Obama Adviser Orszag: Stimulus Plan is 'Totally Impractical' & Obama Vows to Stamp Out “Terrorist Extremism” & Obama: ''Climate change a matter of national security''

[Mrs. Sharon B. Hodge]

Obama Adviser Orszag: Stimulus Plan is 'Totally Impractical'

This one is going to leave a welt.
When Barack Obama's pick for budget chief, Peter Orszag, ran the Congressional Budget Office, here is what it had to say about a stimulus plan almost exactly like the one Obama is now proposing:



"Practically speaking, however, public works involve long start-up lags. Large-scale construction projects of any type require years of planning and preparation. E More..ven those that are "on the shelf" generally cannot be undertaken quickly enough to provide timely stimulus to the economy. For major infrastructure projects supported by the federal government, such as highway construction and activities of the Army Corps of Engineers, initial outlays usually total less than 25 percent of the funding provided in a given year. For large projects, the initial rate of spending can be significantly lower than 25 percent.


Some of the candidates for public works, such as grant-funded initiatives to develop alternative energy sources, are totally impractical for countercyclical policy, regardless of whatever other merits they may have. In general, many if not most of these projects could end up making the economic situation worse because they would stimulate the economy at the time that expansion was already well under way.
"





Obama Vows to Stamp Out “Terrorist Extremism”

Indian Express
December 10, 2008

Chicago: US President-elect Barack Obama says that he plans to send a strong message to the world on how his incoming administration will be ‘unyielding in stamping out the terrorist extremism we saw in Mumbai.
’


“The message I want to send is that we will be unyielding in stamping out the terrorist extremism we saw in Mumbai,” Obama said in an interview to ‘Chicago Tribune’.


Stating that he had an ‘unique’ chance to recalibrate America’s ties with the rest of the world, Obama, who will be sworn-in on January 20 as the 44th US President, says that he would travel to the capital of an Islamic nation to make a ‘major speech’.


Obama, 47, who would be the first black-American President in US history, said he plans to give a major address in an Islamic capital as part of his global outreach. He did not identify the country or the city.


“The country must take advantage of a unique chance to recalibrate relations around the globe, through a new diplomacy that emphasises inclusiveness and tolerance as well as an unflinching stand against terrorism,” he said.

http://www. infowars. com/?p=6441



Obama: ''Climate change a matter of national security''...lol.


Apparently Obama didn't get the message from the 30,000 (thirty thousand)scientists trying to sue fat boy Al Gore for fraud? Wonder what else he's missing?

http://www. videosift. com/video/Weather-Channel-30000-scientists-s...

Oh well, the next four years are going to be FUN...unless you're poor, then you're pretty much just a mess. But that won't last either. When depopulation gets into full swing, then all of your problems will be solved. Dead people have no more problems.


Obama says climate change a matter of national security
Tue Dec 9, 2008 9 More..:01pm EST


By Steve Holland

CHICAGO (Reuters) - President-elect Barack Obama said on Tuesday attacking global climate change is a "matter of urgency" that will create jobs as he got advice from Al Gore, who won a Nobel Peace Prize for his work on the issue.


In remarks to reporters, Obama made clear he would adopt an aggressive approach to global warming when he takes over the White House on January 20.


He and Vice President-elect Joe Biden met for nearly two hours with former Vice President Gore at Obama's presidential transition office in Chicago.


"All three of us are in agreement that the time for delay is over, the time for denial is over," Obama said.


Obama hopes addressing climate change can create the kind of jobs that will help pull the U.S. economy out of a deepening recession. He has begun to lay out plans for a massive recovery program to help stimulate the U.S. economy and create about 2.5 million jobs.


He said he would work with Democrats and Republicans, businesses, consumers and others with a stake in the issue to try to reach a consensus on a bold, aggressive approach to tackling the problem.


"This is a matter of urgency and of national security and it has to be dealt with in a serious way. That's what I intend my administration to do," Obama said.


Obama had a willing partner in Gore, who won a Nobel in 2007 for his years-long effort to educate people about the gradual warming of the planet and to argue against those scientists who believe a warming trend is a naturally occurring event.


There was no talk of offering Gore a job in the Obama administration. Gore has indicated he is not interested in a position of climate "czar" or any Cabinet post.


Just two days after Obama won the November 4 election, Gore's Alliance for Climate Protection rolled out a media campaign to push for immediate investments in energy efficiency, renewable power generation like wind and solar technology and the creation of a unified national power grid.


Gore and his group are in line with most U.S. environmental groups, which believe the Obama administration has a chance to stem global warming.


Critics have accused the outgoing Bush administration of stalling on the issue, but the White House insists it is taking steps aimed at addressing the problem without damaging the U.S. economy.


"We have the opportunity now to create jobs all across this country, in all 50 states, to re-power America, to redesign how we use energy, to think about how we are increasing efficiency, to make our economy stronger, make us more safe, reduce our dependence on foreign oil and make us competitive for decades to come, even as we're saving the planet," Obama said.


(Additional reporting by Deborah Charles, editing by David Alexander and David Wiessler)