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Obama proposes $50B stimulus plan

CBC News -- U.S. President Barack Obama is asking Congress to approve at least $50 billion US in long-term spending on the country's roads, railways and runways in a pre-election effort to show he's trying to stimulate the sputtering economy.

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Submitted Sep 07, 2010 By: Hamish

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CiVX Champion Author Oakland Posts:5,707 Points:1,012,725 Joined:Feb 2009	Message Posted: Sep 8, 2010 4:28:37 AM Ignore CiVX Report Abuse If he can't get it before the election it won't happen.
Amplion Champion Author Oregon Posts:4,230 Points:1,397,195 Joined:Sep 2005	Message Posted: Sep 8, 2010 4:08:31 AM Ignore Amplion Report Abuse TEA PARTY TIME>>>>>NOVEMBER IS JUST AHEAD!!!!!!!!!
DonKofAK All-Star Author Anchorage Posts:869 Points:591,185 Joined:Jun 2009	Message Posted: Sep 8, 2010 3:51:17 AM Ignore DonKofAK Report Abuse Some thought Eisenhower foolish for building the awesomely costly Interstate Highway system. History shows it contributed mightily to the U.S. economy. Infrastructure is an un-glorious foundation to the nation's welfare. Can you imagine where we'd be if half the money spent on defense and national security over the past 25 years would have accomplished if we'd put it into transportation infrastructure? "You can always count on Americans to do the right thing - after they've tried everything else." ~Winston Churchill My fellow Republicans embarrass me with their short-sightedness. In hockey, I learned there are some players you'd rather not have on the opposing team--or your own. We're about to learn some hard lessons from the Law of Unintended Consequences. [Edited by: DonKofAK at 9/8/2010 3:54:16 AM EST]
coughlin Champion Author San Jose Posts:3,336 Points:755,050 Joined:Sep 2009	Message Posted: Sep 8, 2010 1:45:05 AM Ignore coughlin Report Abuse Money spent on existing Infrastructure is always money well spent. ALWAYS. And we can NEVER afford it, seemingly. Someone is always is 'chompin' at the bit' to get the new generation of Aircraft Carriers or fund NASA but people are loath to take care of our daily needs. It's like getting money for Christmas and your folks spending it on new underwear for you: Yeah, you need it, and yeah, it'd be ok to have .... BUT there are many, MANY other things that YOU'D rather spend it on.
PDQBlues Champion Author San Diego Posts:4,706 Points:980,350 Joined:Jan 2009	Message Posted: Sep 8, 2010 12:55:04 AM Ignore PDQBlues Report Abuse The problem with all this public money that has been spent has been very ineffective in stimulated the economy. In fact, it can be argued that, in the long run, it's made it worse. Bush's money give-away to Wall Street has only increased the size of these mega-banks and has severely hurt the midsize and small banks. Thus, "too big to fail" got even bigger and more powerful. And Obama's Auto-saving plan was too focused on saving obsolete jobs at the expense of creating new and viable jobs. None of this will help the economy; jobs will be the only way to get the country back on track. So 1.5 years after Obama takes office, now he wants job creation? With this lack of leadership, we have another decade of recession to go, folks.
MidNJ Champion Author New Jersey Posts:4,623 Points:738,520 Joined:Sep 2009	Message Posted: Sep 7, 2010 10:02:02 PM Ignore MidNJ Report Abuse Hay Sneakers, You made some very interesting responses to many of the political comments that were posted. =========== That aside, according to some who constantly say that articles that do not DIRECTLY have something to do with the gas pump price of TODAY do not belong on the GB blog. I do not agree and my belief is the GB blog looks beyond today, and we must discuss how to create positive energy in the future. Please expand on your comments.
sabob Champion Author Pennsylvania Posts:7,409 Points:674,765 Joined:Dec 2008	Message Posted: Sep 7, 2010 3:11:03 PM Ignore sabob Report Abuse Pre-election effort would be the key words here
Dennis783 Champion Author Wisconsin Posts:11,269 Points:2,246,985 Joined:Sep 2005	Message Posted: Sep 7, 2010 2:59:32 PM Ignore Dennis783 Report Abuse It didn't work the first time, so keep trying?
BMW2014 Champion Author Toronto Posts:1,794 Points:364,300 Joined:Jun 2010	Message Posted: Sep 7, 2010 2:33:42 PM Ignore BMW2014 Report Abuse I read this news before.
Night Owl Champion Author Toronto Posts:5,260 Points:1,332,750 Joined:Jul 2004	Message Posted: Sep 7, 2010 2:13:43 PM Ignore Night Owl Report Abuse Probably some of this money should have been spent earlier on simple maintenance.
uglytom Champion Author Florida Posts:5,673 Points:1,187,885 Joined:Jul 2007	Message Posted: Sep 7, 2010 1:08:03 PM Ignore uglytom Report Abuse How about a stimulus plan to toss out ALL incumbent office holders?
Sneakers55 Champion Author Houston Posts:43,319 Points:1,711,030 Joined:Nov 2005	Message Posted: Sep 7, 2010 1:02:19 PM Ignore Sneakers55 Report Abuse dacofa wrote: >He's looking 2 years down the road when it's his turn to go away. The Republicans have to come up with a solid candidate first. Sarah Palin is not a solid candidate. She's an airhead Tea Party rock star. And a quitter. Too many ethics investigations to be comfortable in the Governor's Office. Besides, given that her baby-maker daughter Bristol turned out so well, Mama Palin needs to spend more time properly parenting her remaining babies.
Sneakers55 Champion Author Houston Posts:43,319 Points:1,711,030 Joined:Nov 2005	Message Posted: Sep 7, 2010 12:50:12 PM Ignore Sneakers55 Report Abuse ziyulu wrote: >It seems like republicans are okay with using taxpayer money for wars >that do not help America, and they are not okay with spening money to >help our own country. Republicans say when Bush-43 in office: "What imposition on civil liberties? Aren't you a good patriotic American?" Republicans say when Obama in office: "GET THE GUVMINT OFF OUR BACKS!"
ziyulu Champion Author Oklahoma City Posts:6,105 Points:1,159,790 Joined:Aug 2007	Message Posted: Sep 7, 2010 12:29:19 PM Ignore ziyulu Report Abuse It seems like republicans are okay with using taxpayer money for wars that do not help America, and they are not okay with spening money to help our own country.
Sneakers55 Champion Author Houston Posts:43,319 Points:1,711,030 Joined:Nov 2005	Message Posted: Sep 7, 2010 12:22:28 PM Ignore Sneakers55 Report Abuse realtorguzzler wrote: >Talk, talk, talk, give, give, give stimulus money, vacation, vacation, >vacation all over the place. Kind of like Bush-43, but no $4 gasoline like we had back then. Obama takes frequent short vacations, while Bush-43 would disappear to Crawford for weeks. He'd even have heads of state at the ranch. >He figured we need a pacifier to get him re-elected. He's not on the ballot this time around.
fullcirclethink Champion Author Washington Posts:1,527 Points:118,645 Joined:Jun 2009	Message Posted: Sep 7, 2010 11:53:49 AM Ignore fullcirclethink Report Abuse Looks like he's been talking to ol' Joe Biden again! I can just hear the conversation: "Hey, B. Hussein ol' buddy! Let's keep spending our way out of debt!"
FPLREP Champion Author Virginia Posts:5,735 Points:1,984,150 Joined:Oct 2005	Message Posted: Sep 7, 2010 11:36:49 AM Ignore FPLREP Report Abuse Blah,blah,blah. Spend,spend,spend. And they wonder why incumbents are scared?
dacofa Champion Author Nevada Posts:3,211 Points:693,485 Joined:Jan 2010	Message Posted: Sep 7, 2010 11:30:01 AM Ignore dacofa Report Abuse Sounds like a STIMULUS plan for the dems to stay in office. He's looking 2 years down the road when it's his turn to go away.
TripleHs Champion Author Austin Posts:1,300 Points:492,480 Joined:Oct 2009	Message Posted: Sep 7, 2010 11:12:56 AM Ignore TripleHs Report Abuse it sounds a positive action for our roads ... just curious how effective it is ... hopefully not just a political move
ramammoth Champion Author Modesto Posts:1,389 Points:278,565 Joined:Mar 2007	Message Posted: Sep 7, 2010 11:08:42 AM Ignore ramammoth Report Abuse Funny, it seems that everyone was talking, throwing away money and vacationing all over ther place before the bubble burst. And now those same people are complaining about the government.
realtorguzzler Champion Author Florida Posts:1,488 Points:259,210 Joined:Jun 2010	Message Posted: Sep 7, 2010 10:51:59 AM Ignore realtorguzzler Report Abuse Talk, talk, talk, give, give, give stimulus money, vacation, vacation, vacation all over the place. He figured we need a pacifier to get him re-elected.
afghaned Champion Author Hamilton Posts:8,493 Points:820,625 Joined:May 2004	Message Posted: Sep 7, 2010 10:40:45 AM Ignore afghaned Report Abuse Spend our way out of recession is not working. It's time to try something new.
KaiserM715 Sophomore Author Houston Posts:133 Points:345,035 Joined:Apr 2006	Message Posted: Sep 7, 2010 10:37:38 AM Ignore KaiserM715 Report Abuse @bluehawk43: You would think they would learn, wouldn't you?
Bussman Champion Author Dallas Posts:3,862 Points:991,580 Joined:Nov 2008	Message Posted: Sep 7, 2010 10:21:16 AM Ignore Bussman Report Abuse I believe this is a repost.
gvan Champion Author Chicago Posts:17,783 Points:2,369,585 Joined:Dec 2004	Message Posted: Sep 7, 2010 9:44:38 AM Ignore gvan Report Abuse "He won't get any votes from the Republicans." There are a number of Democrats facing the November election that won't vote for it either.
ncomet1 Champion Author Michigan Posts:1,289 Points:408,780 Joined:Nov 2009	Message Posted: Sep 7, 2010 9:31:03 AM Ignore ncomet1 Report Abuse Like I said to start with, the should have given the money to the American people. They would have kept spending and we would not have gone into a recession like this. Some of the business that were in trouble might have failed and should have failed, but we would not still be in a recession.
gs7101 Champion Author San Antonio Posts:3,198 Points:245,030 Joined:Jun 2009	Message Posted: Sep 7, 2010 9:16:48 AM Ignore gs7101 Report Abuse He won't get any votes from the Republicans.
bluehawk43 All-Star Author Arkansas Posts:679 Points:503,890 Joined:May 2009	Message Posted: Sep 7, 2010 8:51:05 AM Ignore bluehawk43 Report Abuse If you keep doing the same thing over and over again will you get different results?
torn8owx Champion Author Philadelphia Posts:2,313 Points:577,515 Joined:Feb 2010	Message Posted: Sep 7, 2010 8:34:48 AM Ignore torn8owx Report Abuse We do need to invest in our infrastructure. Now why wasn't this all a part of last year's stimulus?
Martinman Champion Author Mississippi Posts:11,756 Points:1,658,215 Joined:Sep 2005	Message Posted: Sep 7, 2010 8:19:46 AM Ignore Martinman Report Abuse REPOST ! Obama to_announce 50_bln_infrastructure job plan (posted 06 Sep 10) Please use the "Not Newsworthy" link on the prior page (All Recent News), to notify the moderators of reposts and spamming, such as this. [Edited by: Martinman at 9/7/2010 8:25:54 AM EST]
bar1035 Champion Author Charlotte Posts:5,813 Points:831,995 Joined:Aug 2006	Message Posted: Sep 7, 2010 8:18:15 AM Ignore bar1035 Report Abuse Shades of fdr jobs programs.
packards42 Champion Author Washington Posts:4,234 Points:716,195 Joined:Feb 2005	Message Posted: Sep 7, 2010 8:01:46 AM Ignore packards42 Report Abuse This is a little late, let do some real project and spend 50 billion on free public transportation. i guys from india tell me they can ride the train for 600 miles for $3 dollars a person on family outing, in sleeping compartment.