Sunday, January 31, 2010

Stimulus Funds

And Private Capital, that which was sold in raygunomics, that is supposed to grease the economy to keep it running and ever expanding is Still Not Seen, actually it's what caused the collapse, the hording of and false investments created for the wealthy!!

Stimulus funds nearly 600,000 jobs last quarter

The White House's massive stimulus plan funded 599,108 jobs in the fourth quarter, administration officials said Saturday.

The figure, based on about 160,000 reports from state, local and corporate recipients, is the second concrete look at the impact of the federal American Recovery and Reinvestment Act. These recipients have been allocated $199.4 billion in spending and received $57.9 billion....>>>>>


Oh and we should Always keep in mind the huge Tax Cuts for those same Wealthy, always and still sold as the cure for all the ailments, also sold as a Must to keep the economy growing, the pennies gotten by the masses were quickly eaten up by the fuel prices which started even before those pennies arrived and kept building!

Trumka on Bill Moyers Journal

""And let me say this to you, Bill. 'Cause I think this is an extremely important point. There are two economies in this country. There's the real economy that makes things. And there's the financial economy that was supposed to provide them with the capital to make things. And they-- this was subservient, and the real economy was supposed to be the master. Somewhere along the line, that got turned on its head. And the financial community became the master. And they actually started sucking money out of the real economy, 'cause you could get a better return passing complex instruments around, rather than making steel or autos or anything else.""....Transcript and Video

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