(2009-01-16) — With just hours to go before his inauguration as the 44th president of the United States, Barack Obama revealed today what he called “the multiplier” in his economic stimulus plan.
A day after his Democrat colleagues in Congress unveiled an $825 billion package of government spending, and tax cuts for people who don’t pay taxes, Mr. Obama said virtually all economists agree that massive federal government spending is the only way to stabilize the economy, but even a trillion dollars or more might not do the job.
“The secret ingredient in my plan, the multiplier if you will, is the power of the people,” Mr. Obama said. “I intend to lead my fellow Americans to do what I’m leading the government to do. As an act of national service, I’m calling on each citizen to go out and borrow every dollar you can get your hands on, and then spend it as fast as you can. This surge in consumer demand, will boost employment and inject new cash into our foundering economic system.”
The president-elect said, “If getting the government on a faster borrowing and spending binge will stabilize the economy, then getting every American to do it will lead to an unprecedented economic boom.”
Mr. Obama gave some practical tips on how to create your own economic stimulus package: “Max out all your credit cards, then apply for new ones and do the same. Take another second mortgage on your home. If you’ve already done all that, then package your debt as an investment and sell it for cash…although you may need to know someone in China for that part.”
He encouraged newly-stimulated citizens to “buy luxury goods, a new car, hire a butler, a maid, a gardener or a Nanny.”
To foster participation in his plan, Mr. Obama said the federal government would stand behind every dollar of consumer debt “to ensure that Americans who risk it all for the good of the country don’t face the consequences of their patriotic actions.”
41 responses so far ↓
1 RepublicanAttackMachine // Jan 16, 2009 at 8:05 am
This actually sounds like something the Dems would go for Scott!
Here is another stimulus plan from Sen. (Dingy) Harry Reid. Bring a Trillion, (or so), dollars to his home state of Nevada, enter any casino, (well, not the Indian ones though), and place it on the color black at the roulette table, (we Dems know that right now the color “RED” is a big loser). If you win, voila, the Obummer guv’mint has an extra Trillion to spend on social programs, but even if you lose, you can claim the gambling loss on income taxes, (or so I am told by a man who wants to be Treasury Secretary who wishes to remain unnamed), and the Trillion will certainly help Nevada with the mess we Dems now have it in!
Win-Win, I tell ya!
2 Darthmeister // Jan 16, 2009 at 8:07 am
Waxman Promises Quick Action On Global Warming
Another Democratic nutjob led by highly politicized faux “science”. What, send fire extinguishers to the Sun?
You know, I bet if glaciers were pushing into Chicago, Detroit, and New York City, these Global Warming kooks would still be talking about “global warming” and “greenhouse gases”. And to add insult to injury, they’ll be taxing us out the wazzoo to make us even colder!
3 gafisher // Jan 16, 2009 at 8:07 am
“… hire a butler, a maid, a gardener or a Nanny.â€
That last one is included with our new government. I was going to say it comes free, but we all know that’s not so.
wv - won crowds - by Puttin’ on Ayers©.
4 Darthmeister // Jan 16, 2009 at 8:11 am
BTW, if it hasn’t been posted yet: Two Democrats on an Escalator
And why is this so hilarious? Because intuitively we know it’s essentially true when it comes to their incredibly stupid idea that government authorities know how best to ru(i)n our lives, liberals haven’t a clue.
5 RepublicanAttackMachine // Jan 16, 2009 at 8:12 am
My outside temperature gauge now says -10, so I though I would try something to make me warmer said by a VERY respected, (well by left wing kooks anyway), Nobel Prize winner, but no matter how many times I say, “The planet has a FEV-ER” it is still “Global COOLING” COLD!!!
6 gafisher // Jan 16, 2009 at 8:14 am
Darth Re#2: I just finished shoveling six inches of what real scientists consider the most significant greenhouse gas out of my driveway. It’s almost as though the system was self-correcting or designed, built and cared for by Someone greater than even Al Gore.
7 RepublicanAttackMachine // Jan 16, 2009 at 8:22 am
Darth re#2, Maybe Waxman should contact Bruce Willis. He has already been to the Sun on a mission to save Planet Earth, I am sure he would do it again!
PS: I was typing a follow up to my first post, (that posted as #5), before I read your post at #2.
Either great minds think alike, OR, with this bitter cold, it is probably more likely, it is hard to think about anything else!
If al (global hoax) gore were a Republican, with the record breaking cold, the comedy shows and media news shows would be unmerciful about his moronic predictions, yet I have yet to hear a WORD!
8 RepublicanAttackMachine // Jan 16, 2009 at 8:26 am
When I was a kid, (about 50 years ago-OY VEY!), there was a comedy mask they sold that made you look like you were bald, with a mustasche, and black rimmed glasses. When you put it on, you looked EXACTLY like Waxman!
9 gafisher // Jan 16, 2009 at 8:30 am
Obama, Pelosi et al believe “money” and “wealth” are synonymous and created not by individual effort but by government decree, through the medium of fiat currency — print more money, create more wealth. This fiction is the fundamental building block of Socialism, and has destroyed many economies in the past. The difference this time is that those other countries could appeal to the USA when multi-thousand-percent inflation rendered their currencies less valuable than the paper on which it was printed; when the world’s “last resort” has been looted, we’ll have nowhere to turn.
10 gafisher // Jan 16, 2009 at 8:42 am
RAM Re#8: My first thought, when I saw that news photo of Waxman, was of this great (and now even more therapeutic!) toy from the 1950s.
11 RepublicanAttackMachine // Jan 16, 2009 at 8:50 am
gafisher: Hilarious! When I saw you had a link, before I clicked it, my thought was you had linked Mr. Potatoe Head!
Wait, did I spell Potato right?
Speaking of that gaff, I still wonder why the Idaho potato growers association has never approched “Dan” about doing a commercial for them. Even as a Republican who respects the former V. P., I think that would be a hoot!
12 gafisher // Jan 16, 2009 at 8:52 am
Speaking of Brave New Policies, the “Don’t Ask, Don’t Tell” doctrine has been repurposed. After January 20th it will no longer apply to the Military, but will instead take effect among the Press Corps. For the next four years, in any issue which might embarass the White House, the MSM won’t ask, and Obama won’t tell.
13 JamesonLewis3rd // Jan 16, 2009 at 8:54 am
If I may be so bold as to paraphrase:
“There is a consensus; I am it and I decree…..” as translated from the diabolically-mutated Algorian/Keynesian/Stalinist dialects.
Lost-in-Translation:
Undertones of chaos, double-speak speaking to itself and, yes, the potential for vast human suffering. The floodgates are straining against the decadence. And I’m not even trying to be melodramatic.
Thank you
14 RepublicanAttackMachine // Jan 16, 2009 at 8:55 am
I was wrong. Mr. Potato Head looks more like Charles Rangle! See for yourself: http://www.kitestailstoys.com/product.php?productid=22475&cat=973&page=1
15 gafisher // Jan 16, 2009 at 9:14 am
RAM Re#11, you’re undoubtedly aware of the facts behind that spelling bee incident — the (public school) teacher had spelled the word as “potatoe” on the judges’ cue card and Quayle didn’t think it was his place to renounce her on national TV. As has been said, “never neglect an opportunity to correct a liberal.”
16 conserve-a-tip // Jan 16, 2009 at 9:36 am
RepublicanAttackMachine: Re # 5 - That would be “the planet has a f-f-f-f-f-fever”
Scott, I thought that Obama’s “multiplier” was Nanny Pelosi. She seems to be multiplying her demands.
[A democracy] can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. Great nations rise and fall. The people go from bondage to spiritual truth, to great courage, from courage to liberty, from liberty to abundance, from abundance to selfishness, from selfishness to complacency, from complacency to apathy, from apathy to dependence, from dependence back again to bondage. . It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.” Alexander Tytler
wv: of Moses Obama, the people aren’t satisfied with Manna from Heaven. They’re screaming for quail.
17 boberinyetagain // Jan 16, 2009 at 9:44 am
Hard to believe that Obama would stoop to this level because apparently he’s emulating the wrong guy…
To understand this link between today’s financial crisis and Bush’s wider national security decisions, we need to go back to 9/11 itself. From the very outset, the president described the “war on terror” as a vast undertaking of paramount importance. But he simultaneously urged Americans to carry on as if there were no war. “Get down to Disney World in Florida,” he urged just over two weeks after 9/11. “Take your families and enjoy life, the way we want it to be enjoyed.” Bush certainly wanted citizens to support his war — he just wasn’t going to require them actually to do anything.
18 boberinyetagain // Jan 16, 2009 at 9:45 am
Where did he get a dumb idea like that?
To understand this link between today’s financial crisis and Bush’s wider national security decisions, we need to go back to 9/11 itself. From the very outset, the president described the “war on terror” as a vast undertaking of paramount importance. But he simultaneously urged Americans to carry on as if there were no war. “Get down to Disney World in Florida,” he urged just over two weeks after 9/11. “Take your families and enjoy life, the way we want it to be enjoyed.” Bush certainly wanted citizens to support his war — he just wasn’t going to require them actually to do anything.
19 boberinyetagain // Jan 16, 2009 at 9:47 am
from zero to double posts in nothing flat…
wv = opium politicians…are you kidding me?
20 Pseudo-Polymath » Blog Archive » Friday Highlights // Jan 16, 2009 at 10:19 am
[...] satirical piece makes an interesting point. If the “multiplier” idea is dumb … why isn’t it dumb when the Feds do [...]
21 Stones Cry Out - If they keep silent… » Things Heard: e50v5 // Jan 16, 2009 at 10:20 am
[...] satirical piece makes an interesting point. If the “multiplier” idea is dumb … why isn’t it dumb when the Feds do [...]
22 RepublicanAttackMachine // Jan 16, 2009 at 10:36 am
If you need a good laugh this morning, read this “Top Story” from AOL about “Rosie”: http://www.popeater.com/television/article/rosie-talks-blogs-booze-and-ann-coulter/306354
Two of the funniest are, how she blames “bad reviews” of her variety show for almost turning her into an alcoholic, (naturally it was someone elses fault she has no talent), and her take on Ann Coulter. Her feelings about Ann, pretty much describe Rosie!
23 RepublicanAttackMachine // Jan 16, 2009 at 10:43 am
Two weeks after 9/11, a LOT of Democrats who ALSO voted for the war, were ALSO telling Americans to get out to the malls, and not be afraid of “the enemy”.
Libs have such a selective memory, don’t they?
They ALSO like to REPEAT themselves, as evidenced above.
24 boberinyetagain // Jan 16, 2009 at 10:48 am
I just found it amusing that Scott would write a satirical piece that implied that Obama would suggest something that George already had.
Only George wasn’t being satirical, was he?
25 gafisher // Jan 16, 2009 at 11:37 am
Yep, 9/11 was Bush’s fault, yada yada liberal yada.
Everyone’s happy about the outcome of yesterday’s plane crash; imagine how it would be portrayed in the media if we weren’t so close to the Obama inauguration:
.
26 upnorthlurkin // Jan 16, 2009 at 11:40 am
You poor, pitiful, little, guy…. guess what?! We picked up on the fact you hate our President. You come here and parrot the Lame Stream Media’s excuse for news and expect what!? We come here to be entertained and enjoy ourselves reading Scott’s humor. I think you’re one of the underemployed…..bob….you should be writing for the perky one, if not The View. Believe me, you just ain’t gittin’ the comedy thang….
God have mercy on America!
27 gafisher // Jan 16, 2009 at 11:44 am
Hey, I’m waiting for Biden to announce that “The Miracle on The Hudson” was the “big test” he’d said Obama would face — and has passed by exercising just a fraction of his amazing powers.
28 boberinyetagain // Jan 16, 2009 at 12:29 pm
I actually enjoyed the fact that y’all would poke fun at something that Obama MIGHT say that’s something George suggested with a straight face.
If you don’t find the humor in that then you don’t know humor
29 boberinyetagain // Jan 16, 2009 at 12:30 pm
And I’ll take all the pity I can get, thanks!
30 onlineanalyst // Jan 16, 2009 at 12:39 pm
RAM @ #8 and gafisher @ #10: In re to your comments about Henry Waxman, his appearance and his plans to lard up the budget and legislation with eco-pork, I decided a long time ago that the California representative was a fruit bat. That is, he is a combination of a fruit(loop) and a (moon)bat.
I was wrong. He looks and acts more like a vampire batand he is in cahoots with the bat-mistress, Bella Pelosi. Between the two, they will drain the lifeblood of the economy by thinking that they have the capability as humans to affect climate.
31 gafisher // Jan 16, 2009 at 12:48 pm
OLA Re#30, I’m not a PETA supporter or anything but that seems awfully unfair to vampire bats.
32 onlineanalyst // Jan 16, 2009 at 1:04 pm
Isn’t that image likeness uncanny? The URL link was so lengthy that I thought that it wouldn’t post.
boberin: I remind you that when our banking and financial center was attacked (again…but with more consequence) on 9/11), President Bush urged people to get on with their lives in order to quell national panic and to reassure its citizens that our economy was not destroyed by this atrocity.
As a consequence, the country flourished for six long years.
The economy began to tank when OPEC drove up the price of oil and, thus, the price of every consumer good. Essentially, the economy began to become negatively affacted when the Democrat-dominated House and Senate took power in 2006. Their refusal to address the out-of-control Fannie-Freddie mess and their stubbornness in not permitting energy independence with more drilling and mining of resources put the icing on the cake, so to speak.
Congress’s chickens have come home to roost (as Rev’rund Wright would put it). Congress has abandoned its role as responsible keeper of the purse. Most economists recognize from hindsight that dribbling amounts of personal tax rebates do not address the larger problems of a stalled economy.
History also shows that top-down central planning by the goverment a la FDR with wage and price controls, make-work public-works programs, and protectionism only puts a nation further into debt and doesn’t solve the root of the problem.
Our national debt is already deep enough. (It is our entitlement social programs, not our national security obligations, that have put us there.) Obama and the Democrats will entrench us even deeper, to the point that we will all be serfs to the State for multiple generations.
33 upnorthlurkin // Jan 16, 2009 at 1:20 pm
Ah, OLA, please don’t try and confound that poor little guy’s brain with facts…..his education in government class apparently didn’t include anything at all about the three branches of government. With terminal BDS, he is incapable of anything but blaming President Bush for any and all misfortune in his pitiful life. I’m sure President Bush is responsible for him losing his old job where eveyone liked him…
34 boberinyetagain // Jan 16, 2009 at 1:21 pm
Serf’s up! Cowabunga dude…
35 boberinyetagain // Jan 16, 2009 at 1:26 pm
So Geoarge suggesting a trip to la-la land inspired us to carry on and lifted us to heights previously unknown…
So why is it amusing to think that Obama might (he didn’t/won’t but this piece explores the possibility of “what if” and makes fun of that thought) suggest much the same thing.
It was a good/noble idea then but it’s a bad one now?
Upnorth, everyone likes me here too (thanks for asking)…but it’s anyone’s guess as to how long any of us will remain employed and, yes, this time I’ll blame it on George should I be laid off.
36 upnorthlurkin // Jan 16, 2009 at 1:34 pm
Wouldn’t have anything to with the fact that you spend hours playing on the internet on company time, huh?! Must be another booming business….
Any why not, I repeat you blame everything else on him….and add insult to injury, he can take it! He is stong enough to do the right thing no matter how many weak-kneed come to hate him for it. Personally, I’m grateful there have been no more attacks on America….he’s kept my loved ones safe for seven plus years. Just awful….
37 boberinyetagain // Jan 16, 2009 at 4:25 pm
It’s because of George that I have the time to play. I’d much rather be busy.
And, I did appreciate Dick patrolling my yard, it did indeed keep me safe from…other againg duck hunters
38 baragirl // Jan 16, 2009 at 7:41 pm
RAM#14 .
And Mrs Potato Head look just like Barney Fwanks.
39 baragirl // Jan 16, 2009 at 7:49 pm
So ,bober, saying,
“Be Not Afraid” is just as silly as saying
“Borrow and Spend “?
Or should I say comedic?
I seem to recall you had even more time to “play”on the job from which you were fired,was that the one where you wrote comedy?
prettyold
40 Darthmeister // Jan 17, 2009 at 3:31 pm
When the jet plunged into the Hudson River, I bet the media was hoping to get a shot of Mr. Obama walking on water to save the passengers.
BTW, it took incredible skill and cool thinking for a passenger jet like that to make a completely safe water landing. Amazing the thing was still floating, enough so that passengers were standing on the wings!
41 baragirl // Jan 17, 2009 at 11:07 pm
That picture is Awesome,the one of the passengers standing on the wings. The Lord was definitely THERE.
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