In Weekly Address, President Says Stimulus Plan Needed to Avoid "National Catastrophe"

[I AM NOT THAT GUY 5,715]

February 07, 2009 9:50 AM

In his weekly presidential address, President Obama said the abysmal jobs numbers released Friday compel the Senate to pass his stimulus bill or risk a "national catastrophe."

"Yesterday began with some devastating news with regard to our economic crisis," he said, invoking "another round of alarming employment figures -– the worst in more than 30 years. Another 600,000 jobs were lost in January. We've now lost more than 3.6 million jobs since this recession began."

That said, the president said he was "pleased to say [the day] ended on a more positive note...by the evening, Democrats and Republicans came together in the Senate and responded appropriately to the urgency this moment demands."

You can watch the address HERE or listen to the audio HERE.

President Obama then warned, "if we don't move swiftly to put this plan in motion, our economic crisis could become a national catastrophe. Millions of Americans will lose their jobs, their homes, and their health care. Millions more will have to put their dreams on hold."

Mr. Obama described his opponents as offering "tired old theories that, in eight short years, doubled the national debt, threw our economy into a tailspin, and led us into this mess in the first place" and "a losing formula that offers only tax cuts as the answer to all our problems while ignoring our fundamental economic challenges..."

Then after this shot, the president offered this note of bipartisanship, saying the American people "don't expect Democratic solutions or Republican solutions -– they expect American solutions."

After outlining some of the jobs his plan will create -- he's back to saying the bill will "save or create" more than 3 million jobs over the next two years -- the president concludes by saying, "Americans across this country are struggling, and they are watching to see if we're equal to the task before us. Let's show them that we are. And let's do whatever it takes to keep the promise of America alive in our time."

In the address, the president said the bill will create "16,000 [jobs] in Maine, nearly 80,000 in Indiana –- almost all of them in the private sector, and all of them jobs that help us recover today, and prosper tomorrow."

The reference to Maine -- with its two GOP moderate senators, needed to pass the bill -- is not a coincidence.

Mention of Indiana -- where the president will visit Monday -- is an unmistakable reference to Hoosier GOP Sen. ####### Lugar, an Obama friend whom Democrats have also targeted for his vote.

http://blogs.abcnews.com/politicalpunch/20...ekly-addre.html

[Hilarious Clinton 452]

Bush fear mongering = bad

Obama fear mongering = good

Obamabots make me laugh.

[I AM NOT THAT GUY 5,715]

February 6, 2009

WASHINGTON, DC - U.S. Senator James Inhofe (R-Okla.), issued the following statement tonight after the announcement of a compromise on the Senate stimulus bill. "While I appreciate the efforts of my colleagues to bring down the price tag of this bill, the fact is we still face a trillion dollar spending bill. Making it worse, the bill is 93% spending and only 7% stimulation. Over the past few days I have fought to include more in the way of real stimulus through higher percentage of infrastructure and defense spending, while working to cut much of the typical government waste often found in a bill of this size. Yet Democrats have blocked these efforts.

"The good news tonight is that the American people are catching on to the fact that this is the largest spending bill in history and are becoming more and more vocal in their opposition. My offices in Oklahoma and Washington DC have been flooded with emails, phone calls and faxes overwhelmingly opposed to this trillion dollar legislation. They can rest assured that my vote remains an unwavering ‘no.'"

[Hilarious Clinton 452]

93% spending and only 7% stimulation

#######!!?????!!!

It's criminal.

[dalegg 143]

Mr. Obama described his opponents as offering "tired old theories that, in eight short years, doubled the national debt, threw our economy into a tailspin, and led us into this mess in the first place" and "a losing formula that offers only tax cuts as the answer to all our problems while ignoring our fundamental economic challenges..." =

Because dramatically increasing the national debt in a short amount of time is a bad thing.

[Ban Hammer 13,332]

Bush fear mongering = bad

Obama fear mongering = good

Obamabots make me laugh.