Posts Tagged ‘create or save’

Obama Wreckovery Act And Stimulus ‘Employment’: The Pathetic Reality

June 17, 2009

I downloaded the Obama administration’s “Recovery Report: 100 Days, 100 Projects.” It was an utterly laughable experience.

I copied the “100 projects” into a Word file and then conducted a search with the word “employees.” Here were the results of EVERY single occurrence:

9) A company in Maine “that had been struggling to pay its 19 employees” now being “back to work” thanks to a $2 million stimulus handout.

14) A New York construction company was able to rehire laid-off seasonal employees. Slate Hill had previously laid off 40 seasonal employees, possibly at the END OF THE SEASON. There is no mention of how many seasonal employees (meaning these are not full time jobs) were rehired, but the cost was over $7 million of your dollars in stimulus contract money.

15) The president of New Hampshire paving company Continental Paving ESTIMATES he would have had to lay off 75 employees if it weren’t for the Recovery Act (I “estimate” he may be a liberal). In any event, however many of those 75 jobs were actually “saved” come at the cost of $10 million in stimulus money.

29) EnergX, a Department of Energy contractor, has 87 new employees on the job. We’re told that that these jobs “are supported by Recovery Act funding” – whatever that means. No mention of how much government money they are getting.

51) An auto-repair business owner received $463,500 in stimulus funds which we’re told are “strengthening his short-term cash flow and putting him and his 10 employees in position to increase sales as the economy turns around.” Note that no mention is made of any new employees hired.

58) A start-up tire-recycling plant owner had borrowing fees of $45,750 for a $1.715 million equipment loan paid by stimulus funds. The owner “hopes to have 34 employees onboard by New Year’s Day next year.” Clearly, IF the owner is able to hire 34 employees, it will NOT be due to the pissant borrowing fees for the near $2 million in private bank loans.

75) Four hundred employees hired using Recovery Act funding reported for work at the Hanford Site in southeastern Washington State. Now we’re getting somewhere! 400 plus a few employees from the other 74 programs, at a cost of ONLY $3.27 TRILLION!!! We’re not told how much these employees cost taxpayers, but we ARE told that most of the employees will be UNION.

83) A company selling and installing energy-saving window films for commercial buildings, saved $6,970 in fees on its SBA 504 loan when it bought a new space five times larger than its previous home. We’re told “the savings will help owners John and Kimberly Henderson add three employees to their staff of 12.” If you know any business owner who has ever hired full-time employees, ask him or her how much $7 grand in saved fee-money would go toward such a hiring decision. And THINK ABOUT IT: $3.27 TRILLION DOLLARS, AND OBAMA IS POINTING AT “HELPING” HIRE 3 EMPLOYEES IN ITS LIST OF HIS TOP 100 ACHIEVEMENTS!!!

And that’s IT. That’s ALL THE JOBS THE OBAMA ADMINISTRATION SEEMS TO BE ABLE TO ACCOUNT FOR. And most of the list of EIGHT businesses really aren’t able to hire employees based on anything Obama did with his – did I mention? – $3.27 TRILLION in porkulus.

Think about it: this is Obama’s own “Look what we’ve accomplished!” list. This is all the man has to show for the largest spending bill in the history of human civilization! How would Mister Rogers put it: “Can you say, “pathetic”? I think you can!”

I wrote an article earlier this month titled, “Obama And Unemployment: Just So You Know How Pathetically Incompetent Dear Leader Is.” You might say it’s a harshly-worded title – until you see just what a ZERO Obama (who interestingly enough is often ALSO called “Zero“) has produced with more money than any government has ever spent in the entire history of the planet. That article mentions facts such as how Republicans were shut out of the bill; how no one in Congress was even allowed to read it before it was rushed through; how Republicans PREDICTED it would be a gigantic boondoggle; how Obama time after time boasted that he’d “saved” jobs only to see those very jobs go down the drain; how Obama created a marketing term called “saved jobs” to “create” 150,000 phantom jobs out of thin air that he could take credit for; how the stimulus money isn’t even going to the poorest counties that need help most; and how the Obama administration promised that unemployment – which is now at 9.4%would NOT go above 8% if his stimulus bill was passed. And on, and on. Hence the disparaging title describing a failed president and a failed economic policy.

Obama is now claiming that his administration will “create or save” 600,000 MORE phantom jobs. Just realize that the US Bureau of Labor Statistics is already on record claiming it has no way to verify Obama’s job numbers. Because they are a fantasy (Michelle Malkin calls it “The biggest most magical makework program ever“). The mainstream media – which adores their new “Dear Leader” – would never haved allowed President Bush to make claims about “saved” jobs. The whole thing is like building a house of cards in the wind.

All that as an introduction to this:

Stimulus program fraught with waste, report says

A Republican senator’s office says stimulus funds are going toward dubious projects, such as a $3.4-million tunnel for turtles. Obama aides say the report is flawed.

By Peter Nicholas, June 15, 2009

Reporting from Washington — A report due to be released today by a Republican senator contends the Obama administration’s stimulus program is fraught with waste and incompetence — evidenced by a turtle crossing in northern Florida that will cost more than $3 million and a snafu in which thousands of Social Security checks went out to people who had died.

Modeled after a release from the White House describing 100 stimulus projects that were in the works, the report put out by Sen. Tom Coburn of Oklahoma looks at the same number of projects but reaches starkly different conclusions. The title is “A Second Opinion on the Stimulus.”

“Will these projects make real improvements in the lives of taxpayers and communities or are they simply pet projects of politicians and lobbyists that never got off the ground because they are a low priority?” the report says.

Coburn’s staff spent about a month interviewing federal officials, reviewing data and compiling news clippings in a continuing examination of the $787-billion stimulus package.

Millions of dollars are going toward bicycle lockers, bike paths, walking trails and a skate park, Coburn said. One town in North Carolina is using stimulus funds to hire an administrator whose job will be to procure more stimulus funds, according to the report. […]

A theme of Coburn’s work is that money is going toward dubious projects that will leave little imprint. One project mentioned is the $3.4-million construction of a 13-foot tunnel near Tallahassee, Fla., that will allow turtles and other wildlife to safely cross U.S. Highway 27.

The report said the area “has the highest road-kill mortality rate for turtles in the world.” But it also suggests other uses for the money, and mentions Florida State University’s plans to lay off 200 faculty and staff members in hopes of saving millions of dollars.

Officials at the Florida Department of Transportation defended the project as one that not only would save turtles but also protect motorists. “A lot of these turtles are quite large. They get hit by a car, and they turn into flying objects,” said Josh Boan, the department’s natural resources manager.

Construction on the tunnel is to begin in September. State officials could not estimate how many jobs would be created.

Raising questions about the government’s ability to manage the stimulus money, Coburn’s report also focuses on more than 8,000 Social Security checks that have been mailed to people who are dead.

A spokesman for the Social Security system said the checks were mailed based on erroneous records. In most cases, the Postal Service returns the checks directly to the government.

One $250 check went to the home of Antonietta Santopadre, a 74-year-old retired hairdresser living in New York. The check was made out to her father, who died 35 years ago. In an interview Monday, Santopadre said: “I was infuriated. Where’s our money going? Our country is in such trouble right now.”

The Coburn report entitled “A Second Opinion on the Stimulus” is now available. Some of the section titles:

– “Free” Stimulus Money Results in Higher Utility Costs for Residents of Perkins, Oklahoma.

– FutureGen: The Stimulus Earmark that Wasn’t, Becomes the Costliest Pork Project in History.

– Little-Used “Shovel-Ready” Bridges in Rural Wisconsin Given Priority Over Widely Used Structurally Deficient Bridges.

– $800,000 for little-used Johnstown, Pennsylvania airport to repave a back-up runway; the “Airport for Nobody” Has Already Received Tens of Millions in Taxpayer dollars [note: that’s in pork-king and king-scumbag Jack Murtha’s district].

– $3.4 Million for Wildlife “Eco-Passage” in Florida; Project Still May Take Years to Finish [note: that’s the one about the turtles while 200 nearby employees are being laid off].

– Nevada Non-Profit Gets Weatherization Contract After Being Fired For Same Work.

– Non-Existent Oklahoma Lake in Line for Over $1 Million To Construct a New Guardrail.

– Taxpayers Taken for a Ride: Nearly $10 Million to be Spent to Renovate a Century Old Train Station that Hasn’t Been Used in 30 Years.

– Ten Thousand Dead People Get Stimulus Checks, Social Security Administration Blames a Tough Deadline.

-Town of Union, New York, Encouraged to Spend Money It Did Not Request For a Homelessness Problem It Does Not Have.

Mind you, this is just the porkulus bill. There was also the 9,287 pork-project-laden $410 billion Omnibus spending bill and the soon-to-come $1.5 trillion socialized health care bill (which will easily be triple that, given the longstanding tradition of massive underestimation of the actual cost of government programs).

And as we speak, Obama is showing how much he wants to save taxpayer money by illegally firing an Inspector General (in flagrant violation of a law he personally co-sponsored as a Senator) in order to protect one of his friends who abused Americorps funds.

One quote in particular that set me off:

In the course of his investigation, Walpin found [Sacramento Mayor and personal friend of Barack Obama Kevin] Johnson and St. HOPE had failed to use the federal money they received for the purposes specified in the grant and had also used federally-funded AmeriCorps staff for, among other things, “driving [Johnson] to personal appointments, washing his car, and running personal errands.”

I don’t know ’bout you, but I’m hoping to get me a job shinin’ Massah Bureaucrat’s shoes some day.

There are a whole lot of questions about whether Obama is creating any jobs with his massive government spending, but there is no question at all that the trillions of dollars being spent are all-too-real. And there is no question that the anvil will fall on the US economy due to the near doubling of the national debt as Obama adds a projected $9.3 trillion to the $11.7 trillion hole we’re already in. Obama is borrowing 50 cents on the dollar as he explodes the federal deficit by spending four times more than Bush spent in 2008 and in the process “adding more to the debt than all presidents — from George Washington to George Bush — combined.” And most terrifying of all, Obama’s spending will cause debt to double from 41% of GDP in 2008 to a crushing 82% of GDP in 2019.

What will be the result of all this insane spending, and not very far off? A quote from a CNS News story should awaken anyone who thinks the future will be rosy:

By 2019, the CBO said, a whopping 82 percent of the nation’s gross domestic product (GDP) will go to pay down the national debt. This means that in future years, the government could owe its creditors more than the goods and services that the entire economy can produce.

All that staggering hyperinflation-creating debt, and about the only jobs that are being created by it are washing cars and running errands for politically-connected Democrats.

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Obama And Unemployment: Just So You Know How Pathetically Incompetent Dear Leader Is

June 8, 2009

Think back to February when Barack Hussein was frightening America with terrifying predictions unless we passed his porkulus package.  Obama repeatedly compared the economy to the Great Depression even though any student of history would know that the current economy was and is far more like the one Reagan inherited in 1981 than anything from the 1930s.

Obama said:

Because each day we wait to begin the work of turning our economy around, more people lose their jobs, their savings and their homes. And if nothing is done, this recession might linger for years. Our economy will lose 5 million more jobs. Unemployment will approach double digits. Our nation will sink deeper into a crisis that, at some point, we may not be able to reverse.

Obama said:

For every day we wait or point fingers or drag our feet, more Americans will lose their jobs,” Obama said at a speech in Fairfax, Virginia. on Jan. 8

At the time Obama was fearmongering audiences in Fairfax, the unemployment rate was 7.2 percent.  Obama claimed in that speech that the country would face double-digit unemployment without the stimulus package even though the Congressional Budget Office forecast was slightly lower: 9 percent unemployment by 2010.

And the politics of fear worked.  Obama – who had promised an “end to the petty grievances and false promises, the recriminations and worn-out dogmas, that for far too long have strangled our politics” – passed a stimulus bill which completely shut out Republicans, and rushed it through Congress so quickly no one was even allowed to read it.

Obama promised that his stimulus would “save or create” 3.5 million jobs.  Aside from the simple fact that “save or create” is nothing more than a cheap marketing sleight of hand gimmick that neither Bush or Clinton were allowed to get away with, Obama also promised something that is now easy to disprove: his administration assured America that the economic stimulus would prevent unemployment from rising above 8 percent.”

There were 1.6 million more jobs the day the stimulus bill passed than there are today.  And we saw a laughable White House response in the form of a bogus and unsubstantiated claim that they had “created or saved” just 150,000 jobs! To make it even more laughable, some of the jobs that Barrack Obama had heralded as “saved” – including private sector jobs at Caterpillar and government sector jobs at the Columbus, Ohio police department – are being wiped out.

You can read for yourself what Republicans like Paul Ryan said on February 14 as the stimulus passed:

With the stimulus bill now becoming law, we’re digging even deeper into debt. The headline price tag of $787 billion doesn’t include the extra $348 billion it will take to finance the new debt, or what it will cost when Congress extends the spending programs in the bill, as is likely — as much as $2 trillion more. Add in the billions that are being used to prop up the financial system, and when the dust settles on 2009, with millions of baby boomers retiring and entitlement spending exploding, taxpayers will face a financial nightmare.

Rep. Ryan was being too kind: the actual cost of the stimulus, according to the Congressional Budget Office, will be $3.27 trillion.

The stimulus isn’t producing jobs that can be documented, and a major study by the Associated Press revealed that the money isn’t going to the counties and states that need it most.

The media – who have been propagandists for this president since he began his campaign – managed to focus on “good news” about the fact that the unemployment has now risen to 9.4% – which is significantly higher than the unemployment figure the Congressional Budget Office anticipated over the course of a year had we done nothing at all.  And it is MASSIVELY higher than the Obama administration promise “that the economic stimulus would prevent unemployment from rising above 8 percent.”

Let that sink in for a moment: OBAMA COMPLETELY BLEW IT ON THE ECONOMY.  His stimulus has done more to harm the economy than help it by the official government numbers.  Just as conservatives predicted all along!!!

The media have done everything they possibly could for Obama.  From Newsweek (hardly a conservative source):

The Obama infatuation is a great unreported story of our time. Has any recent president basked in so much favorable media coverage? Well, maybe John Kennedy for a moment, but no president since. On the whole, this is not healthy for America. […]

Obama has inspired a collective fawning. What started in the campaign (the chief victim was Hillary Clinton, not John McCain) has continued, as a study by the Pew Research Center’s Project for Excellence in Journalism shows. It concludes: “President Barack Obama has enjoyed substantially more positive media coverage than either Bill Clinton or George W. Bush during their first months in the White House.”

Barack Obama – both in terms of liberal ideology shared by the media, and the need to protect a president who represents big government bureaucracy – has been deemed too big to fail by the media establishment.

And thus they have offered him one rhetorical bailout after another from the very get-go.

Realize that this fawning media coverage has occurred during the very time that Obama has implemented one bailout after another that the public despised.  For instance:

A new poll shows that a full 67 percent of U.S. voters oppose the Obama administration’s plan to bail out General Motors with nearly $50 billion – and 51 percent of all Americans say they would rather buy a car from Ford because it did not take a government bailout.

In a statement, the White House announced today that the U.S. Treasury will provide approximately $30.1 billion to GM through an expedited chapter 11 proceeding and transition the new GM through its restructuring plan.

Just so you know, fewer than 37% of Americans approved of the stimulus plan Obama forced through Congress in February.  Yet the media continued to run one fawning “Isn’t he just wonderful?” piece after another.

The stimulus has failedIt’s not merely the fact that only 3% of the stimulus funds have been spent so far, which is EXACTLY what Republicans predicted would happen as one of their objections to it.  It’s not even that the stimulus has been filled with socialist pork barrel waste to pay off politically-connected liberals, which Republicans also predicted.  Ultimately, the stimulus has failed for the very same reasons that Americans despise the GM bailouts: because it depends on the morally and factually-depraved economic theory that the government can spend your money more wisely than you can.

How many jobs would the American people have been able to create had they had the $50 billion that Obama threw at GM?  More importantly, how many jobs would the American people have been able to create had they had the $3.27 trillion of the porkulus bill?

Sadly, what we’re left with are Barack Obama’s politically ginned-up “saved” jobs.

Commissioner Keith Hall of the US Bureau of Labor Statistics is on the official record saying there is no way to verify Obama’s “saved job” claims (here is video of him acknowledging that very fact).  Thus the Obama administration is free to simply pull numbers out of thin air and claim the success of their policies.

Obama is now promising that 600,000 jobs will be “saved or created.” Don’t believe him.  He is already a documented liar on this very subject.  He is deliberately using statistical gibberish that is designed to allow him to conceal the truth from the American people, and it is in his political interest to continue lying.

If you’ve lost your job, just realize that your president is far more interested in playing games with statistics than he is in actually doing something that will help you find meaningful employment.

The president is a slick-talking incompetent fool.  And the longer it takes for the American people to realize it, the worse it will be for us.

Obama Reveals His Porkulus Was Bogus In His Own Bogus Claims

May 29, 2009

Pardon my language, but the Obama stimulus bill was crap.  It hasn’t produced squat.  It was a gigantic $3.27 trillion socialist spending giveaway that has rightly been called “the Generational Theft Act of 2009.”

First we had Barack Obama, then Joe Biden, falsely claiming that they had the porkulus plan had created or “saved” 150,000 jobs.  There is no proof that any such number of jobs have been created (the figure is actually merely an estimate of what Obama’s own economic advisers say they think the stimulus bill is doing, and not based on any evidence whatsoever of its actual effects).  And for what it’s worth, I can claim that I “saved” 150,000 jobs – and you just try to prove that I didn’t.

Any rational human being has to mock Obama for claiming he “created or saved” jobs.  The national media would NEVER have allowed George Bush to get away with such pinheaded partisan polemics.  By contrast, the mainstream media wouldn’t even allow Bush to claim he kept America safe in spite of the obvious fact that he clearly did.  Even five years after 9/11, fully two-thirds of New Yorkers said they were still “very concerned” about another terrorist attack on the cityEverybody thought we’d be attacked by terrorists again.  Bush kept the American people safe by carrying the fight to the enemy on foreign soil.  Yet the media that has blithely allowed Obama to claim he “saved” jobs has bitterly resisted allowing Bush to claim he “saved” lives.

Obama’s arguments that the stimulus worked have increasingly come to sound like Hitler’s claims that the invasion of the Soviet Union worked.

Among other problems is the fact that only 3% of the stimulus funds have been actually spent so far, which precludes it as a factor in any discussion of “economic recovery.”  Particularly when the states and regions that were hardest hit by the bad economic conditions didn’t even get any money.  And please don’t forget that conservative predicted that the funds wouldn’t go out fast enough to make any difference in any short-term economic recovery, and complained that the people weren’t given enough time to pass a better bill.  Congressional Democrats didn’t even read the bill that they rushed through the process.

Obama’s own rhetoric proves how terribly flawed his arguments and ideas were.

Obama promised Caterpillar workers in Peoria, Illinois that laid-off workers would be rehired if his “Death to America Act” (aka his stimulus bill) passed.   Not only was that a complete fabrication, but 2,400 additional workers have been laid off since the passage of porkulus.

But now there’s an even BIGGER bogus ‘Bama baloney claim that has been utterly refuted by actual reality.  In a March 7 speech in Columbus, Ohio, Obama said the following:

Now there were those — there were those who argued that our recovery plan was unwise and unnecessary. They opposed the very notion that government has a role in ending the cycle of job loss at the heart of this recession. There are those who believe that all we can do is repeat the very same policies that led us here in the first place. […]

So for those who still doubt the wisdom of our recovery plan, I ask them to talk to the teachers who are still able to teach our children because we passed this plan. I ask them to talk to the nurses who are still able to care for our sick, and the firefighters and first responders who will still be able to keep our communities safe. I ask them to come to Ohio and meet the 25 men and women who will soon be protecting the streets of Columbus because we passed this plan. (Applause.) I look at these young men and women, I look into their eyes and I see their badges today and I know we did the right thing.

These jobs and the jobs of so many other police officers and teachers and firefighters all across Ohio will now be saved because of this recovery plan -– a plan that will also create jobs in every corner of this state. Last week, we announced that Ohio would receive $128 million that will put people to work renovating and rebuilding affordable housing. (Applause.) On Tuesday — on Tuesday I announced that we’d be sending another $935 million to Ohio that will create jobs rebuilding our roads, our bridges, and our highways. (Applause.) And yesterday, Vice President Biden announced $180 million for this state that will go towards expanding mass transit and buying fuel-efficient buses -– money that will be putting people to work, getting people to work. (Applause.)

Altogether, this recovery plan will save and create over three and a half million American jobs over the next two years.

Well, what has happened since the applause lines?  What has happened since the Teleprompter of the United States was packed up and hauled away?

The AP article covering the event noted that Obama “suggested that critics talk to 25 police recruits in Ohio’s capital city who owe their jobs to stimulus spending and ‘talk to the teachers who are still able to teach our children because we passed this plan.’”  It also described how “Obama touted the 114th police recruit class as proof that the stimulus plan, which drew scant Republican support in Congress, is paying dividends.”

That article also presented the Republican prediction that the stimulus would be a failure, and why it would be a failure.  The very last sentence in the article says:

Breann Gonzalez, a spokeswoman for Rep. Pat Tiberi, one of eight Ohio Republicans who voted against the stimulus, noted that the money that saved the recruits’ jobs will run out next year. [Columbus Mayor] Coleman hasn’t said how he’ll pay the officers’ salaries after that.

Look what has happened since:

Without tax increase, 300 police officers to be laid off
By Robert Vitale  May 26, 2009   THE COLUMBUS DISPATCH

Nearly 300 Columbus police officers – 17 percent of the force – will be laid off next year if voters don’t approve an income-tax increase on Aug. 4, Columbus Police Chief Walter Distelzweig said this morning.

“If we receive additional revenue, these cuts would not be made,” Distelzweig said.

The 2010 budget plan he unveiled this morning is based on revenue projections without the proposed tax increase. The Police Division would shrink by 324 officers, with 297 layoffs and 27 retirements, according to the chief.

If the cuts happen, the division would have fewer officers than in any year since 1993. Columbus had 91,000 fewer residents then.

Potential layoffs would affect the 25 recruits whose class was saved by federal stimulus money this year. Officers hired during the past four years likely would lose their jobs, Distelzweig said.

And I’d be willing to bet the jobs of all the firefighters and nurses and teachers Obama talked all that smack about are in the same boat.

In other words, Obama created 25 jobs and saved about 300 others – until they were told to expect their pink slips less than 3 months later.  And it only cost $3.27 trillion dollars.  There’s your tax dollars at work.

How is it that jobs that have already been “saved” by Obama’s gargantuan stimulus plan now have to be “saved” again by a massive state tax increase?

About the only jobs that are being created by porkulus seem to be making the road signs that falsely advertise currently nonexistent construction projects.

We’ve also learned the poor are getting poorer under Obama’s “stimulus.”

Obama’s stimulus was based on bogus and failed economic theory that won’t work.  The President of the European Union has called Obama’s plan “the road to hell” and argued that it will undermine the stability of the global financial market.”  China’s Director General of the Chinese Banking Regulatory Commission has expressed fear that Obama would
devalue not only your [US] currency but the currencies throughout the world.”  Russian Prime Minister Vladimir Putin warned Obama about his country’s own failed experiment with socialism and urged against “excessive intervention in economic activity and blind faith in the state’s omnipotence.” And “analysts are increasingly concerned about the Treasury’s ability to fund costly economic rescue measures that are expected to drive this year’s budget deficit to $1.75 trillion.”

Don’t take my word for it that the stimulus was the gargantuan fraud that Republicans claimed it would be; just look at what Obama promised would happen, versus what actually HAS happened.