Archive for March 3rd, 2009
From Gateway Pundit
White House chief of staff Rahm Emanuel is tied to 16 earmarks worth $8.5 million dollars in the Obama budget bill that is being debated in the US Senate this week.
The Seattle Times and Free Republic reported:
Although President Obama has repeatedly pledged to ban congressional earmarks, White House chief of staff Rahm Emanuel has 16 such projects, worth $8.5 million, in the bill the Senate is to begin debating today.
The earmarks include money for a Chicago planetarium and a Chicago suburb. Obama has been relentless in criticizing the use of earmarks; in his address to a joint session of Congress last week, he boasted how the economic-stimulus package was “free of earmarks.”
By the end of this week, however, Obama’s likely to sign a separate $410 billion spending plan that keeps most domestic programs funded through Sept. 30, the end of this fiscal year. It’s a plan that contains about 9,000 earmarks.
President Barack Obama is tied to an earmark worth $7.7 million dollars in his budget bill.
Obama’s name was being removed from the earmark by fellow senators although the earmark will remain in the bill.
President Obama and top members of his administration appear to be sponsoring hundreds of millions of dollars of earmarks in the 2009 budget that Obama is trying to push through Congress, CQPolitics.com reports.
In the congressional report that accompanies the budget legislation, Obama is listed as a sponsor of a $7.7 million earmark for “Tribally Controlled Postsecondary Vocational Institutions.” Obama’s co-sponsors on that earmark include Vice President Joe Biden and Secretary of State Hillary Clinton.
President Obama pledged to fight the addition of pork-barrel earmarks to legislation during the presidential campaign. Last April, for example, Obama released a statement stating: “We can no longer accept a process that doles out earmarks based on a member of Congress’ seniority, rather than the merit of the project.”
Dow Below 7000:
Global New Deal:
Hugo Chavez Famine:
Urban Czar Scandal:
Global Warming Snow:
Re-posted with permission from MRC and Business & Media Institute:
Cramer on Obama’s Handling of Economy: ‘It’s Amateur Hour at Our Darkest Moment’
‘Mad Money’ host attacks administration for ‘total lack of control,’ and wonders ‘where’s the authority.’
It was news media conventional wisdom during the 2008 presidential campaign: the worse the economy, the better it was for Democrat candidate prospects. But now that they have the legislative and executive branches and the burden of actually governing, that advantage is slowly being chipped away.
CNBC “Mad Money” host Jim Cramer, who first starting connecting that perhaps a Democrat-controlled federal government might not be the best thing for the United States earlier this year, gave something of a downbeat rant on Feb. 2 about Obama’s handling of the economy so far.
“Until the Obama administration starts listening, until they start paying attention to what you’re watching – to the stock market, until they realize that their agenda is destroying the life savings of millions of Americans – then all I can give you is caution,” Cramer said on his March 2 broadcast.
Since Obama took office on Jan. 20, the Dow Jones Industrial Average (DJIA) has lost over 1,000 points, including a nearly 400-point drop on Feb. 10 after a disappointing speech by Obama’s Treasury Secretary Timothy Geithner on sorting out troubled assets. Cramer pleaded with the administration to take note of the possibility it might have something to do with that.
“I’m not asking for the Feds to give us a plunge protection team, to stop declines – as we always thought to be the case under Greenspan,” he continued. “I’m not saying, ‘Mr. President, stare at the Bloomberg quote machine and come to your senses. I just want some sign that Obama realizes the market is totally falling apart and his agenda has a big hand in that happening.”
Cramer was highly critical of the Obama administration for not catching on thus far. He questioned the merits of their abilities to contain the market turmoil and wondered if they were even bothered by it.
“I thought the prices, the screen, the action, the sense of a vortex down that cannot be stopped, of equities becoming worthless, of savings becoming tattered, of a stock market without bottom,” Cramer said. “But this time in slow motion, I felt the total lack of control that we all feel right now – the ‘it’s out of my hands,’ the ‘where’s the authority,’ the, ‘Hey, it’s amateur hour at our darkest moment.’ It’s the feeling of capitalism vanishing, businesses capsizing under their own weight – thanks to an administration that doesn’t seem to know or maybe doesn’t care.”
The “Mad Money” host observed that the “change” mantra that Obama campaigned on was actually coming to fruition, but he said it was coming to the detriment of the American economy.
“Hey – I get it,” Cramer said. “Young president, big landslide, vigorous agenda, Congress that smells Republican blood – might find changing the world simply irresistible. We all want to change the world. I know I’d like to change the world, but when you talk about wealth destruction, don’t you know that you can count me out?”
Doug Ross is getting We’re sorry emails from Obama voters with buyers remorse!
The drones Obama voters have begun sending me photos expressing their sorrow in voting for the Won.
Update: Michelle Malkin suggested that David Brooks might want to join the apologetic crew. Sure enough, Junior Cub Reporter Biff Spackle snapped this photo of Brooks confirming his buyer’s remorse.
And if you’ve got some that you’d like me to publish, just fire me an email.