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Pelosi says $150B economic stimulus plan needed (Read 3473 times)

Melissa

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Pelosi says $150B economic stimulus plan needed
Oct 8^th, 2008 at 4:32pm

Quote:

By COLLEEN SLEVIN, Associated Press Writer
42 minutes ago

DENVER - House Speaker Nancy Pelosi said Wednesday that a $150 billion economic stimulus plan is needed now because of the faltering economy and she may call the House into session after the election to pass it.

Pelosi told reporters that the stock market meltdown, which has caused an estimated $2 trillion loss from pension funds, was a factor in her recommendation for a second stimulus bill. The first relief plan sent out $600-$1,200 tax rebate checks to most individuals and couples this year.

The House did pass a $61 billion economic aid proposal last month before lawmakers left Capitol Hill ahead of the Nov. 4 election. But a similar plan failed to pass the Senate. President Bush had promised a veto anyway.

If Democratic nominee Barack Obama wins the White House and if Capitol Hill Democrats make gains in the elections as well, it might be easier to pass a stimulus measure over dispirited Republicans, especially if the economy remains in big trouble.

The Senate is expected to be back at work after Election Day to complete a public lands bill and perhaps deal with other matters, such as a measure to extend unemployment benefits. The House also could return to consider a stimulus plan and additional issues in a lame-duck session before the newly elected Congress takes over in January.

"We may have to go back into session before the next Congress," Pelosi said.

Pelosi said a stimulus package would create jobs by investing in public works, increasing food stamps benefits and extending unemployment insurance for the long-term jobless. She said lawmakers need to "hunker down" and look closely at the federal budget for possible savings, and reconsider whether the U.S. can afford to fight "a war without end" in Iraq.

"We have some very harsh decisions to make and some of them can't wait until January," said Pelosi, D-Calif.

"What we can't wait for is a stimulus package," Pelosi added. "We may have to go back into session before the next Congress."

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WTF????

Diseases can be our spiritual flat tires - disruptions in our lives that seem to be disasters at the time but end by redirecting our lives in a meaningful way. ~Bernie S. Siegel

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Brew Ex Member	Re: Pelosi says $150B economic stimulus plan needed Reply #1 - Oct 8^th, 2008 at 4:39pm
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Agostino Leyre CH.com Sponsor Offline "Hit like a phillips head into my brain." Posts: 3803 Madison WI USA Gender:	Re: Pelosi says $150B economic stimulus plan needed Reply #2 - Oct 8^th, 2008 at 4:44pm Quote: Oh come on, let it out.
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Racer1_NC CH.com Moderator CH.com Alumnus Offline "Well, let's go see." Posts: 4417 Lewisville, NC Gender:	Re: Pelosi says $150B economic stimulus plan needed Reply #3 - Oct 8^th, 2008 at 4:45pm If I can hold it in......anyone can.
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Redd CH.com Sponsor Offline Posts: 8457 Stevens Point USA Wisconsin Gender:	Re: Pelosi says $150B economic stimulus plan needed Reply #4 - Oct 8^th, 2008 at 4:46pm Does anyone know what the total payout was for the last plan where we all got checks? BTW here is the fromt page of todays Wausau daily Herald just because of the main story. Multimedia File Viewing and Clickable Links are available for Registered Members only!! You need to or
Back to top	« Last Edit: Oct 8^th, 2008 at 4:50pm by Redd » "The goal of life living in agreement with Nature." ~Zeno IP Logged

Melissa

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Re: Pelosi says $150B economic stimulus plan needed
Reply #5 - Oct 8^th, 2008 at 4:53pm

Redd wrote on Oct 8^th, 2008 at 4:46pm:

Does anyone know what the total payout was for the last plan where we all got checks?

BTW here is the fromt page of todays Wausau daily Herald just because of the main story.

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150 billion (bill H.R. 5140)

« Last Edit: Oct 8^th, 2008 at 4:54pm by Melissa »

Diseases can be our spiritual flat tires - disruptions in our lives that seem to be disasters at the time but end by redirecting our lives in a meaningful way. ~Bernie S. Siegel

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Brew Ex Member	Re: Pelosi says $150B economic stimulus plan needed Reply #6 - Oct 8^th, 2008 at 4:54pm Agostino Leyre wrote on Oct 8^th, 2008 at 4:44pm: Quote: Oh come on, let it out. Not a chance. I'm keeping my vow not to express my opinions on any political threads here. It only gets me in trouble.
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Melissa

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Don't give up!

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Re: Pelosi says $150B economic stimulus plan needed
Reply #7 - Oct 8^th, 2008 at 4:57pm

Quote:

Agostino Leyre wrote on Oct 8^th, 2008 at 4:44pm:

Quote:

Oh come on, let it out.

Not a chance. I'm keeping my vow not to express my opinions on any political threads here. It only gets me in trouble.

Political?? This is about us getting screwed by our very own government. I'd say that you can have an opinion that will be shared by all of us here. If not, then those who do not share it, are sheep.

Flame me if you dare sheep!!!

Diseases can be our spiritual flat tires - disruptions in our lives that seem to be disasters at the time but end by redirecting our lives in a meaningful way. ~Bernie S. Siegel

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Brew Ex Member	Re: Pelosi says $150B economic stimulus plan needed Reply #8 - Oct 8^th, 2008 at 5:01pm
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Redd

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Re: Pelosi says $150B economic stimulus plan needed
Reply #9 - Oct 8^th, 2008 at 5:13pm

Ok...

so the first one didn't spur the economy as they thought it would. What is another 150 B going to do? So I'd get another 900 bucks, and now that I have no job, that will go straight to paying the rent for 2 months in advance to tide me through. Yeah that will help the economy. Some other person will pay off their credit card bill from putting their gas purchases on it. Others still will bank it for the higher cost of heating fuel this winter.

It's just another infected bandaid idea.

"The goal of life living in agreement with Nature." ~Zeno

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Jimi CH.com Moderator CH.com Alumnus Offline Don't feed the moderators Posts: 4925 Madisonville, KY Gender:	Re: Pelosi says $150B economic stimulus plan needed Reply #10 - Oct 8^th, 2008 at 5:24pm Quote: Flame me if you dare sheep!!! BAAAAAAAAA! There you have been flamed.
Back to top	I am convinced that life is 10% what happens to me and 90% how I react to it. IP Logged

Jonny Ex Member	Re: Pelosi says $150B economic stimulus plan needed Reply #11 - Oct 8^th, 2008 at 5:27pm LMAO....Jimi!! We might as well have some fun while we are here. (Let the 15 sec advert run) Multimedia File Viewing and Clickable Links are available for Registered Members only!! You need to or
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BMoneeTheMoneeMan

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Re: Pelosi says $150B economic stimulus plan needed
Reply #12 - Oct 8^th, 2008 at 6:02pm

Quote:

Pelosi said a stimulus package would create jobs by investing in public works, increasing food stamps benefits and extending unemployment insurance for the long-term jobless.

Can anyone tell me how increasing food stamp benefits will create jobs?

I wonder if that sentence was poorly written or if she really IS that dumb.

"Fool me once, shame on, shame on you. Fool - can't get fooled again"&&&&&&Think of how stupid the average person is, and then realize half the population is stupider than that.&&&&

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Jonny Ex Member	Re: Pelosi says $150B economic stimulus plan needed Reply #13 - Oct 8^th, 2008 at 6:07pm BMoneeTheMoneeMan wrote on Oct 8^th, 2008 at 6:02pm: Can anyone tell me how increasing food stamp benefits will create jobs? Yeah, thats like saying "We must give mortgages to people on welfare and unemployment". WTF?
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Linda_Howell CH.com Moderator CH.com Alumnus Offline Do not feed the Moderators Posts: 11927 Santa Maria, Ca. Gender:	Re: Pelosi says $150B economic stimulus plan needed Reply #14 - Oct 8^th, 2008 at 6:07pm Quote: If I can hold it in......anyone can. ROTFFLMAO Bill.
Back to top	Hurt people.....hurt people. Think about it. IP Logged

Racer1_NC

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Re: Pelosi says $150B economic stimulus plan needed
Reply #15 - Oct 8^th, 2008 at 6:13pm

BMoneeTheMoneeMan wrote on Oct 8^th, 2008 at 6:02pm:

Quote:

Pelosi said a stimulus package would create jobs by investing in public works, increasing food stamps benefits and extending unemployment insurance for the long-term jobless.

Can anyone tell me how increasing food stamp benefits will create jobs?

I wonder if that sentence was poorly written or if she really IS that dumb.

I can't stand it any longer.......B$, that move will create plenty of jobs......People will have to be hired by the government to administer all the programs, plus there will be a need for more workers at the polls to handle the increase in voters showing their gratitude by voting for those responsible for this grand plan.

Any more questions?

“We see what we believe, not the other way around." — Varga

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Agostino Leyre

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into my brain."

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Re: Pelosi says $150B economic stimulus plan needed
Reply #16 - Oct 8^th, 2008 at 6:21pm

BMoneeTheMoneeMan wrote on Oct 8^th, 2008 at 6:02pm:

Quote:

Pelosi said a stimulus package would create jobs by investing in public works, increasing food stamps benefits and extending unemployment insurance for the long-term jobless.

Can anyone tell me how increasing food stamp benefits will create jobs?

I wonder if that sentence was poorly written or if she really IS that dumb.

No, she isn't that dumb. But, you can rest assured that she thinks you and I are.

Triptans cause increased number of hits and increased intensity. Learn it, believe it, live it. I use triptans as the absolute LAST RESORT when treating my CH.&&

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Jonny

Ex Member

Re: Pelosi says $150B economic stimulus plan needed
Reply #17 - Oct 8^th, 2008 at 6:24pm

Agostino Leyre wrote on Oct 8^th, 2008 at 6:21pm:

BMoneeTheMoneeMan wrote on Oct 8^th, 2008 at 6:02pm:

Quote:

Pelosi said a stimulus package would create jobs by investing in public works, increasing food stamps benefits and extending unemployment insurance for the long-term jobless.

Can anyone tell me how increasing food stamp benefits will create jobs?

I wonder if that sentence was poorly written or if she really IS that dumb.

No, she isn't that dumb. But, you can rest assured that she thinks you and I are.

BINGO!.....End game, score! Angry

....Nuff said!

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Bob P CH.com Hall of Famer Offline Shut up Bob! Posts: 4573 Clio,California Gender:	Re: Pelosi says $150B economic stimulus plan needed Reply #18 - Oct 8^th, 2008 at 6:29pm $900 is good for about 13 rounds of golf. I'm down for that!
Back to top	Mrs. Barlow, I never, and I repeat never, ever pissed in your steam iron. "SHUT UP HUB!" IP Logged

fubar

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Re: Pelosi says $150B economic stimulus plan needed
Reply #19 - Oct 8^th, 2008 at 6:45pm

Quote:

Agostino Leyre wrote on Oct 8^th, 2008 at 6:21pm:

BMoneeTheMoneeMan wrote on Oct 8^th, 2008 at 6:02pm:

Quote:

Pelosi said a stimulus package would create jobs by investing in public works, increasing food stamps benefits and extending unemployment insurance for the long-term jobless.

Can anyone tell me how increasing food stamp benefits will create jobs?

I wonder if that sentence was poorly written or if she really IS that dumb.

No, she isn't that dumb. But, you can rest assured that she thinks you and I are.

BINGO!.....End game, score! Angry

....Nuff said!

If you can see how stupid/ignorant/insane Pelosi is, she'll have to do a little more work on our educational screwal system.

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Jonny

Ex Member

Re: Pelosi says $150B economic stimulus plan needed
Reply #20 - Oct 8^th, 2008 at 7:50pm

WASHINGTON (AFP) — The Fed said that an 85-billion-dollar loan facility made available to AIG last month had been used up and that the new cash would be transferred from the New York Fed, which would take securities from AIG and inject cash in return.

"The New York Fed will borrow up to 37.8 billion dollars in investment-grade, fixed-income securities from AIG in return for cash collateral," a statement from the Federal Reserve said.

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« Last Edit: Oct 8^th, 2008 at 7:51pm by N/A »

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Redd CH.com Sponsor Offline Posts: 8457 Stevens Point USA Wisconsin Gender:	Re: Pelosi says $150B economic stimulus plan needed Reply #21 - Oct 8^th, 2008 at 8:13pm OHhhhhhhhhh no not again. No more bailouts. Let some other company come in and buy out AIG. Time to start letter writing people.
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Melissa CH.com Moderator CH.com Alumnus Offline Don't give up! Posts: 7238 Central WI, USA Gender:	Re: Pelosi says $150B economic stimulus plan needed Reply #22 - Oct 8^th, 2008 at 8:17pm Hate to say it Pegg, but I think we're beyond that already. Me thinks the monetary system is imploding and we're going to bottom out (courtesy of our congress/senate) before things start to stabilize again. Hang on, cause we're all in for an extremely bumpy ride!
Back to top	Diseases can be our spiritual flat tires - disruptions in our lives that seem to be disasters at the time but end by redirecting our lives in a meaningful way. ~Bernie S. Siegel IP Logged

Redd CH.com Sponsor Offline Posts: 8457 Stevens Point USA Wisconsin Gender:	Re: Pelosi says $150B economic stimulus plan needed Reply #23 - Oct 8^th, 2008 at 8:22pm Mel, I hear you...but it's far too late to hang on to anything but our ankles now and bite down on the ropes. Trust me there won't be enough left on the Government coffers for any lube.
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Melissa CH.com Moderator CH.com Alumnus Offline Don't give up! Posts: 7238 Central WI, USA Gender:	Re: Pelosi says $150B economic stimulus plan needed Reply #24 - Oct 8^th, 2008 at 8:37pm QUOTE: "America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards." - Claire Wolfe, 101 Things to Do 'Til the Revolution
Back to top	Diseases can be our spiritual flat tires - disruptions in our lives that seem to be disasters at the time but end by redirecting our lives in a meaningful way. ~Bernie S. Siegel IP Logged

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