Comments on: President Obama’s First Evening Press Conference https://www.jerseysmarts.com/2009/02/10/president-obamas-first-evening-press-conference/ Joe Palazzolo's Blog Wed, 11 Feb 2009 15:19:32 +0000 hourly 1 https://wordpress.org/?v=6.7.2 By: Joe https://www.jerseysmarts.com/2009/02/10/president-obamas-first-evening-press-conference/comment-page-1/#comment-3010 Wed, 11 Feb 2009 15:19:32 +0000 http://www.jerseysmarts.com/?p=3007#comment-3010 Well, Martin, I think that the stimulus is going to be a disaster. Right before they passed the $700 billion bailout in the fall I wrote that it would be a bust and I was right. You don’t see banks doing more lending (which was the public intent of the bailout). You see executives getting ridiculous payouts and bonuses, taking lavish trips, and buying up other banks.

There is no possible way that our inept, inherently corrupt government can monitor the use of every dollar in this stimulus plan. I don’t care which way the politicians vote – they only vote with the will of the people. I’m more concerned about the bureaucrats who are going to be tasked with watching the flow of dollars.

]]> By: Marty Hawrysko https://www.jerseysmarts.com/2009/02/10/president-obamas-first-evening-press-conference/comment-page-1/#comment-3009 Wed, 11 Feb 2009 05:49:59 +0000 http://www.jerseysmarts.com/?p=3007#comment-3009 What are your thoughts Joe about the stimulus and the argument that it will do no good?

While I am very skeptical of this stimulus package (as I was of the bailouts this past fall), I find it alarming that Republicans are voting more for party lines than for the better of our economy (again, I’m not saying the stimulus is better for our economy, but if it were, I don’t think it would matter. Republicans are worried more about pleasing their base and the Rush Limbaugh’s and Sean Hannity’s of the world it seems).

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