Saturday Bolitics: Obama Urges Stimulus Plan

Posted on January 3rd, 2009 - By Bossip Staff

Categories: Barack Obama, Bolitics, For the Children, News

Posted by Bossip Staff

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President Obama addressed the nation last night. He is asking Congress to pass a Recovery and Reinvestment Plan aimed at the common American:

President-elect Barack Obama urged congressional leaders Saturday to move quickly on an economic recovery plan, even as some Republicans are saying they want more time to review the details. Obama said Congress should pass an American Recovery and Reinvestment Plan designed to create 3 million jobs. The Democratic president-elect hasn’t announced a final price tag on it, but aides said the cost could be as high as $775 billion. “For too many families, this new year brings new unease and uncertainty as bills pile up, debts continue to mount and parents worry that their children won’t have the same opportunities they had,” Obama said in an address taped Friday and distributed on radio and posted on YouTube Saturday morning.

It’s getting hard out there for regular folk ya’ll. Let’s keep our fingers crossed…

The actual video of President Obama addressing America when you…

Discuss…

Source

  • Hannibal

    BOOOOOOOO!!

  • !!CHASE CROSSE!!

    thanx obama..it’ll help for my down payment on a house

  • dubya

    Yes, but he plans to TAX gas. Money in…money out..unless you ride a bike to work!

  • Hannibal

    HELLO TO U TOO, NYAH M

  • Yvonne

    I really hope this can be accomplished and soon. We all need help like yesterday.

    My honey is in the car business so we have been tightening our belts and praying.

    Bush handed President-elect Obama a plate full…no, make that a landfill of crap to deal with and I am confident he can get us back on our feet. But, as President-elect Obama had said before, it will get worse before it gets better.

  • http://diaryofahollywoodstreetking.com johnny

    Are Black Chic turning for white dicks?

  • eddiedollars215

    @anybody that thinks this is a good think… you are wrong… you are also an idiot… ANOTHER TRILLION DOLLARS… how about you tell me WHERE THE LAST $9.5 TRILLION WENT… OH YEAH THATS RIGHT… THE CEO’s GOT BONUSES… get a clue this nigga is a sham… all he is doing is continuing the policies of george bush… wake up why do you think Michelle wants you in the service sector… BECAUSE THE ONLY JOBS LEFT WILL BE THE ONES THE GOVERNMENT PROVIDES AFTER THEY GET DONE FLEECING US AND CONSOLIDATING ALL THE REAL ASSETS… YOUR PAPER MONEY AIN’T WORTH SHIT…

  • eddiedollars215

    good thing

  • Playlist

    My President is Black

  • Blago Baby

    shiiiyyaaattt

  • Dizzy McElroy

    This man is a genious.

  • Proud ArmyWifee

    Man, he not saying the right thing, THE REASON IT’LL COST SO MUCH IS BECAUSE OUR TROOPS ARE STILL IN THE MIDDLE EAST AND THAT IS COSTING BILLIONS OF DOLLARS. WHEN THEY ARE BROUGHT OUT OF THAT SITUATION, THEN THE DOLLARS WILL START TO SHOW IN EVERYONE POCKETS BACK IN THE STATES. I’ve been waiting for him to mention that for a minuet but we know that men can have a one tracked mind lol. Anybody want to share their thoughts????

  • T-Bird

    Hell yeah it is going to take a shitload of $$$ to get us out of this cesspool that the “antichrist” bush put us in. It is going to take $$$$ to make $$$$. Obama is going to take a lot of flack to get us out of this mess…He even said it isn’t going to be easy…this is going to get worse before it gets better. I wish everybody would stop think this man is going to wave a damn wand and everybody will have a piece of “hamhock” in their greens…this is going to take time…so tighten your belts…adjust your checkbooks and get ready. Lets not expect “instant” results…it took us 8 yrs to get in this $#it…hell…it is probably going to take us 20 yrs to get out. But the worse thing about it 20 years later…OBAMA WILL TAKE THE BLAME when he didn’t put any of us in this conundrum…

  • Anton Slizzardhands

    Barack I see you WUDDUP!!!!!

  • adiamondcenter

    Such a great BLACK MAN……….

  • Encyclopedia Brown

    I support Barack Obama 100%

  • Creole Baby isa Cash Money Stunna on his 14th Summa

    he is a genious

  • http://devilswrksp@aol.com hell yeah

    Thanks obama!!!!!

  • DR.FUNK

    Funding that “Stimulus Plan” will mean RAISING TAXES.
    Not good.I might even be somewhat receptive to the idea if he pulled ALL of that BAILOUT MONEY back into the coffers.HE CAN’T …because he voted for it.
    He’s in a very tough spot.

  • Freddy T

    These jobs won’t stimulate the economy. These government-made jobs are a joke, same low/no skilled labor that the government currently employees: post office, TSA, etc. “Where my check at?”

  • memchee

    if the worst is not behind us, then no stimulus package will be much help in 2009.

    People and the financial industries need to come to their senses and write down the prices of these homes and mortgages.

    …..cut their losses and acknowledge they’ve overpaid and overmortgaged most homes bought and sold in the last 6 years.

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  • DR.FUNK

    @MEMCHEE:

    Agreed.Doubt it would happen though.Too many other entities would have to admit to stupidity.If it could be done however-I’D WANT THEM TO GIVE BACK THE BAILOUT MONEY.Not happening.That money was a “loan” like giving money to your young adult child is a “loan”

  • ThatBKChick

    People need to understand because of the failed Bush Pro-corporate greed trade policies, and instead of rebuilding and replacing its aging infrastructure, the Bush Administration allowed the U.S. to literally dismantle and sell itself to China to pay for manufactured goods. America’s major exports to that nation are wood pulp and metal. President Elect Obama’s plan in part is quite similar to Franklin Delanor Roosevelt’s (FDR) New Deal under the WPA (Works Progress Administration), in which 8 million Americans were able to get work and salaries to help rebuild places like Louisiana (Katrina), bridges, roads and schools).
    Most people do not even know that major pieces of our country’s infrastructure have been sold or leased to foreign companies and this trend doesn’t seem to be reversing. For example the Indiana Toll Road was leased in 2006 for 75 years to Cintra-Macquarie, a Spanish-Australia consortium, for a payment of $3.8 billion. An Australian company bought the U.S. half of the tunnel between Detroit and Windsor, Canada in 2001.
    Thanks to the Bush Economic policies, many basic key pieces of infrastructure have already been acquired by foreigners. In 2006, there was a huge furor in Congress over Dubai (PEOPLE-Friends of the Bush Crime Family) World Ports, a corporation owned by the government of the UAE (United Arab Emirates), acquiring operations at six major U.S. ports. However, there was little attention paid to the fact that a British company had previously run these operations before the merger with Dubai World Ports. In fact, about 3/4 of the terminals in American ports are already managed by foreign companies.
    Even your tap water is not immune. A French company, Veolia Water, serves over 600 municipalities in the U.S. Earlier this year, the corporation signed an agreement to design, build and operate Tampa’s expansion of their water treatment facility.
    BASICALLY OUR COUNTRY, TOWNS, CITIES, JOBS AND MILITARY HAVE BEEN PIMPED OUT ALL OVER THE WORLD THANKS TO BUSH, CHENEY AND CONDI RICE!!!!!

    President Elect Obama plans to move all troops out of Iraq by the summer of 2010, which will save billions of dollars per day. However, he intends to add thousands of soldiers to Afghanistan, and will likely pursue the “War on Terror” with vigor, including strikes on Taliban bases in Pakistan.

    I am glad to see that President-elect Barack Obama has plans to make infrastructure repair a high priority in his administration. He proposed an infrastructure “bank” to spend $60 billion over the next ten years. He also supports a $25 billion Jobs and Growth Fund to replenish the Highway Fund that has been depleted by Congress, and to compensate for spending cuts by financially strapped local and state governments.

    YES WE CAN AND YES WE WILL!!!!

  • vickie

    they need to go ahead and give us that money cause shit is tight!!!

  • http://www.k.com NOELLE

    I fully understand–I start school in 9 days…..!!!!!!!!!!

  • bhudda

    my question is who the hell are these jobs for? mba’s? engineers? financial workers? there are 10 mil people out of work since dec 07. god knows how many this year and next. obama promises these 2-3 million jobs BY 2011. how the hell is that going to help anybody?? and these public works jobs are temporary. when the roads are built, where will the workers find their next job??? this is just another waste of money. oh, yah and why isn’t obama telling the people that china, japan, etc. will be the owners of all this new infrastructure?? smdh….

  • bhudda

    thatbkchick said:
    I am glad to see that President-elect Barack Obama has plans to make infrastructure repair a high priority in his administration. He proposed an infrastructure “bank” to spend $60 billion over the next ten years. He also supports a $25 billion Jobs and Growth Fund to replenish the Highway Fund that has been depleted by Congress, and to compensate for spending cuts by financially strapped local and state governments.

    YES WE CAN AND YES WE WILL!!!!
    ———————–

    k… would you mind telling the good people where this money is going to come from??

    this country is beyond flat broke. all this “stimulus” money NEEDS TO BE BORROWED!!! from foreigners!!! in the form of u.s. treasuries!!

    do you know that over the next two years, a vast amount of t-notes will come due. how do you think the u.s. will pay those notes off? WE WILL HAVE TO BORROW IT FROM SOME OTHER FOREIGN SUCKER!!

    how long to do you think the world is going to finance a bankrupt country who has no possible way to pay back any of these loans, much less the interest???

    obama’s whole plan hinges on the world financing these projects.

    and if you check history you will see that fdr’s new deal DID NOT PULL US OUT OF THE DEPRESSION!!!!

    it was world war two that did the trick.

  • bhudda

    idf just invaded gaza. the world hates the u.s.

    WHO’S GONNA LET US BORRY MONEY NOW, HUH????

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