[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

Gaetz Resigns 'Effective Immediately' After Trump AG Pick; DC In Full Blown Panic

MAHA MEME

noone2222 and John Bolton sitting in a tree K I S S I N G

Donald Trump To Help Construct The Third Temple?

"The Elites Want To ROB Us of Our SOVEREIGNTY!" | Robert F Kennedy

Take Your Money OUT of THESE Banks NOW! - Jim Rickards

Trump Taps Tulsi Gabbard As Director Of National Intelligence

DC In Full Blown Panic After Trump Picks Matt Gaetz For Attorney General

Cleveland Clinic Warns Wave of Mass Deaths Will Wipe Out Covid-Vaxxed Within ‘5 Years’

Judah-ism is as Judah-ism does

Danger ahead: November 2024, Boston Dynamics introduces a fully autonomous "Atlas" robot. Robot humanoids are here.

Trump names [Fox News host] Pete Hegseth as his Defense secretary

Lefties losing it: Trump’s YMCA dance goes viral

Elon Musk: "15 Products You'll Stop Buying After You Know What They're Made Of"

Walmart And Other Major Retailers Canceling Billions In Orders Amid Fears Of A Dark Winter Ahead

Joe and Jill Biden deliver final 'kick' against Kamala Harris on election day

Relative importance of carbon dioxide and water in the greenhouse effect: Does the tail wag the dog?

Fired FEMA Employee Speaks Out, Says It Was Not Isolated Incident: Colossal Event Of Avoidance

Judge Merchan Hands Trump Historic Victory Donald Receives Stay on Felony Conviction

PNut the Squirrel was marked for death and decapitation from the start as rabies test results are negative

Yemeni forces strike military base in Tel Aviv with hypersonic ballistic missile

SheÂ’s lying. The FEC shows the payment

Speaker Johnson Orders Entire Biden Administration to Preserve and Retain All Records and Documents

Boeing has given up on diversity.

Trump Targeting up to 100,000 Deep Staters for Absolute Exile From DC

FBI Execs Rush to Retire After Trump Victory Leaves Them Shell-Shocked.

Witness to Tragedy: Huge Financial Incentives Led Hospitals to Use COVID Treatments That Killed Patients

‘Knucklehead’: Tim Walz returns to Minnesota ‘defeated'

Study Confirms the Awesome Destructive Power of Sugar in Utero Originally published via Armageddon Prose:

Ukraine mobilizing mentally challenged and deaf people lawmaker


Editorial
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: 309
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  


TopPage UpFull ThreadPage DownBottom/Latest

#1. To: christine (#0)

“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.

Open season; no bag limit; gold for each head.

4um Traitor
"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

Rotara  posted on  2009-02-04   12:31:21 ET  Reply   Trace   Private Reply  


#2. To: christine (#0)

It feels like 500 million.

That's the important thing.

Erectus Walks Amongst Us

Prefrontal Vortex  posted on  2009-02-04   12:32:34 ET  Reply   Trace   Private Reply  


#3. To: christine (#0)

What is it going to take to get rid of this woman?!?


Meet the new boss, same as the old boss — The Who

farmfriend  posted on  2009-02-04   13:39:50 ET  Reply   Trace   Private Reply  


#4. To: farmfriend (#3)

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

Sam Houston  posted on  2009-02-04   15:42:42 ET  Reply   Trace   Private Reply  


#5. To: christine (#0)

No one ever accused Peelosely of having a brain attached to her mouth.

Cynicom  posted on  2009-02-04   15:48:00 ET  Reply   Trace   Private Reply  


#6. To: farmfriend, christine, Jethro tull (#3)

Chain of power currently...

Buckwheat, Alfalfa and Peelosely.

Cynicom  posted on  2009-02-04   15:50:12 ET  Reply   Trace   Private Reply  


#7. To: christine (#0) (Edited)

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!

RickyJ  posted on  2009-02-04   16:00:23 ET  Reply   Trace   Private Reply  


#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.

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.


Meet the new boss, same as the old boss — The Who

farmfriend  posted on  2009-02-04   16:22:06 ET  Reply   Trace   Private Reply  


#9. To: christine, ALL (#0) (Edited)

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
R E V O L U T I O N?????????

Law Enforcement Against Prohibition


"Corporation: An entity created for the legal protection of its human parasites, whose sole purpose is profit and self-perpetuation." ~~ IndieTx

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

IndieTX  posted on  2009-02-04   16:27:01 ET  Reply   Trace   Private Reply  


#10. To: IndieTX. all (#9)

Someone say

R E V O L U T I O N?????????

If not now, when?

Iran Truth Now!

Lod  posted on  2009-02-04   16:29:42 ET  Reply   Trace   Private Reply  


#11. To: IndieTX (#9)

Any breakthrough on the KFC front?

Detente?

Iran Truth Now!

Lod  posted on  2009-02-04   16:30:43 ET  Reply   Trace   Private Reply  


#12. To: Cynicom (#6)

Buckwheat, Alfalfa and Peelosely.

*snickering*


Meet the new boss, same as the old boss — The Who

farmfriend  posted on  2009-02-04   16:30:58 ET  Reply   Trace   Private Reply  


#13. To: lodwick, PSUSA, DISGUSTED, ROTARA (#10)

If not now, when?

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


"Corporation: An entity created for the legal protection of its human parasites, whose sole purpose is profit and self-perpetuation." ~~ IndieTx

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

IndieTX  posted on  2009-02-04   16:32:16 ET  Reply   Trace   Private Reply  


#14. To: lodwick (#11)

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


"Corporation: An entity created for the legal protection of its human parasites, whose sole purpose is profit and self-perpetuation." ~~ IndieTx

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

IndieTX  posted on  2009-02-04   16:33:45 ET  Reply   Trace   Private Reply  


#15. To: IndieTX, All (#13)

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 filesPhotobucket

PSUSA  posted on  2009-02-04   16:41:22 ET  Reply   Trace   Private Reply  


#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.

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.

Iran Truth Now!

Lod  posted on  2009-02-04   16:42:24 ET  Reply   Trace   Private Reply  


#17. To: PSUSA (#15)

Its coming. We all know it.

"It's a good day to die."

I must have some Klingon blood. :-)

Law Enforcement Against Prohibition


"Corporation: An entity created for the legal protection of its human parasites, whose sole purpose is profit and self-perpetuation." ~~ IndieTx

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

IndieTX  posted on  2009-02-04   17:14:10 ET  Reply   Trace   Private Reply  


#18. To: IndieTX, PSUSA, lodwick (#17)

4um Traitor
"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

Rotara  posted on  2009-02-04   17:18:11 ET  Reply   Trace   Private Reply  


#19. To: IndieTX (#17)

"It's a good day to die."

I must have some Klingon blood. :-)

Or Sioux :)

Click for Privacy and Preparedness filesPhotobucket

PSUSA  posted on  2009-02-04   17:26:15 ET  Reply   Trace   Private Reply  


#20. To: All (#18)

Johnny Cash: Hurt

4um Traitor
"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

Rotara  posted on  2009-02-04   17:42:38 ET  Reply   Trace   Private Reply  


#21. To: christine (#0)

If they are 500 million they must be very tiny Americans.

No place is better than Turtle Island.

Turtle  posted on  2009-02-04   19:08:39 ET  Reply   Trace   Private Reply  


TopPage UpFull ThreadPage DownBottom/Latest


[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]