It's not like WE need the money :rolleyes:

[Bearfootfarm]

http://thenewamerican.com/world-news...for-syrian-war

Without any authority from Congress or the U.S. Constitution, the Obama administration announced this week that, in coordination with other Western governments and Arab dictatorships, U.S. taxpayers will provide yet another $60 million in direct aid to the Syrian “rebels” — a broad coalition of foreign Islamists, mercenaries, Muslim terrorists including al-Qaeda, and other forces. Since the war broke out, the president has already spent close to half-a-billion taxpayer dollars propping up the “revolutionaries,” who have strong support from the highest ranks of the global establishment. Tens of thousands have already died in the conflict.

[copperkid3]

What's a little more blood on his hands?

He can just wipe if off on the next bundle of greenbacks sent over there.

[poppy]

As has been said by many, watch what he does and not what he says. He's been speaking every day about how terrible the sequester will be and giving our money away at the same time.

[sidepasser]

This was on the news this morning. No one is saying this is bad, it is as if this is just business as usual for the administration. Oh well the news did point out that "no arms were being sent".

What exactly do they think the money will be used for?

[HDRider]

Has Obama proven any less of a war monger than Bush?

[MJsLady]

I think he is worse than any president since Viet Nam.
Plus he is aiding our enemies, which is treasonous.
The muslim brotherhood is our enemy yet he sent what to Egypt?
Yet he refuses to avenge our murdered Ambassador.
He is a war monger, for the other side.

[Yvonne's hubby]

Originally Posted by sidepasser

This was on the news this morning. No one is saying this is bad, it is as if this is just business as usual for the administration. Oh well the news did point out that "no arms were being sent".

What exactly do they think the money will be used for?

Ham sandwiches.

[Ozarks Tom]

obama's "wise investments"
Egypt
Tunisia
Libya
Syria
SpectraWatt ($500,000)*
Solyndra ($535 million)*
Beacon Power ($43 million)*
Nevada Geothermal ($98.5 million)
SunPower ($1.2 billion)
First Solar ($1.46 billion)
Babcock and Brown ($178 million)
EnerDel’s subsidiary Ener1 ($118.5 million)*
Amonix ($5.9 million)
Fisker Automotive ($529 million)
Abound Solar ($400 million)*
A123 Systems ($279 million)*
Willard and Kelsey Solar Group ($700,981)*
Johnson Controls ($299 million)
Brightsource ($1.6 billion)
ECOtality ($126.2 million)
Raser Technologies ($33 million)*
Energy Conversion Devices ($13.3 million)*
Mountain Plaza, Inc. ($2 million)*
Olsen’s Crop Service and Olsen’s Mills Acquisition Company ($10 million)*
Range Fuels ($80 million)*
Thompson River Power ($6.5 million)*
Stirling Energy Systems ($7 million)*
Azure Dynamics ($5.4 million)*
GreenVolts ($500,000)
Vestas ($50 million)
LG Chem’s subsidiary Compact Power ($151 million)
Nordic Windpower ($16 million)*
Navistar ($39 million)
Satcon ($3 million)*
Konarka Technologies Inc. ($20 million)*
Mascoma Corp. ($100 million)

It's like Romney said during a debate "you don't pick winners and losers, you pick losers".

[Awnry Abe]

Today's "friends" are tomorrow's boogeyman.

[simi-steading]

What bothers me is we're pitting our "money" against Russian "backing"

[plowjockey]

Originally Posted by Ozarks Tom

obama's "wise investments"
Egypt
Tunisia
Libya
Syria
SpectraWatt ($500,000)*
Solyndra ($535 million)*
Beacon Power ($43 million)*
Nevada Geothermal ($98.5 million)
SunPower ($1.2 billion)
First Solar ($1.46 billion)
Babcock and Brown ($178 million)
EnerDel’s subsidiary Ener1 ($118.5 million)*
Amonix ($5.9 million)
Fisker Automotive ($529 million)
Abound Solar ($400 million)*
A123 Systems ($279 million)*
Willard and Kelsey Solar Group ($700,981)*
Johnson Controls ($299 million)
Brightsource ($1.6 billion)
ECOtality ($126.2 million)
Raser Technologies ($33 million)*
Energy Conversion Devices ($13.3 million)*
Mountain Plaza, Inc. ($2 million)*
Olsen’s Crop Service and Olsen’s Mills Acquisition Company ($10 million)*
Range Fuels ($80 million)*
Thompson River Power ($6.5 million)*
Stirling Energy Systems ($7 million)*
Azure Dynamics ($5.4 million)*
GreenVolts ($500,000)
Vestas ($50 million)
LG Chem’s subsidiary Compact Power ($151 million)
Nordic Windpower ($16 million)*
Navistar ($39 million)
Satcon ($3 million)*
Konarka Technologies Inc. ($20 million)*
Mascoma Corp. ($100 million)

It's like Romney said during a debate "you don't pick winners and losers, you pick losers".

These projects, were part of the stimilus, that was intended to get Americans working and spending again, to get our economy going and keep going, which 4 years later it still is, so the "investment" is apparently paying off.

Many of these companies were created within months, so any projections of long term profitability, whould have been knee-jerk, at best.

And no our economy is not perfect, by any means.

The stimulus gave NASA 1 billion dollars. Why didn't you include them? thy have not turned a profit.

[Bearfootfarm]

Many of these companies were created within months, so any projections of long term profitability, whould have been knee-jerk, at best.

Many of them were projected to FAIL, but BO gave them funding anyway.
Several of them never produced anything at all

The stimulus gave NASA 1 billion dollars.
Why didn't you include them? thy have not turned a profit.

NASA isn't a "for profit" PRIVATE business.
They operate and maintain much of the Defense Dept equipment.

[plowjockey]

Originally Posted by Bearfootfarm

Many of them were projected to FAIL, but BO gave them funding anyway.
Several of them never produced anything at all
t.

Most likely true, but they did produce jobs, for unemployed - construction, electricians, plumbers, contrete drivers, paving workers, engineers, accountants, roofers, caterers, landscapers, HR sdmin assitants, etc, and production workers, for what they did produce, if they did produce anything, (some of these businesses are doing well)

All these workers spent their pay, on gas, cars, groceries, haircuts, rent, mortgages, movies, food, etc, giving others and businesses, income as well.

The stimulus was designed - in a very short span of time, to get the economy moving again, which 4 years laters is still moving, not as good as we would like, but certainly better than it could have been.

It was not focused on long term viability/profitability.

Did political cronies cash in?

For sure, just like they would have done with McCain's stimilus, if he was also smart enough to have one.They would have just been Right Wing swizzlers, instead of Left Wing.

[Ozarks Tom]

Originally Posted by plowjockey

These projects, were part of the stimilus, that was intended to get Americans working and spending again, to get our economy going and keep going, which 4 years later it still is, so the "investment" is apparently paying off.

Many of these companies were created within months, so any projections of long term profitability, whould have been knee-jerk, at best.

And no our economy is not perfect, by any means.

The stimulus gave NASA 1 billion dollars. Why didn't you include them? thy have not turned a profit.

Hate to tell you this, but NASA is OUT OF BUSINESS as far as their true mission, putting people into space. Now, if you want to consider their mission to be what obama stated, muslim outreach, they're doing fine.

As far as the companies on the list, many that we know of, and most likely many more we don't know of, were funded as payback for campaign support. Every dollar that went to those companies was flushed down the toilet, in an effort to support an industry that can't support itself in a free marketplace.

[greg273]

Originally Posted by MJsLady

I think he is worse than any president since Viet Nam.
Plus he is aiding our enemies, which is treasonous.
The muslim brotherhood is our enemy yet he sent what to Egypt?
Yet he refuses to avenge our murdered Ambassador.
He is a war monger, for the other side.

Did you vote for Romney? He wanted to send them WEAPONS. And arming Islamic militants is something our government has been doing for DECADES. The old rightwing demi-god Ronny Raygun was particularly fond of it. I am not excusing it, I just find the sudden uproar from the right hypocritical.

[plowjockey]

Originally Posted by Ozarks Tom

Hate to tell you this, but NASA is OUT OF BUSINESS as far as their true mission, putting people into space. Now, if you want to consider their mission to be what obama stated, muslim outreach, they're doing fine.

Well, somebody, has been drilling core sample holes, on planet mars. I just assumed it was NASA.

[poppy]

Originally Posted by plowjockey

Most likely true, but they did produce jobs, for unemployed - construction, electricians, plumbers, contrete drivers, paving workers, engineers, accountants, roofers, caterers, landscapers, HR sdmin assitants, etc, and production workers, for what they did produce, if they did produce anything, (some of these businesses are doing well)

All these workers spent their pay, on gas, cars, groceries, haircuts, rent, mortgages, movies, food, etc, giving others and businesses, income as well.

The stimulus was designed - in a very short span of time, to get the economy moving again, which 4 years laters is still moving, not as good as we would like, but certainly better than it could have been.

It was not focused on long term viability/profitability.

Did political cronies cash in?

For sure, just like they would have done with McCain's stimilus, if he was also smart enough to have one.They would have just been Right Wing swizzlers, instead of Left Wing.

Nonsense. The stimulus was a fiasco that made no sense to begin with. Recessions occur naturally to wring excesses out of the system and you don't stop one excess by creating another. Binge spending will not solve financial problems in your budget or government's. You are only creating short term gain in exchange for long term pain.

[poppy]

Originally Posted by plowjockey

Well, somebody, has been drilling core sample holes, on planet mars. I just assumed it was NASA.

We are great with robots but not in manned space flight. We are currently paying Russia to fly us to the space station. There are also private space flight programs that are rapidly developing and NASA is interested in hitching a ride on those.

[plowjockey]

Originally Posted by poppy

Nonsense. The stimulus was a fiasco that made no sense to begin with. Recessions occur naturally to wring excesses out of the system and you don't stop one excess by creating another. Binge spending will not solve financial problems in your budget or government's. You are only creating short term gain in exchange for long term pain.

You are simply sugar-coating 2008-2009, IMO, by referring to it just a recession.

Unemployment rate doubling, 3 million foreclosures, banks crashing, auto sales down up to 40%. bankruptcies up 20% to more than 1 million.

We had some real problems, not just a slowing economy.

Would we have recovered on our own, by leaving our crashing economy on auto-pilot? Personally, I'm glad Obama did not gamble on it, for our sake, as well as his own.

Deficit? If our economy failed completely, we would have still been in $10 trillion debt.

It's funny to hear bashing Obama, for the stimulus, as being a "bad idea", yet many other countries, such as Germany, UK, Canada and even Russia, wisely propped up their faltering economies, with stimulus programs, also.

http://www.loc.gov/law/help/financia...lan.php#France

[poppy]

Originally Posted by plowjockey

You are simply sugar-coating 2008-2009, IMO, by referring to it just a recession.

Unemployment rate doubling, 3 million foreclosures, banks crashing, auto sales down up to 40%. bankruptcies up 20% to more than 1 million.

We had some real problems, not just a slowing economy.

Would we have recovered on our own, by leaving our crashing economy on auto-pilot? Personally, I'm glad Obama did not gamble on it, for our sake, as well as his own.

Deficit? If our economy failed completely, we would have still been in $10 trillion debt.

It's funny to hear bashing Obama, for the stimulus, as being a "bad idea", yet many other countries, such as Germany, UK, Canada and even Russia, wisely propped up their faltering economies, with stimulus programs, also.

http://www.loc.gov/law/help/financia...lan.php#France

The inevitable crash will be far worse with 16 or 25 trillion in debt than 10 trillion. The recession fear that drove spending was hype just like this sequester was. Banks can and should be allowed to fail if they are insolvent. Insolvent or not, they all have assets that can be sold off to solvent banks. Remember years ago when they broke up AT&T because it was too big? There was plenty of doom talk then too but it was all hype. Government used the hype as a reason to take control of our economy and that is never good. The consumer drives our economy, not government. Everything Obama does ends up hurting us. More regulation and more taxes is not the way to improve the economy.