ECONOMIC: Obama Stimulus, Auto plummets, Construction drops, States increase traffic fees

Obama works on a $775 billion dollar stimulus package, San Francisco considers driving fees, the Asian car companies struggle, Russia cuts gas to the European Union and construction is down.

Obama plan includes $300 billion in tax cuts
http://www.msnbc.msn.com/id/28501135/

San Francisco Studies Fees to Ease Traffic
http://www.nytimes.com/2009/01/04/us/04congestion.html?em

Russia cuts all natural gas supplies to Ukraine
http://www.msnbc.msn.com/id/28459459/

Toyota, Honda U.S. Slump Ends Gains Dating to Mid-90s
http://www.bloomberg.com/apps/news?pid=20601087&sid=aV3r__l7LlsM&refe...

Obama Said to Favor Stimulus of About $775 Billion
http://www.bloomberg.com/apps/news?pid=20601087&sid=aBVTfOpWnTFI&refe...

Asian Stocks Extend Winning Streak on Weaker Yen, Oil Rally
http://www.bloomberg.com/apps/news?pid=20601087&sid=adxVU5acs5mE&refe...

Panetta, Blair Tapped for Top Intelligence Positions
http://www.bloomberg.com/apps/news?pid=20601087&sid=ajKrT6BSAnL4&refe...

Construction spending falls less than expected
http://www.msnbc.msn.com/id/28504985/

Europe faces energy crisis as Vladimir Putin cuts Russian gas supply
http://www.telegraph.co.uk/news/worldnews/europe/russia/4127173/Europe-faces-...

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[ICGREMLINS]

I agree with you 150% Demcad, i believe the problem is bigger than they realize and it would take a minimum of $10,000 per person to even temporarily boost the economy. Obama mentioned 1 thing but seems to not be mentioning it anymore. That we need to create permanent manufacturing jobs in this country that cannot be out sourced to other countries, When NAFTA WAS PASSED THE MIDWEST HAS BEEN GOING DOWN HILL EVER SINCE. Factories started closing and have not stopped. Keep up the videos Demcad!

[DEMCAD]

I lived in Michigan for virtually all of my life and I can tell you that Flint and Detroit lost manufacturing jobs long before NAFTA.

Protectionism will not save us. Globalization did not destroy our economy, extreme consumerism and debt put us in this vulnerable situation.

[X340N3]

I doubt it is going to help at all. Just more of the same.

[wrathmaster]

Stimulus... bailouts... when will people just GET MAD RAWR.. good video btw.

[TheWOLFSOCIETY]

american cars will soon go out of business period

[ecwaufisxtreme]

Palinomics will make the USA the STRONGEST and LARGEST economy in the world and will make China get down on their knees! Hu Jingtao and Wen Jiabao are both Palin's DICKLESS and BALLESS BITCHES and PUSSIES! ALL CHINESE MEN ALL HAVE HUGE HAIRY PUSSIES and FLAT NOSES for these are truly INFERIOR TRAITS!

[sirachman]

We are screwed. Thanks for voting Obama. Yay!...

[toneo2001]

The stimulas will destroy the dollar..... If you do get a job from this pork bill, your money will buy a lot less then it does now... People are so ignorant, they think that government can solve this, IT CAN"T!!! It can and will only make things worse!! Look how well they handled social security!!! And you trust Obama as if he has dofferent ideas?? Different alright and will hurt this country for years to come!!

[ecwaufisxtreme]

You are the fool. Obambi Stimulus will fail, ushering in the 8 years of Palinomics.

[grassjacket]

you simply a fool

[ecwaufisxtreme]

This stimulus is an ominous sign that Obambi will be a 1 TERM EPIC FAIL and will lose to Sarah Palin in 2012. This country does not need a stimulus and more government spending to help the global economy. No, the world needs Palinomics. Palinomics will have save the world economy, greater than Reaganomics and Clintonomics. Palinomics is blessed with the divine power of GOD HERSELF for Palin is GOD's CHOSEN ONE, GOD INCARNATE and the LIVING EMBODIMENT OF GOD HERSELF!