See other Editorial Articles
Title: Pelosi Flub: 500 Million Americans to Lose Jobs Each Month
Source:
[None]
URL Source: http://www.infowars.com/pelosi-flub ... icans-to-lose-jobs-each-month/
Published: Feb 4, 2009
Author: Kurt Nimmo
Post Date: 2009-02-04 12:25:39 by christine
Keywords: None
Views: 307
Comments: 21
So anxious was Madam House Speaker to sell the “stimulus” boondoggle bill, she flubbed the numbers. “Five hundred million people will lose their jobs each month until we have an economic package,” she warned. Chris Wallace of Fox News corrected her. WALLACE: No, 500,000. PELOSI: What did I say, million? WALLACE: Yes, 500 million. That would really be a recession. PELOSI: Oh, no. Excuse me. Thank you for correcting me. WALLACE: Yes. PELOSI: It feels like 500 million. Five hundred thousand Americans will lose their jobs each month until we have a recovery package. Obama’s folks claim the stimulus bill will create jobs, not save 500,000 jobs per month. “Christina Romer and Jared Bernstein, now top White House economic advisers, said a plan roughly similar to the House-passed version would yield 3.3 million to 4.1 million jobs by late 2010 that wouldn’t otherwise exist — but added a catch,” reports the Associated Press. So, what’s the catch? They made up the “rule of thumb” figures. “There is considerable uncertainty in our estimates,” Romer and Bernstein admitted. Job creation figures “are hard to estimate precisely.” The projections are “delicate,” that is to say easily contested. On January 21, economist Mark Zandi predicted the House bill would create 4 million jobs, based on assumptions that all its money would be spent by the end of 2010. Soon thereafter, the Congressional Budget Office projected that more than one-third of the bill’s spending and tax cuts would not occur until after 2010, so Mr. Zandi revised his “rule of thumb” job creation estimate to 3 million. If challenged again, will Zandi drop his estimate to 2 million? According to Joel Prakken, chairman of Macroeconomic Advisers, the so-called economic stimulus package will do nothing to prevent unemployment. Prakken said he expected Friday’s comprehensive payrolls report issued by the government to show a drop of about 500,000 jobs for the month of January. It is too late to prevent another significant rise in the U.S. unemployment rate, he said. He added that he expected about 3 million job losses over the next 12 months. Romer, Bernstein, and Zandi are side-stepping the real issue — unemployment will continue until the credit machine begins working again and the mortgage default and foreclosure problems are adequately addressed. Not that they will be. Because the “liquidity crisis” was manufactured by the bankers. “I suspect that part of what we’re seeing in the freezing up of lending markets is strategic behavior on the part of big financial players who stand to benefit from the bailout,” David K. Levine, a liquidity constraints and game theory economist at Washington University in St. Louis, told Bloomberg last September. In other words, the bankers created the crisis in order to fleece clueless taxpayers. In addition to fleecing the taxpayers under false pretense, the manufactured economic crisis is a great way to push for world government, something long dominating the wish list of the bankers and their functionaries like Gordon Brown, Dominique Strauss-Kahn, Nicolas Sarkozy, Tony Blair, Angela Merkel, and others. Finally, even Obama admits the current stimulus scheme will not fix the economy. He admitted as much on January 31 during his weekly radio address. “No one bill, no matter how comprehensive, can cure what ails our economy.” That’s because what “ails our economy” was manufactured. If 5 million or 500,000 people lose their jobs each month, you can bet it was planned that way.
Poster Comment: Wallace did correct her and she said she meant 500,000 a month.
Post Comment Private Reply Ignore Thread
Top • Page Up • Full Thread • Page Down • Bottom/Latest
#1. To: christine (#0)
Open season; no bag limit; gold for each head.
4um Traitor That's the important thing.
What is it going to take to get rid of this woman?!?
IIRC, you're in California. I think it would take either your state leaving the U.S. or falling off into the ocean due to tectonics.
“I would give no thought of what the world might say of me, if I could only transmit to posterity the reputation of an honest man.” - Sam Houston
No one ever accused Peelosely of having a brain attached to her mouth.
Chain of power currently... Buckwheat, Alfalfa and Peelosely.
Is this number kind of like the 6 million Jews number that were killed by the evil Nazis by gassing and ovens? I think so. The only difference is no one would dare correct a an elite "Jew" about the Holocaust. It is sacred stuff to them and shouldn't dared be questioned in the slightest or off with your head. 6 million, 6 thousand, it is all the same to a "Jew", unless you are talking about money.
God is always good!
I think your right. Shoot we haven't even gotten rid of ole Moonbeam. I think my state carried the concept of recycling a bit toooooo far.
Screw you Pelosi and your bankster/CEO giveaway. GIVE US OUR DAMNED 7% SOCIAL SECURITY THAT YOU'VE STOLEN FROM US ALL OUR WORKING LIVES...GIVE IT *ALL* TO US AS A LUMP SUM...AND DO IT NOW...WITH INTEREST..JUST AS THE IRS DEMANDS. Someone say Law Enforcement Against Prohibition You think the people of this country exist to provide you with position. I think your position exists to provide those people with freedom.~~William Wallace ALAS, BABYLON
R E V O L U T I O N????????? If not now, when?
Any breakthrough on the KFC front? Detente?
*snickering*
That is a DAMN good question. Liberty is being gang raped and all we do, like our parents in the "greatest generation," is sleep.
Law Enforcement Against Prohibition You think the people of this country exist to provide you with position. I think your position exists to provide those people with freedom.~~William Wallace ALAS, BABYLON
No detente. Next time it happens..next time anything happens....it will be catapult time, loaded with Watermelon and chicken scraps from KFC.
Law Enforcement Against Prohibition You think the people of this country exist to provide you with position. I think your position exists to provide those people with freedom.~~William Wallace ALAS, BABYLON
When? This weekend is good for me. Supposed to be up in the 60's. Good revolution weather and as good a day to die as any other day. That was NOT sarcasm. Its coming. We all know it. Only God knows when. If you don't believe in God, then make an educated guess. I gave up guessing long ago. I was ALWAYS wrong.
Click for Privacy and Preparedness files lol Lord, Lord - wtf is wrong with 'people?' Don't we have enough shiite to deal with in our own lives, that we need to create problems where none exist? Listening to Cat Stevens' Peace Train right now - good stuff.
"It's a good day to die." I must have some Klingon blood. :-)
Law Enforcement Against Prohibition You think the people of this country exist to provide you with position. I think your position exists to provide those people with freedom.~~William Wallace ALAS, BABYLON
4um Traitor I must have some Klingon blood. :-) Or Sioux :)
Click for Privacy and Preparedness files 4um Traitor If they are 500 million they must be very tiny Americans.
“I suspect that part of what we’re seeing in the freezing up of lending markets is strategic behavior on the part of big financial players who stand to benefit from the bailout,” David K. Levine, a liquidity constraints and game theory economist at Washington University in St. Louis, told Bloomberg last September. In other words, the bankers created the crisis in order to fleece clueless taxpayers.
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your counsel nor your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen.”—Samuel Adams
#2. To: christine (#0)
It feels like 500 million.
#3. To: christine (#0)
Meet the new boss, same as the old boss — The Who
#4. To: farmfriend (#3)
#5. To: christine (#0)
#6. To: farmfriend, christine, Jethro tull (#3)
#7. To: christine (#0)
(Edited)
#8. To: Sam Houston (#4)
IIRC, you're in California. I think it would take either your state leaving the U.S. or falling off into the ocean due to tectonics.
Meet the new boss, same as the old boss — The Who
#9. To: christine, ALL (#0)
(Edited)
R E V O L U T I O N?????????
"Corporation: An entity created for the legal protection of its human parasites, whose sole purpose is profit and self-perpetuation." ~~ IndieTx
#10. To: IndieTX. all (#9)
Someone say
#11. To: IndieTX (#9)
#12. To: Cynicom (#6)
Buckwheat, Alfalfa and Peelosely.
Meet the new boss, same as the old boss — The Who
#13. To: lodwick, PSUSA, DISGUSTED, ROTARA (#10)
If not now, when?
"Corporation: An entity created for the legal protection of its human parasites, whose sole purpose is profit and self-perpetuation." ~~ IndieTx
#14. To: lodwick (#11)
"Corporation: An entity created for the legal protection of its human parasites, whose sole purpose is profit and self-perpetuation." ~~ IndieTx
#15. To: IndieTX, All (#13)
#16. To: IndieTX (#14)
Next time it happens..next time anything happens....it will be catapult time, loaded with Watermelon and chicken scraps from KFC.
#17. To: PSUSA (#15)
Its coming. We all know it.
"Corporation: An entity created for the legal protection of its human parasites, whose sole purpose is profit and self-perpetuation." ~~ IndieTx
#18. To: IndieTX, PSUSA, lodwick (#17)
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your counsel nor your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen.”—Samuel Adams
#19. To: IndieTX (#17)
"It's a good day to die."
#20. To: All (#18)
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your counsel nor your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen.”—Samuel Adams
#21. To: christine (#0)
No place is better than Turtle Island.
Top • Page Up • Full Thread • Page Down • Bottom/Latest