there will be consequences.

Agreed

As there were consequences when you guys fucked up.

You really love that quote don’t you RBB?

He thinks because the hapless Mitch McConnell is a Republican that it carries some special sense of irony: like the Libs get whenever Fox reports something favorable to them, it suddenly becomes a reputable news source.

Cramer questioned how the package would impact the key components in the ailing economy.

“Tell me, what does it do to solve housing?” Cramer asked. “What does it do to solve unemployment? How about the ever-hideous banking crisis? No? Anyone who follows the economy knows this stimulus package is a total and utter joke.”

The blame for the failure of this massive spending should be placed on Congress, said the “Mad Money” host.

“Congress, heh – OK, I’m a diplomat and an elder statesman and gentleman farmer in the mold of Thomas Jefferson, with a little Frank Lesser mixed in, and all I say is these guys and dolls – they are just plain clueless.”

By way of example, Cramer cited the tax credit the stimulus package would give new home buyers.

“So hey, how does Congress respond to the foreclosure crisis in its stimulus package?” Cramer asked. “With a solution that’s about as efficacious as an invisible garment. It adds $500 to a tax credit for first time homebuyers. Five-hundred dollars – I got that in my pocket for heaven’s sake. Yeah, I’m sure that’ll do a world of good.”

“Everyone in the press is pretending this package is wonderful, but in reality it’s just as substantial as the emperor’s new clothes,” he added.

Link

When in the Course of human events it becomes necessary for one people to dissolve the political bands which have connected them with another and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature’s God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.

– That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed,

– That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.

Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn that mankind are more disposed to suffer, while evils are sufferable than to right themselves by abolishing the forms to which they are accustomed.

But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security. ……………..

Great quote Mickey!

“Every House member from New England is a Democrat. You can walk from Canada to Mexico and from Maine to Arizona without ever leaving a state with a Democratic governor. Not a single Republican senator represents the tens of millions of Americans on the West Coast. And on the East Coast, you can drive from North Carolina to New Hampshire without touching a single state in between that has a Republican in the U.S. Senate”

Mitch McConnell

This whole thing reminds me of when I was a kid, hustling pool in my Uncle’s pool hall. Get the suckers in, lose a little, start playing “double-or-nothing” and when the pot gets big enough, take it! The crooks in DC (on both sides) have hustled the American people, they are doubling down on the debt and we’re on the hook to pay it. It’s really easy when you’re gambling with other peoples money, since even if you lose you’re not out anything.

The only way that I would trust these idiots to try this gamble is if they put their skin in the game – not just their political future but their own and their families financial security for the next hundred years. That’s what they’re telling all of us we have to do, and you know that regardless of outcome these bozos will still have theirs. So, are you willing to gamble your entire future so these overblown walking egos can try their grand expirement? I’m not!!

“squawk” says the parrot bird brain stem dino.

Capitalism didn’t fail, government did. This situation is as much the result of Democrat meddling as anything thing. Meanwhile the DOW has dropped 2000 points since the messiah was elected and the general economy started it’s drop after the Democrats took control of congress. Bush had 52 consecutive quarters of positive growth that averaged 3.5%.

Obama himself admitted in his first press conference that the results of poor management of Fanni and Freddi caused this mess. These are both managed by Democrats. Mr. Negativity, Barry O, the fear monger keeps telling us how bad it is and then he uses a stimulus plan that has been tested and failed not only during the great depression but in Japan.

The graph above says it all. We are so screwed, the clueless boy king is a chump.

Well who was in charge for the past decade?? We’ve been down since July 07.

Something is wrong with you people. Obama has been in office less than a month and you think you’re going to blame him. Democrats had ONE BUDGET since 2006 and Bush was still President.

You’re deluding yourselves if you think you’ll EVER remove the stench of failure from you republicans.

Your delusion is only outdone by your arrogance. That’s why there’s going to be a nasty backlash against republicans. Very ugly.

What is percentage of the GNP needed to support our debt before and after the porkulus?

The “far-left” is more leaning left of center in the rest of the world. Also…anyone care to point out that during the clinton era we had a surplus…as this very graph indicates.

Before someone comes in with “The economy was feeling the effects of reagan bush republicans etc” If that’s true than This hardship isn’t the Dems fault, and by that logic carter caused reagans economy.

We all know that’s bullshit.

economists Milton Friedman and Anna Schwartz proved…, the core economic problem in the early 1930s was a contraction of the money supply by a third. This caused the general price level to fall by about 25%. …

Republicans conveniently overlook the fact that it was massively larger budget deficits–which averaged close to 20% of GDP from 1941 to 1945–that were the principal contribution of the war to economic recovery.

FORBES