The Obama Boom.

[Darth Ape]

Jimmy Carter Part Deux

It's just a matter of time before our embassies get overrun and Omoron starts handing out prizes.

[dude1394]

Originally Posted by Darth Ape

Jimmy Carter Part Deux

It's just a matter of time before our embassies get overrun and Omoron starts handing out prizes.

Here's the first prize..

WASHINGTON (Reuters) – The United States plans to offer more than $900 million to help rebuild Gaza after Israel's invasion and to strengthen the Western-backed Palestinian Authority, U.S. officials said on Monday.

The money, which needs U.S. congressional approval, will be distributed through U.N. and other bodies and not via the militant group Hamas, which rules Gaza, said one official.

[dude1394]

He's done nothing that his liberal politics said he wouldn't do, nothing. This isn't about giving him a chance...this is watching him do exactly what his history said he would.

Give 1 trillion bucks not for a stimulus per the wapo:

The case for a huge stimulus -- which I support -- is to prevent a devastating downward economic spiral. ... If the economic outlook is as bleak as Obama says, there's no reason to dilute the upfront power of the stimulus. But that's what he's done.

His politics compromise the program's economics. Look at the numbers. The Congressional Budget Office (CBO) estimates that about $200 billion will be spent in 2011 or later -- after it would do the most good.

but to expand and push forward his political agenda...no matter the cost. There is no wonder that everything he's thrown out there has had no effect on the markets... You can say he's not to blame but he's sure got 1trillion dollars to work with and it's done nothing(and will do nothing) ...because he played politics with it.

And it will be useless guvment beuracracy spending it. Like this...it'll get a lot of politicians work..but few americans.

Processing the rush of money is complicated by requirements unique to the stimulus act. The Department of Housing and Urban Development is getting $1.5 billion for "homelessness prevention," a task in which it has never explicitly engaged.

The National Endowment for the Arts is receiving $50 million in stimulus money but must use a criterion it does not prioritize in giving out its $122 million in annual funding: whether a particular grant is likely to preserve jobs. That means assessing the financial health of arts organizations to determine which might really cut back without a grant.