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  • Obama Adviser Says U.S. Should Mull Second Stimulus

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    Shamim Adam
    Bloomberg
    July 7, 2009

    • A d v e r t i s e m e n t
    • efoods
    The U.S. should consider drafting a second stimulus package focusing on infrastructure projects because the $787 billion approved in February was “a bit too small,” said Laura Tyson, an outside adviser to President Barack Obama.

    The current plan “will have a positive effect, but the real economy is a sicker patient,” Tyson said in a speech in Singapore today. The package will have a more pronounced impact in the third and fourth quarters, she added, stressing that she was speaking for herself and not the administration.

    Tyson’s comments contrast with remarks made two days ago by Vice President Joe Biden and fellow Obama adviser Austan Goolsbee, who said it was premature to discuss crafting another stimulus because the current measures have yet to fully take effect. The government is facing criticism that the first package was rolled out too slowly and failed to stop unemployment from soaring to the highest in almost 26 years.

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    74 Responses to “Obama Adviser Says U.S. Should Mull Second Stimulus”

    1. The Free Celt Says:

      Mmm so Obama’s stimulus package is too small. I wonder what does Michelle think of this?!!

      The game’s up. It all either sinks into a hole or causes hyperinflation. Thankfully some of us are ready.

      Karen Reply:

      I guess that the New World Order needs more money – maybe this time congress can actually read the stimulus package before they vote on it.

      http://www.Vote3rdPartyNow.org

      Pedro Gonzales Reply:

      “NWO” EL MUCHO CA CA DOO DOO…… NO BUENO

      bob Reply:

      LOL You assume that they can read!

      Dr. Conservative Reply:

      The stimulus package was merely a bandaid on a gaping arterial wound. Throwing money into the money pit. Buying time that doesn’t exist.

      vueflix Reply:

      Alert, Inform, Educate, Act!
      the Activist Media

      1776blues Reply:

      That site has major virus issues; avira virus picked off 24 before I could shut down IE! Not cool if it was done on purpose!

      My advice to all is stay away from vueflix

      Bill Reply:

      LOL Free Celt!

      ifurnotgonnabeatumjointhem Reply:

      http://www.youtube.com/watch?v=cwkgNf69ihY YOU ARE THE BLINDEST MUTHA FU CH AAZZ

      1776blues Reply:

      Stay away from Vueflix’s link!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! MALWARE UP THE ASS ON HIS SITE.

      Either he does not know or he has done this to infect truthers computer.

      Which one is it VUEFLIX?

    2. CJ in Roanoke Says:

      Let there be no doubt that this country is on its way to being totally wrecked by Obama. These people are insulated from the pain in DC, so they don’t care. I hope the rest of the world quits financing our reckless gov’t spending. They should have figured it out by now that they aren’t getting their money back. We are unable to pay.

      Jilly Reply:

      He has already wrecked us.

    3. Mr.Geltschmidt Says:

      hahaha idiot Americans Bist meshugeh

      Just Me Reply:

      Du Bist meshugeh! Putz!

    4. 4w578i Says:

      Like giving water transfusions.

    5. de ovious Says:

      They should go at least 5 times the amount of the first one. Clearly, they badly underestimated what would be needed; “a really big number” just wasn’t big enough, so it should be a REALLY, SUPER, big number this time. That should make everything alright.

      HanksExfed Reply:

      Really Really Super Big Stimulus, get this whole show over with already.. I have watched this country crumble for ten years now. Damn, they are going to cap and trade us, they are gonna pass another stimulus, just get it over with already!!!!!!

      Madman Reply:

      I have to agree with you, maybe a 100 googol dollar stimulus will be just the ticket… it’s not really a number based on any data point, I just tried to think of a really large number. *wink*

    6. Yo Says:

      Come on guys, dont be so selfish. The bankers gotta feed their families to ya know… lets not get greedy here…

      Pedro Gonzales Reply:

      SI SENIOR

      FreedomLover Reply:

      Let them eat cake. And drink sewer water.

    7. ste Says:

      Stop talking about MJ !!

    8. Nate Janowicz Says:

      Stop Participating in their corrupt banking system. Remove your funds from the bailed out banks, stash your cash in the mattress and get gold and silver.

      Declare Independence at:

      http://www.natejanowicz.com

      srp511 Reply:

      I agree and I’m doing that and silver.
      What if the Obama Bank holiday in Sept. is true ??

    9. Patriot_in_Arms Says:

      If you folks aren’t ready yet, food, guns, ammo, supplies, & shelter, you better get ready! This is about to come unraveled, & when it does, God help us! Join your local Militias, & start training, before you get caught with your pants down!

      Nate Janowicz Reply:

      Yes. Stay Focused.

    10. de ovious Says:

      Anyone else find it odd that these announcements are made from really far away (out of country often)? Are they worried one of us is going to hit them in the head with a bat and say “don’t be stupid, dumbass?”

    11. Max Says:

      If anyone thinks there is a shred of reality here they are heavily sedated. I heard of this one six months ago but it wasn’t supposed to happen until next year. Bob Chapman will say this will be the fatal blow, or that’s what he said back then.

    12. Breathing Easy Says:

      Another total fraud. The first “stimulus” was nothing more than a complete taxpayer funded bailout of the greedy banksters and Wall Streeters. And the elected officials and the FED knew as much from the beginning. It was a total and complete fraud on the American taxpayers.
      Again, it will be the taxpayers that will be required to foot the entire bill for the greedy banksters and Wall Streeters. It makes no difference wether our best freinds the Communists in China or the Saudis buy our debt, the FED will simply create more money digitally and buy the bonds issued buy the government, and finance the whole 2nd bailout of their member banks, with the American taxpayers AGAIN paying the interest too!
      The FED now owns America, and are enabled by our corrupt and incompedent Congress.

    13. Tim Says:

      WHAT A NUT ! More alleged stimulus = less currency value. Yea, I know there is no value in the dollar.

      cookie Reply:

      not necessarily currency values are fixed and manipulated

    14. cookie Says:

      the whole circus is a make belief system anyways , I do not understand what their fucking problem is ????

      print enough fucking money without interest and forget about it like it never happened . make belief what the fuck ?
      they print fucking money out of nothing anyways so what the fuck . convince the world to make a belief

    15. cookie Says:

      it is all stupid ass childish game anyhow

    16. Dave Says:

      The definition of a liberal is “someone who tells others how to spend their money”
      Laura Tyson fits it perfectly.

    17. Scott Carriere Says:

      IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA IMPEACH OBAMA

      Colonel Ingus Reply:

      You can’t say that enough!

      JacKbenznshitsquarters Reply:

      what do you think we should do? I dont think you were too clear in your statement.

    18. Cock Says:

      I have got that second stimulus right here in my pants , you bitch u, come and get it

      petermeter Reply:

      dear mr cock

      I havent got my microscope with me nor my tweasers. put your johnson away…this is my rifle this is my gun,,,,, ok good put the horse back in the barn that isnt neccessary.

      gross dude.

      Cock Reply:

      You are lying bitch , all u want is big hard dick up your asshole , admit it

    19. Jordan Kaufman Says:

      Okay so you impeach Obama… then what? Joe Biden takes office and the bankers finally lose their power? HAHAHAHAHA

      carl Reply:

      touche

    20. Just Me Says:

      NO MORE MONEY UNTIL THEY AUDIT THE FED!!

      Tell your Senators and Reps that!

    21. roaddog Says:

      ” how I learned to love the new world order.” joe biden 1992

    22. frederick m. pearson Says:

      Stimulus is just another word for for our organize lackey goverment and their wormwood organized banker support to create another economic bubble. Vote our bitter bringing organized lackey goverment out now.

    23. lifeinvader Says:

      stimulas packages are just another way to pass the buck unto us , the US citizens . after all this is said and done these guys will pay for their treasons against our country . there is a saying “what comes around goes around” and they will get it ….

      “DEATH TO THE NEW WORLD ORDER “

    24. lifeinvader Says:

      buck meaning new taxes

    25. SteelCityMafia Says:

      Get to Wal-Mart to stock up on some more vasoline. They’re gearing up to ass rape us all again.

      keith Reply:

      I don’t shop at Borg-Mart.

    26. caligirl78 Says:

      well… of course they want to issue another stimulus package to support infrastructure.. it’s a 3 point plan… first.. they get us by the balls with inflation and more taxes, but they get to look good because they created more jobs with which to collect taxes from the people and they get the money that they need to fund the transcontinental infrastructure for the North American Union… it all makes plenty of sense to me.

    27. Green Guy Says:

      Does anyone know of any person that has received a job from the first 1.4 trillion that has already been given away by the government? I don’t and was just wondering. The reason that the stimulus isn’t working is because it they aren’t creating jobs with the money just more beaurocrisy.

      Breathing Easy Reply:

      No.

      Even the jobs given to ACORN for the census were temp.

    28. Colonel Ingus Says:

      A second stimulus recalls to mind this joke: An Obama aid runs into his office and shouts, ” Mr. President, there were 225 Brazilians on that plane”! Obama replies,”Brazilians? Is that more than trillions”?
      The fact od the matter is that the only way out of a recession is to let people keep their money. A second stimulus is simply a nail in the coffin of this country’s existence as we know it.

    29. JacKbenznshitsquarters Says:

      I have three beans barry, they lead you into the clouds where the giant lives…you climb up there sneak into the castle and steal the goose that lays the golden eggs you need to feed the demon queen.

      Becareful of the giants HAARP she sings and can shake you to the ground.climb down quickly and keep the goose quiet.. or you are gonna wake the GIANT.

    30. ifurnotgonnabeatumjointhem Says:

      STRIKE

    31. Dedicated Patriot Says:

      Perhaps this goon and all the other goons should “mull” suicide and save the rest of us the trouble of going after them.

    32. "Redneck" Lady Says:

      They say the ‘devil’ always overplays his hand. Sure looks like that devil in DC is overplaying his. His popularity is plummeting even among those stupid enough to have voted for him. I sincerely hope that this is the wake-up call the rest of this country needs to see him for what he is. We need to IMPEACH him and his entire infestation NOW! (haven’t decided if his infestation is best represented as fleas, roaches or arachnids.)

    33. keith Says:

      Here is another check but you can’t have a job.

    34. Joe Public Says:

      Time for a party stimulas

      Free Beer at football games (all season)
      –added– lets make this all pro-sporting events

      2 Free movie rentals a week

      10 gallons of gas free every month

      20 coupon towards your cable bill (internet not included)
      -Free Fox News, MSNBC and other big news sites

      Coupons for treats with HFCS and other GMO goodies

    35. solar guy Says:

      They are doing EVERYTHING in thier power to make us go broke!!!!
      Does YOUR Congressmen and Senators approve of this B.S.???
      Write them and least tell them that you don’t!!!

    36. The bible is the WORD OF GOD Says:

      goodnewsaboutgod.com by a woman dr day an amazing and smart woman

      that knows the TRUTH

    37. AJ Videos Says:

      HERE: Stream and Download ALL the best interviews and rants from the Alex Jones Show Archives:

      http://alex-jones-archives.politicsfiles.info/

      TODAY:
      - Today’s Guest”Max Keiser”
      - Total Land Grab (California) by The Banksters is Underway!
      - Bill Federer:How America Was Founded & What it Stands For
      - Bob Chapman:John Kerry Says Senate Will PASS The Cap & Trade/Tax Bill !!!

      Backup your favorite episodes, don’t miss any!

    38. Chips Says:

      Again? The transparency is almost blinding.

    39. FED UP OF D FED! Says:

      WTF!!! another stimulus???? fcuk that!!!!

    40. ferdg Says:

      What, he is out to finish the Job and to have a dollar bill to wipe with.

      Wonder what language you will need to know?

    41. Brandon Kastning Says:

      Please help me. I will do web design from a tent! http://www.brandonkastning.net

      radhe Reply:

      good luck brandon! It is good to know in theses times that we are not the body and do live forever, fully independent from the outer circumstances! In fact the environment is even always
      favarouble to go deep in our relationship with god, which is based on love – not fear.

    42. Stand Down Says:

      Hey alex…Are you going to talk about michael jackson for a whole two hours again today? Why dont you take some of that $280.000 you sucked out of your sheep and have a psychiatrist help you recognize what a raving psychotic loon you are. you big fuckin dope.

    43. Michael Says:

      To any American or Chinese gov’t official that may stumble upon this. Make as many “Bills” and debts as you wish. I for one, will NOT PAY. If God sees fit to have this country wake up and take itself back over, don’t look at me to pay for the ignorance of these administrations. My advice is to stop buying these treasury notes, unless of course, firewood is low.

    44. Madman Says:

      This is what California and the rest of the states will look like, once the second stimulus hits, and the world realizes we are all bankrupt.

      http://www.youtube.com/watch?v=i2K9pRpPfnk

    45. DoooNattin Says:

      Ok, so there is to be another bailout in October.

      The third, fourth… I lost count.

      Anone got any ideas on what we can do about this. Any ideas on how we can stip it?

      You can see where I am going with this. The FIRST bailout saw a chance to turn real concern into action, real outrage into change. NOTHING came of it. Then came the SECOND bailout and that passed without anyone blinking an eye. The next bailout will happen.

      Ok, I will start with the ideas of what to do. Get enough food and water (beer) etc to last a week… NO a month… and drop tools and stay at home. DoooNattin and stay at home… DO NOT PARTICIPATE IN THE GAME. DO NOT FIGHT… DO NOTHING!!!

      What will they do, come to your house and march you to work under armed guard?

      Everyone…. DO NOTHING… It will be the biggest party in the world.

    46. cookie Says:

      Here is what is going to happen soon .

      1 CA will fail .

      2 DOW will be at 2000 or below CPI will be slightly higher although everything in the store will be much more expensive

      3 Our Loving Government will raise interest rate to 20 % or higher to defend the dollar

      4 Our debt and deficit will double or triple

      5 SS welfare checks will be suspended people on government assistance will be rounded up and placed in FEMA camps becsue they will represent threat to others

      6 martial law everywhere . time curfew

      7 before finally collapsing our money Elites will manipulate price of gold down and food up so people will voluntarily surrender all of their gold .

      8 gun and gold for food programs in place already

      9 Good luck to everyone , land rocks gold sucks

    47. stefanos Says:

      What did the first stimulus do?

    48. wireman Says:

      No suprise here. Laura Tyson belongs to the Council of Foreign Relations.