October 30, 2009
— Ace
Two big points I want to make:
First of all, that Florida day care center that claimed Spendulus money "saved or created" 129 jobs when in fact the money they got was simply used to give all existing employees raises?
That's not a "mistake."
When the WH demanded that those who received Spendulus money "report" back on how many jobs were "saved or created," they insisted upon a nonsensical rule: If a single dollar of Spendulus was spent on an employee's salary, whether that employee was a new employee or an old one, that gets counted as a job "saved or created." If he's a new employee, that job was created. If he's an existing employee, that job was saved.
For $1.
Yes, $1. Because the nonsensical rules the White House told these people to count "saved or created" jobs by simply stated: If any employee's salary is paid, in whole or in part (any part!), count that as a job "saved or created" by the spending.
And then report that number back to us.
Note that the White House's rules do not seek to discover which jobs really were "saved or created." To come to that conclusion, one would need a set of more rigorous rules -- which excluded some jobs from the "saved or created" category, rather than attempting to include them all under that rubric.
For example, you'd need a rule like: "If the funding pays more than 10% of an employee's salary, and the management feels the employee would not have been hired, or would have been fired, but for that spending, then this job should be counted as 'saved or created. "
They didn't do that. They didn't set a 10% threshold, or even a 1% threshold. A single dollar counts as saving or creating a job.
Further, they never asked if the employee would be out of a job but for that spending.
Because they didn't want to actually find out which jobs were saved or created. They just wanted as large a number as possible, even if it made no sense, and had nothing at all to do with jobs really affected by the spending.
So, if a factory gets $5000, and divides that, $50 a worker, among 100 workers, you know how many jobs were "saved or created" according to Obama?
100. Even though $5000 obviously doesn't cover a single part-time salary, let alone 100 full-time salaries.
If a factory gets $5000, and divides that, $1 a worker, among 5000 workers, Obama's rules say 5000 jobs were saved or created.
And note that in neither case does the employee have to be a new one. It could be a guy working there for 30 years, whom the company would never even consider firing. Per the rules, if he gets 50 bucks, or even a single dollar, his job was right there "saved" by Bonny Prince Barack.
So the Florida day-care center that gave themselves all a small raise didn't make a "mistake." They reported the numbers precisely as Obama -- who is signing their checks, after all -- dictated.
The problem is not a "mistake" in implementation. The problem is that rules are sham from the start, contrived to force an absurd conclusion.
The second point is this: At no point in all of American history has the metric ever been what jobs a president has "saved or created." The metric has always been the concrete, easier-to-determine number of how many jobs were lost and how many were gained. There has never before been a "saved" category, ever, and yes, all other presidents in an ailing economy would of course like to shift focus from the jobs lost to those they can claim were "saved."
It is only Obama -- special rules for special people! -- who has ever been so shameless as to attempt to shift the terms of debate to something so favorable to him (and so hard to determine), and it is only in Obama's case has the media been so compliant they went along with the charade.
The media should ask themselves why Bush never sought credit for what jobs he had supposedly "saved" -- surely he "saved" some, eh? He could not have gone 8 years with multiple tax cuts and multiple stimulus packages without ever once "saving" a job that would have otherwise have been lost -- and what their reaction would have been if Bush, rather than President Prissypants, had demanded they respect this brand-new, politically-helpful metric of "jobs saved."
Posted by: Ace at
07:16 AM
| Comments (243)
Post contains 781 words, total size 5 kb.
Posted by: ParisParamus at October 30, 2009 07:19 AM (aYS5W)
Posted by: ParisParamus at October 30, 2009 07:20 AM (aYS5W)
Posted by: SOME ASSHOLE HAS MY PEN at October 30, 2009 07:21 AM (VmAoa)
Posted by: Herr Morgenholz at October 30, 2009 07:21 AM (5aa4z)
Yesterday, a caller to the Howie Carr Show said his friend applied to and got a job with his local Post Office.
What's the job? A ONE-HOUR PER WEEK position. I shit you not. The Post Office branch hired fifty (50!) people @ 1hr/week.
Why?
To pad the newly-hired numbers and get the Stimulus $$, that's why.
Posted by: Tweet beats dead horses at October 30, 2009 07:21 AM (z37MR)
"Today, President Liz Cheney announced that she'd created or saved 2,000,000 jobs over the last two quarters".
Posted by: Techie at October 30, 2009 07:21 AM (cxW4X)
Posted by: Nighthawk at October 30, 2009 07:22 AM (OtQXp)
Posted by: palin steel (the only non-partisan on AoSHQ) at October 30, 2009 07:23 AM (tcMQZ)
Posted by: Roy D Mercer at October 30, 2009 07:23 AM (kNiZP)
Seriously, we need a Congressional investigation to find if what that caller reported was accurate. Something like this could really hurt the Obama admin (and maybe prevent the Obama admin from hurting the taxpayers in the future with all these asinine programs).
Posted by: Tweet beats dead horses at October 30, 2009 07:23 AM (z37MR)
If you give me 1 billion in stimulous money I will definitely create 200 jobs for my friends.
Posted by: Lemmiwinks at October 30, 2009 07:23 AM (IqfKc)
CBS must be really pissed they aren't getting that sweet, sweet Porkulus caysh like GE is getting.
Posted by: Dang Straights at October 30, 2009 07:24 AM (Haq+B)
Posted by: Lemmiwinks at October 30, 2009 07:25 AM (IqfKc)
Good times are just around the corner .
Posted by: akward davies at October 30, 2009 07:26 AM (wb68R)
Posted by: Lemmiwinks at October 30, 2009 07:27 AM (IqfKc)
Posted by: Dr. Spank at October 30, 2009 07:27 AM (muUqs)
Good times are just around the corner .
Posted by: akward davies at October 30, 2009 12:26 PM (wb68R)
As soon as the health care bill passes they're going to increase the Soylent Green ration too (something about an oversupply of raw materials). What more can you ask for!?
Posted by: Nighthawk at October 30, 2009 07:28 AM (OtQXp)
Good times are just around the corner .
Posted by: akward davies at October 30, 2009 12:26 PM (wb68R)
I'll trade half my ration for 3 razor blades and a half pack of Victory cigarettes.
Posted by: Herr Morgenholz at October 30, 2009 07:28 AM (5aa4z)
Posted by: wHodat at October 30, 2009 07:29 AM (+sBB4)
Posted by: TheQuietman at October 30, 2009 07:30 AM (1Jaio)
Posted by: Waterhouse at October 30, 2009 07:31 AM (necDd)
Posted by: weewilly at October 30, 2009 07:31 AM (iBHcm)
I need to score with chicks. What's the going rate on silk stockings?
Posted by: Waterhouse at October 30, 2009 07:31 AM (necDd)
Uh, can lay off on that a bit? I'm sore.
Posted by: The Chicken at October 30, 2009 07:33 AM (5aa4z)
Posted by: Hussein the Plumber at October 30, 2009 07:33 AM (r1h5M)
That is interesting, good pickup, Ace. Now we know where the saved or created claim comes from.
Posted by: joeindc44 at October 30, 2009 07:33 AM (QxSug)
Posted by: mbruce at October 30, 2009 07:34 AM (t/GDA)
Posted by: Unclefacts, Summoner of Bacons, and the Odd Meteor at October 30, 2009 07:34 AM (erIg9)
Posted by: Lemmiwinks at October 30, 2009 12:27 PM (IqfKc)
What a coinky-dink. International paper just shut its mill down last week in Franklin, Virginia. They were the largest employer in the region for over 65 years and the closing cost 1,200 + jobs. The trickle down effect will cost countless other jobs to be lost too.
I love this economy ! When everybody is starving we can call it Fun-ger.
Posted by: Blazer at October 30, 2009 07:34 AM (+FzLa)
HAHAHAAAA! Time is gonna fire 6% of their staff! Merry Christmas, c*cksuckers! Couldn't happen to a shittier bunch of koolaid drinkers.
Posted by: Dang Straights at October 30, 2009 07:34 AM (Haq+B)
Posted by: Waterhouse at October 30, 2009 12:31 PM (necDd)
Unfortunately, the going rate is a half hour with your woman. Since you don't have one, you're kinda screwed. It's a chicken and egg thing. Crazy, huh?
Posted by: Herr Morgenholz at October 30, 2009 07:35 AM (5aa4z)
Albany Oregon's biggest employer just shut down their paper mill this week.....the recession is over!!!!
Thousands of citizen trees created or saved! Praise be Obama!
Posted by: VJay at October 30, 2009 07:35 AM (gQ+XA)
Posted by: Charlie Gibson-Charlie Gibson at October 30, 2009 07:35 AM (d+s7R)
Posted by: Commissar joncelli at October 30, 2009 07:35 AM (RD7QR)
Posted by: The Chicken at October 30, 2009 07:36 AM (Haq+B)
Posted by: Seriously at October 30, 2009 07:37 AM (SSZkW)
Either or.
Posted by: toby928 at October 30, 2009 07:37 AM (PD1tk)
Here, they are deliberately avoiding the most basic scrutiny, in an effort to generate fake, but politically helpful, data.
It's the same mindset behind the democrats' opposition to voter ID laws. They WANT to cheat - "by any means necessary"
Posted by: wooga at October 30, 2009 07:37 AM (2p0e3)
Posted by: Meagan McCain at October 30, 2009 07:38 AM (SSZkW)
Posted by: Hussein the Plumber at October 30, 2009 12:33 PM (r1h5M)
Yeah, kinda restores your faith in humanity doesn't it.
NOT!
Posted by: Nighthawk at October 30, 2009 07:38 AM (OtQXp)
Posted by: Dr. Spank at October 30, 2009 07:39 AM (muUqs)
Posted by: The White House at October 30, 2009 07:39 AM (zPuzF)
We asked you kindly not to cancel your subscription. Meh. We'll merge with Newsweek and spiral off into oblivion.
Posted by: Time Magazine at October 30, 2009 07:40 AM (aVQo/)
I need to score with chicks. What's the going rate on silk stockings?
Is that from "Moscow on the Hudson"
Posted by: Lemmiwinks at October 30, 2009 07:40 AM (IqfKc)
Posted by: Barack Obama at October 30, 2009 07:40 AM (+FzLa)
The company where I work is planning layoffs for November. All I have to say is-
Hello, perpetual unemployment!!!!
Posted by: Hussein the Plumber at October 30, 2009 07:41 AM (r1h5M)
HAHAHAAAA! Time is gonna fire 6% of their staff! Merry Christmas, c*cksuckers! Couldn't happen to a shittier bunch of koolaid drinkers.
I guess sales on "Obama the Magazine" didn't meet the projections.
Posted by: Lemmiwinks at October 30, 2009 07:42 AM (IqfKc)
Posted by: The Duck at October 30, 2009 07:42 AM (wOGfT)
Posted by: FireHorse at October 30, 2009 07:42 AM (Vl5GH)
Posted by: wHodat at October 30, 2009 07:42 AM (+sBB4)
Posted by: The Turkey at October 30, 2009 07:43 AM (Haq+B)
Posted by: David Axelrod and Rahm Emmanuel at October 30, 2009 07:43 AM (+FzLa)
Posted by: Meagan McCain at October 30, 2009 12:38 PM (SSZkW)
You did get a dollar for each, so yes. Yes they do.
Posted by: CUS at October 30, 2009 07:44 AM (wOGfT)
Posted by: Lemmiwinks at October 30, 2009 07:44 AM (IqfKc)
Apples. Apples. Wanna buy some apples?
Posted by: wHodat at October 30, 2009 12:42 PM (+sBB4)
Better yet, anybody wannna buy some jeans ?
Posted by: Charles Johnson at October 30, 2009 07:44 AM (+FzLa)
Saved, created, lost, Let me be perfectly clear, passed failures of the last 8 years, jobs, wee weed, I won, lipstick on a pig, I suck cock, just a few precious quotes from the annointed one.
Posted by: Todd (the guy who is afraid of Michelle' big ass) at October 30, 2009 07:44 AM (LLOGQ)
Posted by: Swine Flu Vaccine at October 30, 2009 07:45 AM (GwPRU)
Posted by: Audubon Society Field Guide To Avian Adventure at October 30, 2009 07:45 AM (aVQo/)
You know now I am beginning to understand a visit I got the other day.
A guy from the federal government showed up at my door and asked "Are you employed?"
I said: "Yes, thank God."
He shoved a dollar in my hand and ran.
I guess my job has been saved.
Posted by: Rocks at October 30, 2009 07:45 AM (Q1lie)
Posted by: runningrn at October 30, 2009 07:46 AM (qP2BK)
Posted by: Michael Rittenhouse at October 30, 2009 07:46 AM (2QFX4)
Posted by: unused assault rifle at October 30, 2009 07:46 AM (IqfKc)
Problem solved.
Posted by: FreakyBoy at October 30, 2009 07:47 AM (4s1it)
I'd hold the cheers for CBS. They had little choice in this case. The AP is running these stories, have said they would continue to do so, and other media outlets were already picking up on it.
Posted by: MDr at October 30, 2009 07:48 AM (ucq49)
Posted by: kefka at October 30, 2009 07:48 AM (n1uMU)
Posted by: Soap MacTavish at October 30, 2009 07:48 AM (554T5)
Posted by: weewilly at October 30, 2009 07:48 AM (iBHcm)
Isn't democracy still held hostage? We need a daily count.
Posted by: Some Guy at October 30, 2009 07:48 AM (lPxkl)
Posted by: Dang Straights at October 30, 2009 12:34 PM (Haq+B)
--Wow, even whoring has been hard-hit by the economic downturn!
Posted by: logprof at October 30, 2009 07:49 AM (A+6fk)
It's the same mindset behind the democrats' opposition to voter ID laws. They WANT to cheat - "by any means necessary"
Nailed it. One wonders how long before Da Won's advisers put a poll on the WhiteHouse website asking "How do you feel about the economy?", with the only choices being the following:
l. It's the bestest ever, absolutely evah!
2. It's the best economy in the past 50 years.
3. It's better than any we've had under any other president.
Posted by: sf at October 30, 2009 07:50 AM (xz5dP)
Posted by: joncelli at October 30, 2009 07:50 AM (RD7QR)
Problem solved.
For the money they spent they could have saved or created 133 jobs per every human on the planet, or 2,666 for every American. I don't know about you guys, but I don't think I could work 2,666 jobs.
Posted by: unused assault rifle at October 30, 2009 07:51 AM (IqfKc)
Posted by: Katie Couric's colon at October 30, 2009 07:52 AM (Oxen1)
Posted by: wHodat at October 30, 2009 07:52 AM (+sBB4)
Posted by: Rahm Emmanuel at October 30, 2009 07:53 AM (+FzLa)
Posted by: Mr. Pink at October 30, 2009 07:53 AM (SqAkN)
Posted by: teej at October 30, 2009 07:54 AM (c459z)
Posted by: Purple Avenger at October 30, 2009 07:54 AM (gNacq)
"Created 100's of errors"--errors my ass.
"Half a million dollars to study social networking websites and 219k dollars to study the sex lives of college freshmen women."--I feel so much better now. You know that's going to create more jobs for "researchers".
You know, Chip Reidv has been getting increasingly testy with Gibbsy during press conferences. (Not up to Jake Tapper standards, but still). That one where he was asking Gibbs about high rolling donors getting access to high ranking Obama officials and using the WH bowling alley, he was visibly irritated. It would be nice if the media would stop kissing The Shamster's ass and start doing their jobs.
And yes, it is absolutely delicious that Time is firing 6% of their staff. That rag couldn't be more deserving of going off the mortal coil to the propaganda factory in the sky.
Posted by: runningrn at October 30, 2009 07:54 AM (qP2BK)
Posted by: JDW at October 30, 2009 07:54 AM (uw+0A)
Posted by: Hollowpoint at October 30, 2009 07:54 AM (rf03a)
Posted by: Obama at October 30, 2009 07:55 AM (+sBB4)
Posted by: nevergiveup at October 30, 2009 07:55 AM (TfW4T)
--Wow, even whoring has been hard-hit by the economic downturn!
Posted by: logprof at October 30, 2009 12:49 PM (A+6fk)
Yeah (wiping tear from eye). It's so sad, we thought we were a recession proof industry.
Posted by: MSM Presstitutes at October 30, 2009 07:55 AM (qP2BK)
Posted by: A virgin W-88 at October 30, 2009 07:56 AM (xCBQ4)
So in THAT case the spendulus was a huge waste of money
The Federal gov't could have simply given every employed American one dollar, and "saved or created' a number of jobs equal to the number of working Americans.
This program would cost only a teensy fraction of the Spendulus actually cost.
Hell, Uncle Sam wouldn't even have to write a single check. . .just offer everyone who had $1 worth of earnings in the last year a $1 tax credit.
Posted by: looking closely at October 30, 2009 07:56 AM (PwGfd)
Posted by: Cass Sunstein at October 30, 2009 07:56 AM (aVQo/)
Posted by: BackwardsBoy at October 30, 2009 07:56 AM (ZGhSv)
Posted by: Lemmiwinks at October 30, 2009 07:58 AM (IqfKc)
Posted by: Anita Dunn at October 30, 2009 07:58 AM (5HlNp)
----------
I believe I have saved or created at least 10 jobs this morning alone.
I got up and took a crap. Therefore, I have created 1 job in the toilet paper manufacturing sector.
I had a bagel for breakfast. Therefore, I have saved 1 agricultural job and created a job at the bagel plant. Total so far... 3 jobs.
I had some coffee. The coffee came from Columbia, so I saved a job at the dock where somebody unloaded the coffee. Also, some one trucked the coffee from the dock to the store, so there is another job. Total so far..... 5 jobs.
I read the local newspaper. I subscribed to the newspaper from some guy at the local grocery store who was giving out gift cards to the store if I subscribed. I saved his job, plus saved the delivery persons job. Total jobs....... 7
The local kid came around and I paid him $15 to rake up the leaves in the front yard. I also supplied the lawn refuse bags. That 1 job created for the kid and 1 job saved at the place that makes the lawn refuse bags. Total jobs saved......... 9
And I have posted here, dutifully clicking on the ad banners. Thus, I can claim to have saved the job of Ace, Internet Blogger. Total for the morning.......... 10.
I can hardly wait to see how many more jobs I save or create this afternoon.
Posted by: Mallamutt at October 16, 2009 01:32 PM
Posted by: Michael in MI at October 30, 2009 07:58 AM (ObTcs)
Posted by: Unclefacts, Summoner of Bacons, and the Odd Meteor at October 30, 2009 07:58 AM (erIg9)
Posted by: runningrn at October 30, 2009 07:58 AM (qP2BK)
Posted by: nevergiveup at October 30, 2009 07:59 AM (TfW4T)
Posted by: Joe Wilson at October 30, 2009 08:00 AM (wAQA5)
Posted by: Beagle at October 30, 2009 08:00 AM (sOtz/)
Posted by: Waterhouse at October 30, 2009 08:00 AM (necDd)
Posted by: The Buzzard at October 30, 2009 08:01 AM (DIYmd)
Posted by: Chicago Accountants' Union at October 30, 2009 08:03 AM (is97c)
Watched the vid and was surprised at the candor. CBS prolly got an angry and hysterical call afterwards.
No, but I sent Katie a stern warning during the report. And I think you know what I mean by stern. Something along the line of "I will burn your f! house down - bitch!"
Posted by: Rahm Emmanuel at October 30, 2009 08:03 AM (V9SYy)
Posted by: A virgin W-88 at October 30, 2009 12:56 PM (xCBQ4) -
Okay, help out an old guy who hasn't stayed current. W-88?
Posted by: teej at October 30, 2009 08:03 AM (c459z)
Posted by: Mallamutt at October 30, 2009 08:04 AM (V9SYy)
Posted by: Jean at October 30, 2009 08:05 AM (xCBQ4)
Posted by: Person Who Shot At Lou Dobb's House at October 30, 2009 08:05 AM (B5cM9)
Posted by: runningrn at October 30, 2009 08:05 AM (qP2BK)
Posted by: Mallamutt at October 30, 2009 08:05 AM (V9SYy)
84 I'm glad I took math before this new fangled Democratic math came along?
I don't know... seems pretty easy now. Just make up a bunch of gobble-de-gook and Voila!
Posted by: Isaac Newton at October 30, 2009 08:05 AM (wAQA5)
Posted by: Beagle at October 30, 2009 08:06 AM (sOtz/)
Posted by: Joe Biden at October 30, 2009 08:06 AM (5HlNp)
Along the lines of our Whiney Shamster...
Would it be racist if I call him our Shiney Whamster instead?
OK, I ban myself!
Posted by: runningrn at October 30, 2009 08:06 AM (qP2BK)
Posted by: A virgin W-88 at October 30, 2009 12:56 PM (xCBQ4) -
Okay, help out an old guy who hasn't stayed current. W-88?
It is a nuclear warhead.
Posted by: Lemmiwinks at October 30, 2009 08:06 AM (IqfKc)
Posted by: teej at October 30, 2009 08:07 AM (c459z)
Posted by: Beagle at October 30, 2009 08:08 AM (sOtz/)
How would you feel about questioning your Messiah?
Posted by: MSM Douchebag at October 30, 2009 08:08 AM (necDd)
Posted by: nevergiveup at October 30, 2009 12:59 PM (TfW4T)
Does it piss of liberals?
Posted by: Unclefacts, Summoner of Bacons, and the Odd Meteor at October 30, 2009 08:09 AM (erIg9)
Has anyone else seen a day-care center with 129 employees? Admittedly, it's been a few years since the BackwardSon was in one, but I don't remember seeing more than a dozen employees at most.
Posted by: BackwardsBoy at October 30, 2009 08:09 AM (ZGhSv)
Posted by: Kathleen Parker at October 30, 2009 08:09 AM (5HlNp)
Posted by: teej at October 30, 2009 08:09 AM (c459z)
Posted by: Mark at October 30, 2009 08:09 AM (OoClR)
Posted by: GregInSeattle at October 30, 2009 08:09 AM (B5cM9)
Posted by: Chairman Mao at October 30, 2009 08:10 AM (DIYmd)
Has anyone else seen a day-care center with 129 employees? Admittedly, it's been a few years since the BackwardSon was in one, but I don't remember seeing more than a dozen employees at most.
Yeah it's called public school.
Posted by: Lemmiwinks at October 30, 2009 08:10 AM (IqfKc)
Is Wall Street having a touch of reality?
Do they finally realize that Obama is pumping dollars into the economy on margin?
Posted by: Tweet beats dead horses at October 30, 2009 08:10 AM (JY1gZ)
Posted by: Mainstream Media at October 30, 2009 08:11 AM (2dZ+6)
How would you feel about questioning your Messiah?
We need get some photoshopped red robes on Gibbsy.
Posted by: Jean at October 30, 2009 08:11 AM (xCBQ4)
Posted by: Techie at October 30, 2009 08:11 AM (cxW4X)
Oh Goodness, Gibbs is jumping the shark on this job saved/created meme. Now he is claiming there is even more from jobs indirectly saved/created by the stimulus. More blabbering about "bottom down" economics.
And you know why it is called bottom down - cause in the end, that is where we all are at.
Posted by: Mallamutt at October 30, 2009 08:12 AM (V9SYy)
Posted by: Lemmiwinks at October 30, 2009 08:13 AM (IqfKc)
Posted by: Unclefacts, Summoner of Bacons, and the Odd Meteor at October 30, 2009 08:13 AM (erIg9)
The best president since FDR!
Posted by: Bob Beckel at October 30, 2009 08:14 AM (wAQA5)
The W-88 has nice pop, but 400 MT? That's like chixlub-wipe out the dinosaurs and all of north america size.
I liked at the very end of that CBS report where they were starting in on a report about Hillary and the city of laWhore.
Posted by: wws at October 30, 2009 08:14 AM (T1boi)
Has anyone else seen a day-care center with 129 employees? Admittedly, it's been a few years since the BackwardSon was in one, but I don't remember seeing more than a dozen employees at most.
Yeah it's called public school.
Posted by: Lemmiwinks at October 30, 2009 01:10 PM (IqfKc)
A college with 5y journalism and communications majors?
Posted by: Jean at October 30, 2009 08:14 AM (xCBQ4)
Posted by: Mr. Crabington at October 30, 2009 08:14 AM (taGwa)
Would someone please tell Helen Thomas that she is dead. It appears her body has not got the memo yet.
And what a shitty question "the President's critic appear not to want him to succeed, what does the President say about that"
Gee, Helen, why don't you just get your aging carcass out of the seat and stroll down the hall and fluff Obama there.
Posted by: Mallamutt at October 30, 2009 08:14 AM (V9SYy)
If you spend a few million improving a road those construction worker jobs are not 'benefits', they are 'costs'. If the road improvements directly improve property values in the area of the road, those are the 'benefits'. The benefits must exceed the costs to justify the project. Obviously just repaving a road to nowhere would not result in any benefits to anyone (unless you consider ass-raping productive people a benefit).
Team Obama gets this ass-backwards - They routinely mislabel the 'costs' as 'benefits' and never attempt to show any real 'benefits' (nevermind that benefit/cost > 1.0) - because there are none.
Posted by: Druid at October 30, 2009 08:14 AM (Gct7d)
bottom down?
wow yeah, that some sound economic policy you got there, Obama
There is no such thing as Bottom-Up growth, you cocksucker, Obama.
Posted by: Tweet beats dead horses at October 30, 2009 08:15 AM (x9okW)
Posted by: Mallamutt at October 30, 2009 08:15 AM (V9SYy)
Posted by: Jean at October 30, 2009 08:15 AM (xCBQ4)
Posted by: GregInSeattle at October 30, 2009 08:16 AM (B5cM9)
Posted by: ParisParamus at October 30, 2009 08:16 AM (ghbPL)
Posted by: Mr. Pink at October 30, 2009 08:16 AM (SqAkN)
Yeah. Hiya. Nice ta see ya! Ha ha ha ha ha. Yeah.
OK. Well. Yeah. I don't see what all the fuss is about; I mean...huh? I mean, you guys are just now getting around to paying taxes is patriotic, Katie.
Spine of STEEL!
Posted by: Joe Biden at October 30, 2009 08:16 AM (yQtk0)
Posted by: Waterhouse at October 30, 2009 08:16 AM (necDd)
Did he really call it that??? If so that could be the death of Obamanomics.
Bottom Down: when you hit rock bottom and keep digging.
Posted by: Lemmiwinks at October 30, 2009 08:16 AM (IqfKc)
I don't think it's so much the msm finally waking up as it is them saying dude if you want us to cover for your ass we need something a little more believable or else Americans will see us for the complete douchebags we really are.
Posted by: bulwark at October 30, 2009 08:16 AM (jvrmc)
Chuck Todd's father should of jacked off the night he was conceived.
Changed my mind after hearing Chuckles H1N1 question. Chuck Todd's mother should have gone John Wayne Bobbitt on his father the day they were married.
Posted by: Mallamutt at October 30, 2009 08:16 AM (V9SYy)
Posted by: Cool Money Grip at October 30, 2009 08:17 AM (KOkrW)
Posted by: Tami at October 30, 2009 08:17 AM (VuLos)
Posted by: Rocco Landesman at October 30, 2009 08:17 AM (fDWFP)
Did he actually say "bottom-down"?
They used to call it bottom down. then some one told them that sucked, try something different. So, now, they bounce around saying crap like "indirect" job creation by giving people money to spend on the economy.
Posted by: Mallamutt at October 30, 2009 08:18 AM (V9SYy)
My local liquor and homegrown reefer salesmen . I'd support hookers and exotic entertainers too if the aforementioned ever left me with any excess cash .
Hey, they're Americans with families to support , as well .
I wish my wife understood these patriotic choices that I make . Sadly , she tends to go on and on about groceries , mortgage , utility bills , blah , blah, blah .
Posted by: akward davies at October 30, 2009 08:19 AM (wb68R)
Huh. More waste of the public's money. More lies. How unexpected (/sarc). Is there no law or moral rule these bastards do not trample under foot every damn day?
How can you tell a Liberal is lying? His lips are moving. Or his fingers are typing. Or he's writing a note. Or he's sending up a smoke signal. Etc...
I used to wonder why. Why would they say so many things that were so obviously and insultingly untrue? Then I was enlightened by this explanation:
Political correctness is communist propaganda writ small. In my study of communist societies, I came to the conclusion that the purpose of communist propaganda was not to persuade or convince, nor to inform, but to humiliate; and therefore, the less it corresponded to reality the better. When people are forced to remain silent when they are being told the most obvious lies, or even worse when they are forced to repeat the lies themselves, they lose once and for all their sense of probity. To assent to obvious lies is to co-operate with evil, and in some small way to become evil oneself. One's standing to resist anything is thus eroded, and even destroyed. A society of emasculated liars is easy to control. I think if you examine political correctness, it has the same effect and is intended to.
-Theodore Dalrymple ---Interview with Jamie Glazov; FrontPageMagazine.com; August 31, 2005
Posted by: Reactionary at October 30, 2009 08:19 AM (P+HSn)
Oh lord - Gibbs just got asked - has the President read, or started to read the House Health Care bill. Gibss answer - I don't know.
You can not make this stuff up. Seriously.
Posted by: Mallamutt at October 30, 2009 08:19 AM (V9SYy)
The W-88 has nice pop, but 400 MT? That's like chixlub-wipe out the dinosaurs and all of north america size.
I liked at the very end of that CBS report where they were starting in on a report about Hillary and the city of laWhore.
Posted by: wws at October 30, 2009 01:14 PM (T1boi)
I revised that to kilotons. I'm pretty sure we don't have any megaton warheads these days. My (brain lock) typo would make the W-88 nine times larger than the Soviet Tsar Bomba test. Cool, but not very useful except for vaporizing hostile meteors in space or something.
Posted by: Beagle at October 30, 2009 08:20 AM (sOtz/)
Posted by: Purple Avenger at October 30, 2009 08:21 AM (gNacq)
134 Question: If someone is losing their job, but they get a $50 going away gift from their work, was that job created or saved?
That's an excellent question.
Posted by: BeckoningChasm at October 30, 2009 08:22 AM (IEJ4J)
Posted by: Unclefacts, Summoner of Bacons, and the Odd Meteor at October 30, 2009 08:22 AM (erIg9)
I'm glad I took math before this new fangled Democratic math came along?
Why? That shit's deader than Latin. 2+2=Unicorn is what the hip young gangsters running the show are pimpin now.
Posted by: VJay at October 30, 2009 08:23 AM (gQ+XA)
Yesterday, a caller to the Howie Carr Show
You mean, Jay Severin has competition in the Boston market? Coulda fooled me.
Posted by: Truman North at October 30, 2009 08:23 AM (e8YaH)
13 This is exactly how the government is supposed to work in the college professor fairy-tail land.
Fairy-tail? Bunk!
Posted by: Barney Frank at October 30, 2009 08:24 AM (e8YaH)
Oh lord - Gibbs just got asked - has the President read, or started to read the House Health Care bill. Gibss answer - I don't know.
You can not make this stuff up. Seriously.
Posted by: Mallamutt at October 30, 2009 01:19 PM (V9SYy)
Do you have ANY idea how hard it is to carry your golf bag, AND a nearly 2000 page document around the links? DO YOU?
Posted by: Unclefacts, Summoner of Bacons, and the Odd Meteor at October 30, 2009 08:24 AM (erIg9)
Posted by: Unclefacts, Summoner of Bacons, and the Odd Meteor at October 30, 2009 08:26 AM (erIg9)
You mean, Jay Severin has competition in the Boston market? Coulda fooled me.
You being funny, right? Jay is okay, but Howie is 10x better.
Posted by: Tweet beats dead horses at October 30, 2009 08:26 AM (x9okW)
Posted by: GregInSeattle at October 30, 2009 08:26 AM (B5cM9)
The H-bombs were all scrapped years ago. Some of the initiator mini-bombs were recycled into ordinary fission warheads.
Posted by: Purple Avenger at October 30, 2009 08:26 AM (gNacq)
Oh, Major Garrett just called bullshit on Gibbs. Yesterday, Gibbs said Cash for Clunkers was 1.6 of the 3.5 GDP. Now, Valerie Jarrett said Cash for Clunkers was not part of the 3.5 GDP. Garrett wants to know how you can claim both. Gibbs just decided to point out GDP grew, so f you Major.
Posted by: Mallamutt at October 30, 2009 08:27 AM (V9SYy)
Posted by: kansas at October 30, 2009 08:28 AM (mka2b)
Posted by: DrSteve at October 30, 2009 08:29 AM (t+B7A)
Dow down 222.
Wait till GDP shrinks next quarter. Hell, wait till November, when they revise the GDP number (you will have to read about here - the MSM won't cover it) and it is more like a 1.5 increase.
And if Christmas is as bad as they are predicting (not sold on that yet, still think some of the big box stores are intentionally underestimating their revenue projections so when the exceed their low ball estimates the stock shots up) wait till you start seeing companies like Macy go chapter 11.
Posted by: Mallamutt at October 30, 2009 08:30 AM (V9SYy)
26 Well, I am sure that this is a theological conundrum for the devoted. If Obama told a lie, did he actually say it? Or is it a lie that the people heard it?
That is interesting, good pickup, Ace. Now we know where the saved or created claim comes from.
You are seriously giving me a headache
Posted by: The Butcher at October 30, 2009 08:31 AM (8g9qq)
Posted by: Purple Avenger at October 30, 2009 08:32 AM (gNacq)
Uh, no. Whatever gave you that idea? Maybe in a sane world, but not the one we live in. The first time the words "x number of jobs have been saved or created" comes out of the mouth of a Republican president's press secretary or spokesman, the MSM will be all over it like a school of starving piranha on a cow that has fallen into the Amazon River. And if some conservative pundit points out the obvious double-standard, they'll say, "Huh?"
Posted by: OregonMuse at October 30, 2009 08:32 AM (eR37w)
Posted by: kansas at October 30, 2009 01:28 PM (mka2b) -
And I thought I was the only kansas moron.
Posted by: teej at October 30, 2009 08:33 AM (c459z)
Hey, remember two weeks ago when the Dow reaching 10,000 was "psychologically significant"?
I wonder what 9700 means?
Posted by: Circa (Insert Year Here) at October 30, 2009 08:34 AM (B+qrE)
Target is in trouble. Their sales are way down. Walking through a Target these days is like exploring an old west ghost town
Posted by: Purple Avenger at October 30, 2009 08:34 AM (gNacq)
Posted by: CUS at October 30, 2009 08:35 AM (wOGfT)
Posted by: Purple Avenger at October 30, 2009 08:35 AM (gNacq)
Posted by: Circa (Insert Year Here) at October 30, 2009 08:35 AM (B+qrE)
And Chips family has probably just been abducted.
Posted by: MelodicMetal at October 30, 2009 08:35 AM (x4S2a)
Hey, remember two weeks ago when the Dow reaching 10,000 was "psychologically significant"?
I wonder what 9700 means?
Means we got psyched-out
Posted by: Lemmiwinks at October 30, 2009 08:36 AM (IqfKc)
91 Katie is a biased whore.
Posted by: Anita Dunn at October 30, 2009 12:58 PM (5HlNp)
Right you are, Anita.
Posted by: Rep. Grayson at October 30, 2009 08:36 AM (is97c)
I wonder what 9700 means?
Posted by: Tweet Krugman at October 30, 2009 08:36 AM (JY1gZ)
By this logic if a salesman sells one 500 dollar plazma TV he can say he sold 500 different products. Salesman of the year!!!!!
Moreover, he singlehandedly "created or saved" the jobs of every single one of the 10,000 people working for the companies that built, transported, or sold the TV.
Posted by: Hollowpoint at October 30, 2009 08:37 AM (rf03a)
Posted by: Purple Avenger at October 30, 2009 08:37 AM (gNacq)
I'm surprised Sears is still around. Probably not for long.
I am really thinking about throwing in the towel.
Posted by: K-Mart at October 30, 2009 08:38 AM (V9SYy)
Posted by: GregInSeattle at October 30, 2009 08:39 AM (B5cM9)
Posted by: Jean at October 30, 2009 08:39 AM (xCBQ4)
Posted by: teej at October 30, 2009 08:39 AM (c459z)
I wonder what 9700 means?
It means Wall Street traders are acting like tourist at a Vegas Blackjack table. Cashing out after a winning hand, grabbing a drink and waiting a few hours to see how much they have left to play again after the misses goes shopping.
Posted by: Mallamutt at October 30, 2009 08:40 AM (V9SYy)
Posted by: Barney Frank at October 30, 2009 08:40 AM (e8YaH)
Posted by: Truman North at October 30, 2009 08:41 AM (e8YaH)
Posted by: Purple Avenger at October 30, 2009 08:41 AM (gNacq)
Posted by: Jean at October 30, 2009 08:42 AM (xCBQ4)
There is no such thing as Bottom-Up growth, you cocksucker, Obama.
Posted by: Tweet beats dead horses at October 30, 2009 01:15 PM (x9okW)
Well, there is such a thing as bottom growth.
Posted by: Me-chelle Antoinette at October 30, 2009 08:42 AM (is97c)
Posted by: A typical CDI twit at October 30, 2009 08:43 AM (xCBQ4)
Posted by: harleycowboy at October 30, 2009 08:43 AM (JKGfQ)
I better peer review your data, but I'd rather start a new sample. Let's do both.
Hello Stimulus Czar. Need grant money stat.
Hello HHS. Need condoms stat.
Hello Beer Czar. You free this weekend?
Posted by: WTFCI at October 30, 2009 08:44 AM (GtYrq)
It means Wall Street traders are acting like tourist at a Vegas Blackjack table. Cashing out after a winning hand, grabbing a drink and waiting a few hours to see how much they have left to play again after the misses goes shopping.
Or maybe people are beginning notice that a block of dried Velveeta connected to a Commodore 64 that generates random policy options from the collected economic works of Hugo Chavez and Robert Mugabe is controlling the economy.
Maybe.
Posted by: Circa (Insert Year Here) at October 30, 2009 08:45 AM (B+qrE)
But what are they moving their cash into while they enjoy that drink - Euro's?
Gold has been through the roof - so that is one.
Currency trading has picked up mainly cause the dollar is tanking - so that is probably another.
But I think its a lot of cash hoarding. Consumer spending is down. Housing is flat. Commercial real estate is cratering. So, I suspect the traders are hoarding cash, waiting for another crash (when the market gets back to 8,000) and then they will jump in and buy what they believe the survivors will be.
Posted by: Mallamutt at October 30, 2009 08:46 AM (V9SYy)
Or maybe people are beginning notice that a block of dried Velveeta connected to a Commodore 64 that generates random policy options from the collected economic works of Hugo Chavez and Robert Mugabe is controlling the economy.
Circa, I think you are vastly over-estimating the average intelligence of a Wall Street Trader.
Posted by: Mallamutt at October 30, 2009 08:48 AM (V9SYy)
Posted by: A typical CDI twit at October 30, 2009 08:49 AM (xCBQ4)
Circa, I think you are vastly over-estimating the average intelligence of a Wall Street Trader.
Heh. Touche'.
Posted by: Circa (Insert Year Here) at October 30, 2009 08:50 AM (B+qrE)
Posted by: Jean at October 30, 2009 08:51 AM (xCBQ4)
Posted by: CDR M at October 30, 2009 08:53 AM (8NiWI)
Please, someone wake me up and tell me it was all a dream.....
Posted by: Todd (the guy who is afraid of Michelle' big ass) at October 30, 2009 08:54 AM (LLOGQ)
Posted by: naturalfake at October 30, 2009 08:59 AM (ao5cQ)
Posted by: Lemmiwinks at October 30, 2009 09:16 AM (IqfKc)
Posted by: sydney jane at October 30, 2009 09:18 AM (T8h7U)
Posted by: tachyonshuggy at October 30, 2009 09:27 AM (yUybe)
Posted by: Holly Flax at October 30, 2009 09:28 AM (A+6fk)
I'd hold the cheers for CBS. They had little choice in this case. The AP is running these stories, have said they would continue to do so, and other media outlets were already picking up on it.
I'm starting to wonder if this is partly attributable to the stupid little war against Fox News the White House tried waging. That stunt not only sent more people to Fox, it actually compelled the other news organizations and left-wing media pundits to defend Fox on First Amendment grounds. The Chicago street trash MO of the administration got put on display for the entire country to see, and now other news organizations are beginning to question just how competent Obama and his cronies are.
Nixon learned the hard way (twice) that you don't go to war with the media; it appears Obama needs to learn that lesson as well.
Posted by: David Axelrod's Combover at October 30, 2009 09:35 AM (/Pw+r)
Posted by: Dumbstream Media at October 30, 2009 09:53 AM (xm1A1)
This isn't hard to figure out, to CBS's credit, they see were the market is, moving to Fox light?
I am betting so.
They're in the tank now, what is there to lose?
You heard it here at AoSHQ first.
Kemp
Posted by: Kemp at October 30, 2009 09:55 AM (2+9Yx)
Posted by: LAsue at October 30, 2009 09:56 AM (gIrH3)
This isn't hard to figure out, to CBS's credit, they see were the market is, moving to Fox light?
I am betting so.
They're in the tank now, what is there to lose?
You heard it here at AoSHQ first.
Kemp
let me be the 1st to disabuse you of that notion
Posted by: Cool Money Grip at October 30, 2009 10:00 AM (KOkrW)
This isn't hard to figure out, to CBS's credit, they see were the market is, moving to Fox light?
Actually, I think Kemp may be on to something. I suspect it is not going to happen, but it would be brillant.
Your CBS or ABC (NBC doesn't have the choice - it is so invested in this President there is no way they can walk away from the hand, even though they have gone all in holding off-suit 2 and 7). Your are bleeding viewers. For the most part, you are no different then the other 2 networks. You have to do something. You see that the only network with rating growth is Fox. So.......
You start becoming the main critic of this administration of the big 3 networks. Probably be easier for ABC, Jake Trapper would have a shorter trip to get there than whoever the hell is covering the White House for CBS. Bring in a legitimate conservative commentator. Give them one segment a week. Do a few invetigations into SEIU, etc. By 2nd quarter 2010 you probably see your decline end. By 2011, you probably have growth.
These guys are not smart enough to figure it out. Which is why they are going down the drain.
Posted by: Mallamutt at October 30, 2009 10:22 AM (V9SYy)
Posted by: Wm T Sherman at October 30, 2009 10:24 AM (w41GQ)
One problem with your theory. So called journalist are now out on the open leftist now. I don't think they can move back to the center after selling their souls to the left.
Posted by: wrg at October 30, 2009 10:28 AM (7t+Ws)
The H-bombs were all scrapped years ago. Some of the initiator mini-bombs were recycled into ordinary fission warheads.
Posted by: Purple Avenger at October 30, 2009 01:26 PM (gNacq)
We still have H-bombs. Lots of them. The really big ones (5-10 MT) have been retired, since they are not as useful as the modern smaller, lighter, and more accurate ones. One reason for the size of those old, really large weapons was the inaccuracy of delivery at the time. A giant blast meant that you didn't have to get the bomb right on the target.
All the current sub-launched, silo-launched, and cruise missile nuclear warheads are thermonuclear. The yields range about 100-450 kT. There are still a few air-delivered weapons that yield up to a megaton or so.
Come to think of it, a Trident missile with say, ten 400 kT warheads adds up to 4 megatons total. Distributing the smaller warheads actually causes a lot more destruction than a single 4 MT bomb.
Posted by: Wm T Sherman at October 30, 2009 10:40 AM (w41GQ)
Stills: Say, can I have some of your purple berries?
Crosby: Yes, I've been eating them for six or seven weeks now,
haven't got sick once.
Stills: Probably keep us both alive.
Posted by: This time next year at October 30, 2009 11:09 AM (k6cRx)
Yesterday, a caller to the Howie Carr Show
You mean, Jay Severin has competition in the Boston market? Coulda fooled me.
*****************
LOL!!! Severino's on life support. He's never there, and he's a pompous asshole. His three-hour show is often two hours of him, then a third-hour re-run of the first hour. (You're not supposed to notice, I guess, and given how predictable and boring he is, you won't)
His station's management is desperately moving time slots and hosts around as if they were playing mah-jong.
(Howie's station WRKO is also in terrible shape, but at least they've got him and Rush. WTTK's got Squat. Jack. Bupkis. Nada. Rien. Rei. Nul. )
Posted by: Michelle McPhee at October 30, 2009 11:18 AM (k6cRx)
Posted by: mot at October 30, 2009 11:30 AM (8Tn0o)
One problem with your theory. So called journalist are now out on the open leftist now. I don't think they can move back to the center after selling their souls to the left.
True, but that actually can work for the network benefit. Gives you an excuse to dump all the old guys (at a higher salary) and hire new, cheaper talent. Call it a retooling. No one is watching the CBS evening news because of Katie Friggin Couric. So, dump her 7 million a year salary and hire some fresh face to just read the teleprompter. Hire a bunch of kids to pester the crap out of the White House. Or better yet, hire Hannah and the guy and make them reporters.
Doable. They aren't that smart, but doable.
Posted by: Mallamutt at October 30, 2009 11:41 AM (V9SYy)
Posted by: George Orwell at October 30, 2009 11:43 AM (d9zq2)
I used to live in Albany, grew up there, actually. That paper mill has operated for as long as I can remember. I have friends around there who are looking for work, but can't find jobs.
Posted by: John C at October 30, 2009 11:43 AM (gN6Pi)
Posted by: CoolCzech at October 30, 2009 12:18 PM (QECjC)
The account about how these "saved" and "created" jobs are calculated is absolutely true. Here in the Show Me state, public schools have been told that the state funds they've received as a matter of course are now considered spendulus money and school administrators have to sign forms affirming that yes, they saved and created jobs, too. Same amount of money received as usual except that the state now says what the funding is considered federal stimulus funds. When school districts complained that they were being forced to lie on the forms about saving and creating jobs, state officials hemmed and hawed and said that they're getting pressure from feds. If this is any indication of how things are going in the rest of the country all of the numbers are wildly exaggerated.
Posted by: martine at October 30, 2009 01:55 PM (dVhqO)
Posted by: Reiver at October 30, 2009 02:08 PM (q1zgR)
RP
-
Posted by: roman at October 30, 2009 02:24 PM (g2qqp)
Posted by: Number 2 at October 30, 2009 03:48 PM (HAPAi)
But I think "Please grade us on a curve" sounds better.
Posted by: Noel at October 30, 2009 04:45 PM (Hh13R)
So he might be a bit more principled than most of the sycophants. Jake Tapper has also done his job to some degree.
Sigh.
Posted by: Beverly at October 30, 2009 06:06 PM (7Frbo)
Ace, do you have a source for that "1 dollar" guideline? I have seen that nowhere else, and in the documentation I looked up (below), it seems that the jobs are pro-rated by the amount of recovery funding applied to the job.
http://tinyurl.com/ydbro6z
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