Has any wondered, how the economy could have gone so bad so quickly. The answer is that it was all over the news, repeating over and over and over that we were going into a recession. And we all know if you tell the sheep to walk in a line enough times they will do it.
Pity you didn't show the same level of fiscal restraint when it came to the Detroit auto bailout Rep. McCotter, which you supported... Do as I say, not as I do?
The Detroit auto bailout is a LOAN, of only 15 billion, with interest due back. Unlike the $400 billion plus GIFT given to the banks, and Obama will request another $500 billion GIFT for the banking industry as soon as the $Trillion piece of crap pork "stimulus" bill is finalized.
Did you know this was done once before with Chrysler and the LOAN was paid back in full with Interest and the Government actually made money on the deal.. Huh did you know that!!!
Well shucks, I did know that. Sorry to spoil your fun. Given that GM has 20% higher costs of production than Honda or Toyota, we'll see how long it takes for the government to "make money on the deal". Given that GM is already heading back to the feeder for more slop, your theory of a payback seems quite amusing. Want to buy a bridge?
Not bad, Rep. McCotter. We could use more details as to what exactly those proposed solutions from the Republicans were, though.
Here is a proposal I have: If we stop spending money on wars overseas that have no direct relation to our own affairs, stop the drug wars and tax marijuana (just like tobacco and alcohol), sever the connections between business and government, and streamline our government back to a constitutional level, I think we could see our economy recover.
Although I don't agree with your stance on illicit drugs, I think what you've said makes 100% sense. Nothing stimulates an economy more than lowering taxes on those that pay the most. After all, what will those with such money do? They'll most likely invest it it in order to grow it. And how to grow it? By creating jobs! That's what people with money do. We spend money on goods, they spend it on creating jobs. LOWER THE TAX RATES ALREADY! Thank you.
As part of Obama's stimulus package Nancy Pelosi said she wanted to fund more contraception and "Planned Parenthood" abortions of minority babies!
So if you are a minority or low income family then you need to kill your baby to stimulate the economy but a white girl like Elizabeth can have as many kids as she wants?
Pelosi should be tied to a stake and set on fire and burnt like the witch she is.]=
Democrats spending more on waste than benefit - what else is new? I thought Obama was going to align more with the conservative dems and bring real change. Alas, it only took 6 days to lose the grassroots for the green pockets.
He was talking about this stimulis before he got into office. So what is the solution to help boost the economy to spend? I don't know, I don't think that tax cuts will do anything right now when more people are out of work and can't pay substantial taxes anyway. What will tax cuts do to for people loosing their homes? Nothing.
tax cuts puts money in peoples pockets. for those on the lower end, it means being able to buy goods, which stimulates the economy. For those on the higher end, it means investment in new business, which creates jobs for those who are out of work. Nothing is going to be an immediate fix, but government spending is inefficient at best and corrupt at worst
did you know repubs say giving money to mdicaid right now is not stimulating when now almost 6 miliion out of work lost jobs that have no health care & will need to get it somhow eliminate bills a worry for family especialy with babys & repubs want to ad even more than obama is to small buisiness when not posible to ad jobs when not selling products or service. we need to create new jobs to get people working. like bridges &energy jobs .. work with dems not behind there backs repubs.
Well said Mr. McCotter, I support your position. I have the same thoughts and concerns.
rzs5tm 3 years ago
Has any wondered, how the economy could have gone so bad so quickly. The answer is that it was all over the news, repeating over and over and over that we were going into a recession. And we all know if you tell the sheep to walk in a line enough times they will do it.
ladypamedu 3 years ago
Pity you didn't show the same level of fiscal restraint when it came to the Detroit auto bailout Rep. McCotter, which you supported... Do as I say, not as I do?
piliage 3 years ago
The Detroit auto bailout is a LOAN, of only 15 billion, with interest due back. Unlike the $400 billion plus GIFT given to the banks, and Obama will request another $500 billion GIFT for the banking industry as soon as the $Trillion piece of crap pork "stimulus" bill is finalized.
alfordwh 2 years ago
And you think the US taxpayer will see that repayment when? the second coming of Christ or the next Ice age?
piliage 2 years ago
Did you know this was done once before with Chrysler and the LOAN was paid back in full with Interest and the Government actually made money on the deal.. Huh did you know that!!!
mdbrenna 2 years ago
Well shucks, I did know that. Sorry to spoil your fun. Given that GM has 20% higher costs of production than Honda or Toyota, we'll see how long it takes for the government to "make money on the deal". Given that GM is already heading back to the feeder for more slop, your theory of a payback seems quite amusing. Want to buy a bridge?
piliage 2 years ago
So, how exactly is that Chrysler loan working out for you, mdbrenna? My tax dollars at work. Wonderful.
piliage 2 years ago
This has been flagged as spam show
Fed debt per person: $58K
Un-funded Medicare/Medicaid per person: $332K
Fed's plundered trusts per person: $30K
Un-funded SS: $166K
Every American owes: $586K for FED debt
Gov grows 4 Xs faster than economy
Fed spending grows 16 times faster than economy, (16 fold expansion in control & gov dependence)
The US gov now holds 57% share of entire National Income = Government makes more than all the money made in private sector!
How long does the USA honestly think it will last?
sugarpuddin88 3 years ago
Not bad, Rep. McCotter. We could use more details as to what exactly those proposed solutions from the Republicans were, though.
Here is a proposal I have: If we stop spending money on wars overseas that have no direct relation to our own affairs, stop the drug wars and tax marijuana (just like tobacco and alcohol), sever the connections between business and government, and streamline our government back to a constitutional level, I think we could see our economy recover.
YAOMTC 3 years ago
Although I don't agree with your stance on illicit drugs, I think what you've said makes 100% sense. Nothing stimulates an economy more than lowering taxes on those that pay the most. After all, what will those with such money do? They'll most likely invest it it in order to grow it. And how to grow it? By creating jobs! That's what people with money do. We spend money on goods, they spend it on creating jobs. LOWER THE TAX RATES ALREADY! Thank you.
emaildejan 3 years ago
This has been flagged as spam show
As part of Obama's stimulus package Nancy Pelosi said she wanted to fund more contraception and "Planned Parenthood" abortions of minority babies!
So if you are a minority or low income family then you need to kill your baby to stimulate the economy but a white girl like Elizabeth can have as many kids as she wants?
Pelosi should be tied to a stake and set on fire and burnt like the witch she is.]=
NewChristianSoldiers 3 years ago
Talked too much of nonsense with little substance. Layout your plan clearly for us please.
stenmark24 3 years ago
I just want to say how very proud I am of the House Republicans and the 18 Democrats who voted against this pile of pork.
The only way to stop this slide into a depression is tax cuts of all sizes and types to American business and corporations and people.
Thank Congressman McCotter once again you are on the side of the people.
ronpegt 3 years ago 6
Democrats spending more on waste than benefit - what else is new? I thought Obama was going to align more with the conservative dems and bring real change. Alas, it only took 6 days to lose the grassroots for the green pockets.
MotownMoleman 3 years ago
He was talking about this stimulis before he got into office. So what is the solution to help boost the economy to spend? I don't know, I don't think that tax cuts will do anything right now when more people are out of work and can't pay substantial taxes anyway. What will tax cuts do to for people loosing their homes? Nothing.
Gcolorina 3 years ago
tax cuts puts money in peoples pockets. for those on the lower end, it means being able to buy goods, which stimulates the economy. For those on the higher end, it means investment in new business, which creates jobs for those who are out of work. Nothing is going to be an immediate fix, but government spending is inefficient at best and corrupt at worst
mcziehl 3 years ago
This has been flagged as spam show
did you know repubs say giving money to mdicaid right now is not stimulating when now almost 6 miliion out of work lost jobs that have no health care & will need to get it somhow eliminate bills a worry for family especialy with babys & repubs want to ad even more than obama is to small buisiness when not posible to ad jobs when not selling products or service. we need to create new jobs to get people working. like bridges &energy jobs .. work with dems not behind there backs repubs.
stme2008 3 years ago