Showing posts with label obama. Show all posts
Showing posts with label obama. Show all posts

Wednesday, February 18, 2009

Stimulus Success

As the Libs celebrate the passing of their stimulus, I wonder on how we will judge it's success or lack there of. Obama said that step one is the creation of jobs. One of the stated goals of the package is to create or save 3.5 to 4.5 million jobs, which leaves me wondering, how do you measure a saved job?

Does that mean that it was successful as long as 3.5 million people have jobs? I had a job on Monday and I still have a job today. Does that mean my job was saved by the stimulus? If that is the case I would like to thank Obama. Since there is no way to tell how many jobs would have been lost with out the stimulus we will never know how many it saved.

Politicians love loop holes and they left themselves one here they can drive a truck through. A word that probably is glossed over at first glance was probably carefully crafted.

Friday, February 6, 2009

Scratch My Back, I Will Give You Power

Jeffery Immelt was appointed to Presidents Obama's new Economic Recovery Advisory Board. Immelt is the CEO of GE. On the surface this probably seems very reasonable, who better to advice on the economy than the CEO of a great American company.

If you take a deeper look it might look like something fishy is going on. Did you know that GE owns NBC? That means buck stops at Immelt for NBC News, including MSNBC. It is no doubt that MSNBC offered nothing but favorable coverage of the President during the campaigns. Some would say, including myself, that they stopped being a news network and it became a non-stop Barack Obama infomerical.

Once again another example of the politics of change. The political elite using their power to give favors to the people who pushed them to the top. I wonder if Keith Olbermann will call Immelt's appointment "Spot On" or if it sent a shiver up Chris Matthew's leg. Just asking.