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And the media will be sure to remind all of us that BHO was "forced" to do this (like someone held a gun to his head or something) because of eight years of George W. Bush's ineptitude. In other words, the necessity of the "stimulus" bill was Bush's fault. Yeah, W shoved the bailout bill through, which wasn't good, either, but the liberal wish-list that is the Porkulus Bill will be cited as "necessary" because of W.

And the tune goes on eternally
For those who share the fear
On a frequency for you and me
You stare but you can't see
You hear but you agree

And the tune goes on eternally
For those who long to hear
And those freaks sense they're superior
We're hypnotised, you see
They wave and we agree
--Helloween, "The Tune"

down to nearly 7500. I don't know if that is a record low but I think it is. Unbelieveable. Seriously, I hope this is the bottom, and even I hope any stimilus works, but hope is one thing and reality is another. This bill was PORK.

oh, and "tax cuts" for those who don't pay taxes at all.

The stimulus is a disaster. It won't work. We'll be in worse shape two years from now.

My only hope is that this will show the American people once and for all that Socialism is a failed ideology and doesn't work.

Now if only the Republicans can present a credible alternative....

This is a terrible bill, but maybe not terrible enough in the short term to offset the real stimulus to the economy from falling energy and commodity prices. The collapse of oil prices alone will inject an equivalent of $300 billion in stimulus, which should show up by this summer, and allow the messiah to claim that porking the productive is Good. The real damage will take longer to manifest itself, by which time we should be all porked up.

You'll notice that a lot of the bill won't have effect for a couple of years, oh, just in time for the 2010 midterm elections. They're hoping to ruin the capitalist economy in general, but have an apparent "recovery" going on round about then in order to blunt any gains we would hope to see, so that they can finish packing their people in to finish the job.

oh, and "tax cuts" for those who don't pay taxes at all.

Yeah, what the hell is that? How can you earn a tax "credit" when you don't pay any taxes to start with?

Watch how the Obama media spins the market numbers in the future. Instead of counting the big drops over the last week against the hogzilla bill, they will use the market close today as the beginning point of stimulus influence.

Never mind the big market drop on the day of Geitner's big non announcement of a financial plan this week.

Never mind the big drop today in response to this PoS becoming law.

It'll be "since Obama signed the bill on 2/17, the market has gone up X."

Mr Evilwrench: oh, just in time for the 2010 midterm elections
Yes, the economy will be recovering by then as in any normal cycle of a recession - which the Democratic party will no doubt take credit for, when in reality we just added a trillion dollars of debt, created a bigger Government and nationalized/socialized businesses for nothing.

CoderInCrisis:
I think that's because they're gonna get a "cut" of someone else's taxes...

~Ex-Bat

Notice how few trolls there are recently? They don't have a whole lot to say right now. This is getting impossible to spin, even for them. Screeching "BUSH" just isn't cutting it any longer.

Mr. "O", you now OWN this crisis. 2010, baby!

Zero Obozobama had better be getting his magic wand out, 'cause he's gonna need it. (And no, Chris Matthews, it's not what you think it is.)

Welcome to New Labour America. I see one of the things you're going to be "stimulated" with is a national health database and a commissar committee deciding what healthcare you may be allowed, modelled on our own NICE, the people who decided the state would let you go blind in one eye before starting treatment for macular degeneration.

You guys are really going to have to stop laughing at us in "Socialist Europe" now. :)

The Stimulus has worked! It has stimulated me to work hard in 2010 so this country can be rescued from the likes of President HUSSEIN and his sidekicks Darth Pelosi and Darth Reid.

Hopefully Michael Steele can bring the troops into line in time for 2010 by knocking a few heads together (namely the trio of Senators known as the Three RINOs). Personally I wouldnt mind seeing Steele go up against Obama in 2012 or at least as the VP nominee if someone stronger emerges.

IMO - that is EXACTLY obama's intention - to destroy the free market and capitalism. Each time the market drops the liberal's little messiah smiles.

My advice to investors: BUY, BUY, BUY. The only way to keep the marxist 'O' (as in butt hOle) from getting the power he wants is to keep capialism intact. I bought stocks today. If I loose it all - obama would have gotten it anyway. If I help turn the market around - it's just as good as kicking the hOle in the balls.

Posted by: Sal at February 17, 2009 3:09 PM

Now if only the Republicans can present a credible alternative....

The credible alternative is called "tax cuts."

I'd expect an immediate boost to at least some sectors of the market from the stimulus package, perhaps enough to raise the index somewhat, but then a prolonged declining trend.

Jimbo, the marxists have you over a barrel. If the market picks up, they can say that their stimulus worked, and that proves you need yet more government intervention. If the market collapses, they say "well we tried, but capitalism was just too evil for us"... and that proves you need yet more government intervention.

Just remember, the New Deal achieved nothing positive, prolonged and worsened the Great Depression, failed utterly... and yet Roosevelt was elected again and again and most people still think he saved America. They're old hands at this game.

On a more general note, I think it's inescapable that that 1100 page bill proves that goverment has failed in America, as it has here in Europaville. When government can be blatantly corrupt- when it can wave that corruption in the faces of the people knowing that nothing will be done- the game is over.

oh, and "tax cuts" for those who don't pay taxes at all.

Yeah, what the hell is that? How can you earn a tax "credit" when you don't pay any taxes to start with?

Posted by: CoderInCrisis at February 17, 2009 3:36 PM

Coder, you collect a "welfare" credit, resume sitting on your dead ass, and then you vote democrat over and over again, for the rest of your worthless existence. Thus this being a stimulus package for future one party rule.

Jimbo, the marxists have you over a barrel.

Posted by: Ian from the EUSSR at February 17, 2009 9:48 PM

I've read many of your good comments over the years Ian (OMG - has it been that long??!!!) and I appreciate your sentiment – and I truly don’t mean any disrespect – but over here we are still an armed nation (and intend to stay that way) which means they don’t have me over a barrel – but we've got them at the end of ours.

Military coups are common nowdays. However, there aren't many country's left who are capable of a citizen coup. We are one, and we aren't afraid.

Ian! It's so good to see you posting on here again! Look at where we are now... but we saw it coming, didn't we? Jimbo has a lot of hope, and I'd like to share his hope, but we've allowed the Left to trim the backbone out of our collective resistance. I hope I'm wrong, but I just don't see us having the ability anymore to withstand an armed enforcement of socialist law.

Founder's Quote Daily for today:
"It might be demonstrated that the most productive system of finance will always be the least burdensome."
--Alexander Hamilton, Federalist No. 35

US NEWS February 17, 2009Exclusive: Pat Robertson Says Obama 'Showing Partisanship,' Denounces Rush Limbaugh's 'I Hope He Fails' Remark.

Isn't Pat one of yours? And here I thought he was a complete Moonbat (right wing style).

Fez how do you even function without drooling all over yourself and tripping over things constantly?

Jimbo, I simply meant by "over a barrel" that whatever happens, the marxists can claim a "win" from the situation, because they own the media, the political classes, the opinion forming classes, etc. They have what a post-marxist calls "cultural hegemony". (I'd recommend anyone interested in what is happening to the west do some study of post-marxist political theory; google Gramsci, Foucault, Althusser etc. It's the best way to understand their political programme). What matters is not what happens, but what people will believe has happened.

As to the matter of (armed) revolution; I admire your grit, but I don't think guns matter as much as they seem to. All governments, even terrible tyrannies, ultimately only stay in power with the consent of the people. America, like the EUSSR, is still based on democracy, even if it is horridly debased. An organised, coherent public will to end the marxist slide would end it. The problem is that more and more people are persuaded to be in favour of it. If you had enough public support for a citizen's coup, you wouldn't need one. You could just vote the bastards out. Even without democracy, even in an absolute dictatorship, if the mass of the people march into the streets saying "enough", then the government cannot stand. The tricky part is getting the mass of the people to do that.

Right On, Murff!!

Founder's Quote Daily for today:
"It might be demonstrated that the most productive system of finance will always be the least burdensome."
--Alexander Hamilton, Federalist No. 35