, but American’s have a newly developed logic that they can wait until the perfect position comes along. The sad fact is, that market no longer exist.
Working 2 or 3 jobs at a time, that pay what his position once paid, will be the new economic standard for everyone.
I am not faulting your son, hell it’s hard for everyone out there, I am just saying, that the Obamanations economic readjustment will be everyone working 2 or 3 jobs to keep afloat, husband and wife. It’s went from a country that a man working at a gas station could keep up himself, his wife and his kids, to a country that everyone will have to work, 2 or 3 jobs, to make ends meet.
July 9th, 2009 at 5:12 pm
any one know about the money bomb for jt coyote .check this out if their are 16000 members and each sent 20 bucks to one person in the group 320.000 every one can come up with 20 bucks a few times take turns giving the 20 viola every one in the group is happy
July 9th, 2009 at 6:05 pm
Where the hell’s my check?????????
July 9th, 2009 at 7:04 pm
hussein promised me a check every month to pay my bills, WHERE THE HELL IS IT ???????
July 9th, 2009 at 7:36 pm
I wants my check, mutherfucker!!!!!!
July 9th, 2009 at 8:43 pm
The worst part is the wholesale sellout of the nation by the media. It really is akin to Pravda, where only the sanitized news of singing tractor workers gets published. The more I see, the more I see a fascist approach to things – tight media control (or self-censorship – same effect), double standards for the power elite, the view of the population as a group of indentured servants to be harvested for the benefit of those running things, inflammatory nationalistic rhetoric with a focus on xenophobia, increased government role (and thus control) in previously private industries, re-allocation of wealth from productive, competitive entities to unproductive, uncompetitive ones, state domination of education and thus history and reasoning, etc. etc.
Ground zero is going to have a tough decade, methinks.