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‘Jobs Created or Saved’ Is White House Fantasy
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Caroline Baum
Bloomberg
October 30, 2009
- A d v e r t i s e m e n t
Last week, the chairman of President Barack Obama’s Council of Economic Advisers — a position that carried the title “chief economist” until Larry Summers took up residence in the White House — testified to the Joint Economic Committee on the economic crisis and the efficacy of the policy response.
Here’s the executive summary in case you missed it:
The crisis: “Inherited.”
The economy: “In terrible shape” (the inherited one).
The shocks to the system: “Larger than those that precipitated the Great Depression.”
The policy response: “Strong and timely.”
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October 30th, 2009 at 11:44 am
give up the keep up with the Jones’s next door. we can only triumph with each others help. If you own your house, actually OWN it whcih means you carry the deed, take in family or friends that need a place to stay. Max out all credit and buy necessities: food, vitamins, ammo, camo clothing, firewood, etc.. then quit your jobs and don’t pay back the international bankers. If no one works for them, WHERE ARE THEIR PROFITS???? they can’t live without their PROFITS can they?? Barter everything don’t let the govt have a cut of anything then it will wither and die.
Madman Reply:
October 30th, 2009 at 6:51 pm
A better idea, have those people make themselves useful, grow food, tend a small family farm, make clothes so you don’t have to buy them at a store, learn wilderness survival skills and how to make moccasins and sell them at local flea markets… there are a million ideas that really require out right fraud to the credit card companies. Then again, any place that charges 79.9 percent interest on their card, deserves to be ripped off, in my humble opinion… but, my point is, if you guys start now, and learn how to make many things that you won’t be able to buy in a year or so, then you will be light years ahead of most people, and the shift over to a non existent economy won’t harm you as bad as it will Joe Six pack. If you can learn to hunt, fish, and make your own tools, toys and stuff… you will be much better off. Look for Kurt Saxon’s survivor books, they will give you a huge leg up on the competition.
Just a hint, but… a good sledgehammer, a automotive dent puller, and a 12 gauge with breaching rounds will help you get a lot of the vitamins, etc you need… if it comes to a looting scenario.
I’m willing to wager 90 percent of the real survival stuff will be left on the walmart shelves, while the idiots fight over a loaf of bread and a gallon of milk.
Also, many convenience stores carry a large stock of energy drinks, vitamins, etc… if it comes down to it, when, not if, the looting begins, forget about the big screens, and grab the stuff that will aid you in being aware of your surroundings, vitamins, aspirin, caffeine and other things that might give you an edge.
Also, don’t forget your local Asian and Hispanic markets, you might not eat shrimp powder or other weird ethnic food… BUT, I’ll bet that while everyone at Walmart is having a war on Bread, the Asian and Hispanic markets will not be crowded and 50 to 100 pounds of rice can go a LONG way. Also, these markets are usually not 100% dependent on credit cards, so they will probably accept your cash, longer than Walmart in a disaster situation.
kj Reply:
October 30th, 2009 at 9:13 pm
If you read the deed to a house it still lists you as a tenet not an owner. Slaves can not own land. Since every American was put up as collateral to the federal reserve after the Government declared bankruptcy in 1933 we actually can not own property it’s a myth.
Dusty Reply:
October 31st, 2009 at 6:19 am
According to their grant guidelines just about everyone who drives a nail or answers the phone on the proposed project receiving grant money is a ‘job created’ or ‘job saved’ — even it they are already driving nails or answering phones. Or even if the job is temporary.
In their minds, they are telling the truth. Only in the real world it doesn’t amount to anything.
Let’s get the message out to people.
Here’s a step-by-step method of duplicating Alex’s movie:
http://www.thetinyspark.com
END THE FED NOW Reply:
October 31st, 2009 at 6:28 am
If you want a free country END THE PRIVATELY HELD federal reserve
talk talk talk
THATS CRAP all talk leads to POVERTY
we are slaves to the system
READ THE BOOK END THE FED and WAKE U P
wake up others
aMerkin Reply:
October 31st, 2009 at 6:39 am
21 December 2012 FED will have secured all physical
gold stocks once belonging to the people of the USA.
At the end of their 99 year mandate, they have no
option but to secure another 99 years to avoid any
answers for their nefarious frauds in the great heist.
Hence the police state, rfid, cctv etc
http://www.youtube.com/watch?v=u03TfQN1pXo
October 30th, 2009 at 11:48 am
WASHINGTON – About 650,000 jobs have been saved or created under President Barack Obama’s economic stimulus plan, the White House said Friday, saying it is on track to reach the president’s goal of 3.5 million jobs by the end of next year.
New job numbers from businesses, contractors, state and local governments, nonprofit groups and universities were scheduled to be released publicly later Friday. White House economic adviser Jared Bernstein said the figures will show that, when adding in jobs linked to $288 billion in tax cuts, the stimulus plan has created or saved more than 1 million jobs.
The data will be posted on recovery.gov, the Web site of the independent panel overseeing stimulus spending.
Tcc Reply:
October 30th, 2009 at 11:53 am
lol yeah there really might only be 3.5 million jobs left by then but they will have met there promise anyway by saving those 3.5 million jobs
InvestigatEverything Reply:
October 30th, 2009 at 3:33 pm
Why, just three days ago I was sitting on my couch watching Oprah… and today, I have a job… thanks to Obama. I am putting up all the orange cones for all the road construction projects in my area. It’s tough work, but those cones need to be there. I place them perfectly. I can do at least 10 cones per hour!!!
THANK YOU OBAMA… THANK YOU.
OBAMA LOVES THE UNEMPLOYED…. ALL THE UNEMPLOYED OF THE WORLD!!!!
Madman Reply:
October 30th, 2009 at 6:54 pm
Most people on this site don’t know what satire is, so be careful…
now, on that… LOL
Thought Criminal Reply:
October 30th, 2009 at 9:21 pm
Now if can get him to pay your mortgage and put gas in your car you will be set. But wait, if he is doing that why do you need a job.
freedom Reply:
October 30th, 2009 at 1:49 pm
(DON!T YOU JUST LOVE CAP&TRADE)Beijing requires that 70% of the components in wind energy turbines erected around China be produced by factories within the country
U.S. Commerce Sec. Says China to Lift Local Mfg. Rule
By Sam Hopkins
Friday, October 30th, 2009
United States Commerce Secretary Gary Locke said on Thursday that China is moving to allow more parts from foreign manufacturers to be included in the Middle Kingdom’s domestic wind power projects.
As it stands, Beijing requires that 70% of the components in wind energy turbines erected around China be produced by factories within the country.
Locke couldn’t say exactly when the rule would change, but after the 20th U.S.-China Joint Commission on Commerce and Trade, America’s top industrial diplomat did indicate that a policy shift is on the way.
That will be a boon to American wind energy component producers like American Superconductor (NASDAQ:AMSC), whose stock rose by over 10% in the week from October 26, compared to a 3% decline for the S&P 500.
China’s loosening of domestic manufacturing requirements for wind power is also part of a bi-national wind power exchange that involves companies of all sizes.
In Texas, a consortium just announced a $1.5 billion Sino-American joint venture between Shenyang Power Group, Cielo Wind Power, and the U.S. Renewable Energy Group, a private equity fund. That collaborative effort will bring turbines from China to the Lone Star State via Chinese turbine maker A-Power Energy (NASDAQ:APWR).
Look for more news soon on the growing exchange in U.S. and Chinese wind power infrastructure expansion and the wind power stocks that could profit.
-Sam Hopkins
blowjobs Reply:
October 30th, 2009 at 1:51 pm
Apparently, even the corporate media cannot help but notice a few “mistakes” made in the latest reports on “Obama’s economic recovery plan.” – whereby the usual globalist corporations are given choice multi-million-dollar government contracts to “save jobs”:
“In one major miscount found by the AP review, Colorado-based Teletech Government Solutions had worked with the Federal Communications Commission to come up with a job count for its $28.3 million contract for call centers fielding consumer questions about conversion of televisions to receive digital signals. The company reported creating 4,231 jobs — the highest number listed in the first stimulus accounting — even though 3,000 of those workers received a paycheck for five weeks or less.” (“30,000 stimulus jobs figure is way off the mark” http://www.msnbc.msn.com/id/33522856/)
*****************************************************
If you consider that most of those 3,000 workers, who worked 5 weeks or less, were probably making $5/hour with no benefits, one may “bump into” the question: what the f— did they do with the other $28.299 million?
“We all felt it was an appropriate way to represent the data at the time,” company president Mariano Tan said.
Neocon Narc Reply:
October 30th, 2009 at 3:46 pm
Of course Obama is on schedule.
How can you drive people to government jobs if you don’t ruin the economy and put Chinese patriots like Kissinger, Soros, and Summers on the cabinet to send private jobs across seas.
You too can be a government funded company if you buy chinese like Wal-Mart.
Forget China has a track record for safety violations and poisoning to the moon.
Just keep praising their smart business tactics and bring China to the U.S.
Also by breaking the economy, and raising the age limit for servicemen, you can increase government jobs in the services.
October 30th, 2009 at 11:52 am
The cute lil birdies don’t need no stupid ass job !!!
October 30th, 2009 at 11:54 am
Even numbers only mean lies.
October 30th, 2009 at 11:55 am
All the jobs saved are for illegal aliens. The rest of you are shit-out-of-luck
JaneTheCarpenter Reply:
October 30th, 2009 at 12:49 pm
A whole lot of government jobs, If you really want to work for them.
Croc1 Reply:
October 30th, 2009 at 11:40 pm
I remember my Dad talking about the Great Depression. He grew up on this farm that i live on now. He had 12 brothers and sisters. A candy Bar or Ice cream on the Fourth of July, that was it! Cmon people, do you have any idea what that must have been like? That was your big treat for the year, five years of that. I had a tough year, but knowing what he went through, I had it great.
Most people have no idea what it means to be poor, i mean poor. Be thankful for what you have.
October 30th, 2009 at 11:58 am
Jobs? Where? Paying what? What truth?
cardog Reply:
October 31st, 2009 at 1:05 pm
Job where I have not had a job for 2 years my wife lost her job 9 months ago. Where is a Job for a 48 male and a 44 female fucking no where in Seattle , Fuck these lies.
October 30th, 2009 at 12:06 pm
If they can create jobs, why not create an extra nice one for you?
If they can create currency, why can’t you have enough to be comfortable?
October 30th, 2009 at 12:32 pm
just exactly HOW MUCH dope are they smokin up there in DC? they need to use some visine or something to clear the blurr out of their eyes, ’cause they aint dseeing the right figures.
JaneTheCarpenter Reply:
October 30th, 2009 at 12:50 pm
They don’t do drug testing up there!!
October 30th, 2009 at 12:36 pm
Does anyone actualy know anyone who believes tis stuff?
mike65 Reply:
October 30th, 2009 at 3:10 pm
MAC….. IF anyone belives this stuff,I have ocean front property in ARIZONA that I would like to sell them.
October 30th, 2009 at 12:42 pm
Watch for free:
Fall Of The Republic, Obama Deception, Endgame, Terror Storm, Loose Change, Aaron Russo’s Famous Interview (Must See), Citizen Investigation Team, Fabled Enemies, 911 Blueprint For Truth, and others all in full-length at my website.
http://www.joemarquis.com/videos.htm
October 30th, 2009 at 12:47 pm
I agree with you, DC is stoned. I have watched the “house speaker” lately, and he is such a
dumbF…., I can’t believe he has the job. There are people, who once they open their mouths and talk, you can tell after less than a minute, that they have no brains, their sole position is to
say what they are told to say, and any question that comes up that wasn’t in the script, they say they don’t have any more time for questions. Standard line.
Serfdumb Reply:
October 30th, 2009 at 1:39 pm
whatever Einstein.
October 30th, 2009 at 1:42 pm
Executive summary of Bloomberg’s position on NYC election law:
The rules: “Do not apply to me.”
The will of the people: “Does not apply to me.”
Voting: “Is for suckers who don’t know how the system works.”
October 30th, 2009 at 1:48 pm
What is Christine smoking?
She should pass some of it out about 30 minutes prior to spewing these lies, so people can sort of, you know, uh, beleive it.
Remember, you heard it from Charlie Frost.
Aloha
October 31st, 2009 at 12:21 pm
One very important point to make, is that when the government of America changes to the American Republic it will leave behind the oligarchy of men and women that have ruined the lives of so many Americans over the centuries. Judah Ben-Hur is a real person with a real name who is part of a change that is brewing in America to go up against the current system of government with more than just an idea. American’s have become complacent with those that know how to demoralize the poor and frighten the rest. They do not serve the public interest anymore, and will be replaced.
The American Armed Forces are becoming aware of Judah Ben Hur’s intent, and are interested to know more of the American Republic. Once the Manifesto is published next year, it will allow all those that are in despair to make a choice to either create a real change in America, or continue with the deceptive tactics used by Obama to fool the innocent and reward the business empire with the spoils of Americans.
Judah Ben Hur is the Ambassador to the American Republic and will if the people wish be the presidential candidate for the 2012 elections.
Ask those that are out of work, poor, sick, helpless, what they wish for? More taxes? More insult to their misery? More bills to pay? The current government under Obama are allowing the business leaders to continually rape and pillage the American people into a no win scenario.
The Obama government is not protecting the American people and will not as long as the current leaders are allowed to rein in government.
Thus a new government for the people and by the people will take place in 2012 without the consent of the current system of government and its business moguls. Once the American military makes its choice, change will be much easier for Americans.
Forget about those that wrap themselves in the flag and scream patriot, they are just doing that, wrapping themselves in a flag and nothing more.
Those that have are not the ones that complain, its those that have not, or almost have not are the ones that are in the millions and have the power to change the government. The Military is poorly paid and used for business interests rather than protecting the interests of the people of America.
So do you want to play a game…make your choice!