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February 15, 2008
B. Hussein Obama Proposes $210 Billion for New Jobs
Obama Proposes $210 Billion for New Jobs
JANESVILLE, Wis. (AP)
Democrat Barack Obama said Wednesday that as president he would spend $210 billion to create jobs in construction and environmental industries, as he tried to win over economically struggling voters.
Obama's investment would be over 10 years as part of two programs. The larger is $150 billion to create 5 million so-called "green collar" jobs to develop more environmentally friendly energy sources.
Sixty billion would go to a National Infrastructure Reinvestment Bank to rebuild highways, bridges, airports and other public projects. Obama estimated that could generate nearly 2 million jobs, many of them in the construction industry that's been hit by the housing crisis.
"This agenda is paid for," Obama said as the Republican National Committee promoted an "Obama Spend-O-Meter" online to track his proposals and portray him as a tax-and-spend liberal. Obama explained that the money for his spending proposals will come from ending the Iraq war, cutting tax breaks for corporations, taxing carbon pollution and raising taxes on high income earners.
Obama, who has faced criticism that he doesn't have enough policy specifics, asked autoworkers at the General Motors plant in Janesville, Wis., to "bear with me" as his began a policy speech that he said would be unlike his typical rousing addresses to rallies. He read from a TelePrompTer in a cavernous training room, flanked by sparkling new vehicles and a large American flag.
"Today I want to take it down a notch," Obama said. "This is going to be a speech that's a little more detailed. It's going to be a little bit longer, not as many applause lines."
Obama pointedly did not include one of his biggest applause lines, that he would require vehicle manufacturers to raise fuel economy standards. Obama often points out that he delivered that message straight to the automakers during a speech last year in Detroit.
But he didn't mention it on the plant visit that came a day after GM reported the largest annual loss ever for an American automaker — $38.7 billion in 2007.
"I know that General Motors received some bad news yesterday," Obama said. "I also know how much progress you've made, how many hybrids and fuel-efficient vehicles you're churning out. And I believe that if our government is there to support you, and give you the assistance you need to retool and make this transition, that this plant will be here for another hundred years."
Obama explained that the money for his spending proposals will come from ending the Iraq war, cutting tax breaks for corporations, taxing carbon pollution and raising taxes on high income earners.
Wild Thing's comment ........
This man is the Anti-Christ, I swear. He is, at the very least, a milk chocolate Jimmy Carter, and worse if that is possible.
What a bunch of BS. This will totally trash the economy.
Posted by Wild Thing at February 15, 2008 12:45 AM
Comments
He doesn't even have the job yet and he's already making plans to spend more of my money. Yeah, he's a Jimmah Cahta alright. Remember, Carter tried to make school lunches list ketchup and mustard as vegetables when he was President.
Now, kids, you have to live on an allowance, you know.
Things are expensive enough. We don't need our tax dollars going up any more than they already have.
I always liken it to if you make your kids a hamburger, baked potato and green beans for supper, more taxes will take away part of that meal.
Posted by: Lynn at February 15, 2008 05:19 AM
Yep, typical tax and spend Liberal. Now we get to throw in very restrictive environmental programs and legislation.
I wonder if his construction jobs program is, in disguise, a formal amnesty program for illegals That would sure open the door to voter registration for illegals.
Posted by: TomR at February 15, 2008 08:08 AM
Biden was trying to ram this one through without anyone knowing about it to give Obama an edge up on everyone else. Just like the Amnesty Bill, which by the way, they are trying to push another through, in secret of course.
Whatever happened to the congress being open to public scrutiny and oversight. Now congress works deals against the American People under the cover of darkness.
Absolute power corrupts absolutely.
Posted by: Mark at February 15, 2008 08:09 AM
I think you may be onto something there WT about Obama being the Anti-Christ!!!!!! A Muslim president?? Hmmmmmmmm Maybe Nostradamus and Revelations aren't as farfetched as people think!!!! Wars....rumors of wars.....pestilence.....false Gods.....YEP, I think you may be on to something!!!!!!
Posted by: John at February 15, 2008 08:23 AM
210 Billion for jobs. Since when is the Government involved in creating jobs. That was tried in the 30's by Franklin Doesn't-know Roosevelt, it was called the CCC's or the Civilian Conservation Corps, it did nothing but prolong the depression. What got us out of the depression was World War Two, and the only reason we got rid of the SOB is that he died, only after he gave half of Europe to the Communists.
Hopefully Hillary or McCain can stop this mad SOB Moslem. This guy is extremely dangerous.
Posted by: Mark at February 15, 2008 03:53 PM
Lynn yes can you believe this sheesh. Not even President and he has all these bills he wants put through when he did absolutely nothing before this. He seldom even voted and many times only voted 'present' for things. Now he wants these outragous things done.
grrrrr
Posted by: Wild Thing at February 15, 2008 07:59 PM
Tom oh my gosh I hadn't thought of that. It very well could be.
Posted by: Wild Thing at February 15, 2008 08:01 PM
Mark, "Absolute power corrupts absolutely". I remember the first time I heard that, I realize now the depth of how vile that kind of corruption can be.
Posted by: Wild Thing at February 15, 2008 08:02 PM
John it sure seems like it. If he isn't then he is awful close to what I was taught in Sunday school long ago.
Posted by: Wild Thing at February 15, 2008 08:04 PM
Mark, wow thanks for the information. I agree Obama is exrtemely dangerous. I never thought I would see a person worse then Bill and Hillary and now I do, this Obama scares the heck out of me.
Posted by: Wild Thing at February 15, 2008 08:07 PM