Watch more Politics 101 videos: http://www.howcast.com/videos/151881-How-To-Understand-the-Federal-Stimulus-Package Our economy's in the worst crisis since the Depression, and we need to turn things around. The government moved fast to pass the Economic Recovery and Reinvestment Plan – $787 billion of investment and tax cuts that will create 3.5 million jobs. Here are the plan's goals. Step 1: Understand the basics Break the cycle. Right now, consumers are worried about the economy. They aren’t spending, so businesses are struggling. When businesses struggle, people lose jobs. When people lose jobs, they cut their spending. It’s a vicious cycle, one that the recovery package aims to break. Step 2: Job creation Create jobs. The most important part of the package is job creation. The plan includes $150 billion to fund clean energy, technology, and infrastructure projects, which will employ millions of Americans looking for work. Step 3: Move toward a green economy Create green jobs, which put people back to work today, and make us more energy independent in the future. The projects in the package include: Modernizing the country’s electrical grid Developing wind turbines, solar panels, biofuels, and advanced vehicle battery systems Investing in clean water, flood control, and environmental restoration And increasing energy-efficiency in homes and offices. Step 4: Improve infrastructure To compete in a 21st-century economy, we also need to provide jobs that help construct a 21st-century infrastructure using 21st-century technology. The plan includes: Upgrading our crumbling roads and bridges Improving public transit and rail systems Modernizing the health-care system for long-term savings Funding biomedical, science, and engineering research And extending broadband services to underserved communities across the country. Step 5: Improve education Improve education to make America more competitive. To increase higher-education opportunities, college students will be eligible for a $2,500 tuition tax credit, $200 million will expand work-study programs, and the maximum Pell Grant – federal aid primarily for low-income students – will increase by $500. The package also provides more than $2 billion for early childhood development, and $13 billion in grants to ensure disadvantaged kids achieve high academic standards. Step 6: Unemployment benefits Help the unemployed, who are bearing the brunt of the economic crisis. Anyone who lost their job won’t have to pay income taxes on the first $2,400 of federal unemployment benefits, and government subsidies will make their health insurance more affordable. The package increases and extends unemployment benefits through 2009 and boosts food stamp benefits to offset rising food costs. Step 7: Tax relief Cut taxes and boost consumer confidence. The stimulus package includes $288 billion in tax cuts. In 2009 and 2010, President Obama’s signature 'Making Work Pay' tax cut will provide most individuals with $400 and most families with $800. Qualified retirees and disabled veterans will get a one-time $250 payment. These cuts ensure that working people pay less taxes, so they have more money to spend. Tip To help pump money into the economy over time, the 'Making Work Pay' tax credits won’t be distributed as a lump sum. Beginning in June, you’ll see an extra $13 in your weekly paycheck, and an extra $8 starting in January 2010. Step 8: Housing and auto credits Boost the housing and auto markets. To help buoy the housing market and stem foreclosures, the tax credit for first-time homebuyers will increase to $8,000. And if you purchase a new car, you can deduct the sales tax. These tax savings will translate into more people buying cars, which will help shore up the auto industry in addition to encouraging consumer spending. Step 9: Send money to states Help all 50 states. The economy can’t bounce back if states can’t balance their budgets, and if states suffer budget shortfalls, they can’t pay for essentials like public safety and other critical services, quality teachers, and school renovations. The package provides more than $50 billion for state services, plus an $87 billion increase in federal funding for Medicaid to states. Step 10: Work together Encourage optimism. We can’t expect the government to solve the financial crisis alone, or overnight. The private sector must contribute to job creation and economic growth. But the stimulus package is the first, critical step to getting our economy back on track. As President Obama said, 'We will turn this crisis into opportunity and emerge from our painful present into a brighter future.' Did You Know? You can find out more details of the stimulus plan, and even track how government money is being spent once the plan kicks
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Obama announced his action plan to revive the housing industry. The focus is to assist current home owners with there current mortgage, whether it is a refinance or loan modification. Also additional money will be used to purchase mortgage back securities to maintain mortgage rates in there current position. The plan has a deadline of March 4 but details still have not been announced.
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My other videos are much better. This was my 1st one. I know I sound horrible in this video, so no need to be mean and rude and tell me how bad I sound. That's like telling a smoker they need to quit smoking because they stink. Or telling a fat person they are fat. Or an ugly person they're ugly. They already know it without you telling them. Google this: CNBC Analyst: Global Bank, Global Currency Within 15 Years I failed to mention the details of the stimulus plan that will impact hundreds and thousands (perhaps millions?) of elderly. And the fact that this bill will REQUIRE doctors to report and electronically track your medical treatments per a federal system. The Federal Council is modeled after a U.K. board discussed in Daschle's book, "Critical: What We Can Do About the Health-Care Crisis". This board approves or rejects treatments using a formula that divides the cost of the treatment by the number of years the patient is likely to benefit. Treatments for younger patients are more often approved than treatments for diseases that affect the elderly, such as osteoporosis. Medicare now pays for treatments deemed safe and effective. The stimulus bill would change that and apply a cost- effectiveness standard set by the Federal Council (464). In 2006, a U.K. health board decreed that elderly patients with macular degeneration had to wait until they went blind in one eye before they could get a costly new drug to save the other eye. It took almost three years of public protests before the board reversed its decision. The liberals in Congress just won't stop. Now we have learned they are meeting in secret. Ultra liberals in Congress are continuing to pull strings behind the scenes to give billions of dollars in taxpayer money to ACORN. They are working overtime to shove through billions and billions of dollars in wasteful spending to long term liberal special interest projects. They are doing this all under the continued guise of the stimulus package. The price tag is still astonishing. $789 billion might be less than the Senates $838 billion, but its massively more than the $300 billion this bill originally was proposed at, and still tops a trillion dollars when interest is included. There's still $50 million for the National Endowment for the Arts, $600 million to buy cars for government workers, $88 million for ATV and bike trails and so much more waste. And, go to www.StimulusWatch.org to see the wish list of earmarks for cities and counties in your area. It will blow your mind. On January 11, Speaker Pelosi publicly pledged "no pork" when being interviewed by Wolf Blitzer. She promptly broke that pledge when it was convenient to do so. The trillion dollar stimulus bill pushed by Speaker Pelosi and passed overwhelmingly by the House has more pork spending than any bill in history! In fact, the bill (H.R.1) contains so much pork spending that Speaker Pelosi included $227 million simply for oversight of the pork barrel projects included in her stimulus bill. (Page 11 of the stimulus bill.) See some of the pork included in this bill: http://www.afa.net/pdfs/porkandpayoffs.pdf "Ruin Your Health With the Obama Stimulus Plan: Betsy McCaughey": http://www.prisonplanet.com/ruin-your-health-with-the-obama-stimulus-plan-betsy-mccaughey.html • Help us send one million e-mails to Speaker Pelosi. Tell Speaker Pelosi that you are fed up with pledges being made and broken. • Please forward this to all your friends and family and ask them to take a pledge not to vote for a member, of either party, who lies to the people: https://secure.afa.net/afa/activism/signpetition.asp?id=1810 To read the article, "It's the Economy and Illegal Immigration Stupid!" by Frosty Wooldridge go here: http://www.newswithviews.com/Wooldridge/frosty440.htm TAGS: Wall Street Stock Market Bank AIG Collapse Crash Immigration Gumballs Green Migrant Workers Mexico Obama Reserve Borrow Loans Fiasco Lotto Lottery Giveaway Hannity Imus Dutko Coulter American Family AFA OneNewsNow.com Rush Limbaugh Liberals Democrats Republicans Patriots Constitution Democratic Associated Press Billion Trillion Troubled Assets Healthcare Information and Management Systems Society HIMSS HyperInflation Bankrupt Bankruptcy Medical Medicaid
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Find LearnLiberty on Facebook: http://on.fb.me/X9qijG After the housing bubble burst, the Bush and Obama administrations turned to stimulus in an effort to "create jobs." Does such spending lead to economic improvement? Prof. Antony Davies examines the data to see how increases in federal spending relate to economic growth from 1955 to the present. The evidence shows that there is no connection between federal spending and economic improvement; instead, stimulus money only increases government debt. After three years of stimulus spending, the unemployment rate remains at 9 percent. "One thing that has changed," Davies says, "is that our government is now $4.6 trillion further in debt than it was before the stimulus efforts." Find LearnLiberty on... Twitter: http://bit.ly/RBl3Wv Facebook: http://on.fb.me/X9qijG Our Website: http://bit.ly/RBl3FH
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At a press conference in the U.S. Capitol, Senate Republicans call for a stimulus bill that will fix the housing problem at the root of our nations economic crisis, create jobs now, and allow taxpayers to keep more of their own money.
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http://usawatchdog.com/over-20-million-houses-sitting-vacant-fabian-calvo/ Fabian Calvo buys and sells $100 million worth of real estate and distressed debt a year and says, "Over 20 million houses, on any given night in America, are completely sitting vacant." According to Calvo, the economy is being helped by "shadow stimulus." It's coming from millions of underwater homeowners who have stopped making mortgage payments. Calvo also says banks are not foreclosing ". . . because the inventory has been suppressed on purpose by big players." Calvo says, "Money that would have been otherwise allocated towards a housing payment is going into consumer spending." Join Greg Hunter of USAWatchdog.com as he goes One-on-One with Fabian Calvo of The NoteHouse.us.
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We are sure you have seen the fissile of the Barack Obama Official Housing plan/program similar to the Barack Obama Federal Stimulus Plan. In this video, the kids from http://www.AAAMovingBoxes.com poke a little fun at Barack Obamas version of affordable housing plan; pointing out that the only affordable housing for foreclosure victims & kids is moving boxes/moving box kits called, The Obama Home Kit.
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FIFTH WORLD PRODUCTIONS INC "FAIR USE" Disclaimer: 17 U.S.C. Notwithstanding The Provisions Of Section 17 U.S.C. And 106 And 107 And 17 U.S.C.@ 106A U.S.C. The "FAIR USE" Of A Copyrighted Work For News Reporting, Human Rights, Science, Environment, Comments, Criticism And Educational Purposes- Non Commercial- Not For Profit.
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To better understand why Barrack Obama's stimulus plan won't create new jobs without destroying others click on the link above. Peter is a follower of the Austrian School of economics, to learn more please visit http://www.mises.org or go to Ron Paul's Campaign for Liberty http://www.campaignforliberty.com
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U.S. Senator Mel Martinez (R-FL) today spoke during Senate debate on the Economic Stimulus plan to argue housing assistance, specifically in the area of foreclosure prevention, should be part of the overall package. Senator Martinez introduced an amendment to provide private mortgage companies incentives to help troubled homeowners rework their loans. The senator also supports adding tax breaks for would-be homebuyers to spark a reduction in housing inventory.
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As the Obama Administration plans to implement their recently signed $787 billion rescue plan, one of the areas they will immediately be forced to confront is the ongoing housing crisis. The stimulus gives the Department of Housing and Urban Development $13.6 billion to address the needs of low-income families across the country. Experts say it's a good start, but new HUD Secretary Shaun Donovan is facing an enormous task, as he attempts to overhaul an agency that is facing years of neglect and mounting debt.
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The American Recovery and Reinvestment Act of 2009 (ARRA) (Pub.L. 111--5), commonly referred to as the Stimulus or The Recovery Act, was an economic stimulus package enacted by the 111th United States Congress in February 2009 and signed into law on February 17, 2009, by President Barack Obama. To respond to the Great Recession, the primary objective for ARRA was to save and create jobs almost immediately. Secondary objectives were to provide temporary relief programs for those most impacted by the recession and invest in infrastructure, education, health, and renewable energy. The approximate cost of the economic stimulus package was estimated to be $787 billion at the time of passage, later revised to $831 billion between 2009 and 2019. The Act included direct spending in infrastructure, education, health, and energy, federal tax incentives, and expansion of unemployment benefits and other social welfare provisions. The rationale for ARRA was from Keynesian macroeconomic theory, which argues that, during recessions, the government should offset the decrease in private spending with an increase in public spending in order to save jobs and stop further economic deterioration. Shortly after the law was passed, however, Keynesian economist and Nobel laureate Paul Krugman while supportive of the law, criticized the law for being too weak because it did not "even cover one third of the (spending) gap". Economists such as Martin Feldstein, Daron Acemoğlu, National Economic Council director Larry Summers, and Nobel Memorial Prize in Economic Sciences winners Joseph Stiglitz and Paul Krugman favored large economic stimulus to counter the economic downturn. While in favor of a stimulus package, Feldstein expressed concern over the act as written, saying it needed revision to address consumer spending and unemployment more directly. Just after the bill was enacted, Krugman wrote that the stimulus was too small to deal with the problem, adding, "And it's widely believed that political considerations led to a plan that was weaker and contains more tax cuts than it should have — that Mr. Obama compromised in advance in the hope of gaining broad bipartisan support." Conservative economist John Lott was more critical of the government spending. On January 28, 2009, a full-page advertisement with the names of approximately 200 economists who were against Obama's plan appeared in The New York Times and The Wall Street Journal. The economists denied the quoted statement by President Obama that there was "no disagreement that we need action by our government, a recovery plan that will help to jumpstart the economy". Instead, the signers believed that "to improve the economy, policymakers should focus on reforms that remove impediments to work, saving, investment and production. Lower tax rates and a reduction in the burden of government are the best ways of using fiscal policy to boost growth." The funding for this advertisement came from the Cato Institute. On February 8, 2009, a letter to Congress signed by about 200 economists in favor of the stimulus, written by the Center for American Progress Action Fund, said that Obama's plan "proposes important investments that can start to overcome the nation's damaging loss of jobs", and would "put the United States back onto a sustainable long-term-growth path". This letter was signed by Nobel Memorial laureates Kenneth Arrow, Lawrence R. Klein, Eric Maskin, Daniel McFadden, Paul Samuelson and Robert Solow. The New York Times published projections from IHS Global Insight, Moody's.com, Economy.com and Macroeconomic Advisers that indicated that the economy may have been worse without the ARRA. http://en.wikipedia.org/wiki/Stimulus_Bill_of_2009 Image by Jürgen from Sandesneben, Germany (Flickr) [CC-BY-2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons
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http://www.poochtips.com In answer to Rich Santelli rant about current economic crisis and the Obama stimulus package and plan. This is not a political rant like the one by representative Boehner, but instead questions that must be asked concerning foreclosures, mortgages, and the housing crisis started by Fannie Mae and Freddie Mac. Obama stimulus do too little and too much for the wrong people.
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U.S. President Barack Obama on Thursday spoke to state representatives about how to spend their portion of the 787 billion dollar stimulus plan. Many Americans hope the money trickles down to their communities to create jobs and ease financial stress. VOA's Carolyn Presutti shows us the strain in the low income housing market in Washington DC.
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More government interference is not going to solve the problem. The best economic stimulus is a job.
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12-23-2009 - Jim Cramer and Pete Morici explain why the stimulus plan wont create many jobs and why Obama's Mortgage Plan takes the wrong apporach and wont help the housing market. Essentially Rick Santelli is right that the plan needs to help all Americans not just constituent groups who got subprimes or borrowers who got caught while trying to "flip" houses. Jim Cramer is one of the people who was talking about this crisis pretty far in advance.
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CNBC's Trish Regan unpacks what the economic stimulus bill, signed into law yesterday, means for real estate and related industries. The bill includes a tax credit for first-time home buyers and will create jobs weatherizing homes and in construction. For more information please click on the link provided: http://www.msnbc.msn.com/id/22425001/vp/29233852#29233852
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In this dream the Atlanta Housing Market consisted of Apartments and the Shortage was so sever that people were living outside of apartments on the street waiting to be next in line for the next vacancy. The Planned destruction of the US economy began with the US rejecting The God of the Bible; and was facilitated by Barak Obama the Antichrist back in Feb. 2009 with the American Recovery and Reinvestment Act of 2009 (ARRA) The so-called "Stimulus Bill" Dream: Trump Won't Save You / Fleeing the US- Walking In Love https://youtu.be/E-8Vp2j5L9w EUGENICS/AGENDA 21 DREAM: They wanted 5% of Us left for SLAVES https://youtu.be/eJrKiLTU648 China is Coming For Their Money Babylon https://youtu.be/WwtBy2WRABk Dream: Economic Collapse/ Fiat Money/ The Federal Reserve Note Created to Enslave People https://youtu.be/vTrFbTmQ_As
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Is the stimulus large enough to offset the demand shock caused by the contraction in credit? Will it lead to inflation? Created by Sal Khan. Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/core-finance/inflation-tutorial/deflation-tutorial/v/deflation?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Missed the previous lesson? Watch here: https://www.khanacademy.org/economics-finance-domain/core-finance/inflation-tutorial/cap-util-inflation/v/inflation-deflation-capacity-utilization-2?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Finance and capital markets on Khan Academy: This tutorial starts with a very "micro" view of when firms decide to raise (or lower prices). It then jumps back to the macro view to discuss how capacity utilization can impact prices. About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy’s Finance and Capital Markets channel: https://www.youtube.com/channel/UCQ1Rt02HirUvBK2D2-ZO_2g?sub_confirmation=1 Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
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Masterplan – In May 2014 we launched a new City Masterplan – the first for nearly 40 years - after the central bureaucrats thought there was no need for one at all. When I travelled to Japan last year I signed a deal to introduce a New Mass Transit System for Nairobi and the surrounding counties ( In July Treasury accepted its implementation to the tune of Kes 400M). Construction will begin in earnest 2016. The Nairobi Integrated Urban (Niuplan) Development Master Plan-a guiding city development framework-seeks to integrate sustainability into development in the city by 2030. The plan was developed with technical support from the Japanese government through JICA. Water provision – The County government in its 2015/2016 budget has set aside Kes 30 milion for the expansion of water provision and sewerage services in all informal settlements. In June this year the NCCG launched 45 water dispensers in Mashimoni village, Mathare Sub-County. These water ATM machines have now edged out vendors who have for long exploited the residents by selling water for Sh30 per 20-litre container. Mathare residents will now be able to access clean and affordable water for as low as 50 cents. There will be no limit to the amount of cash that one can top up, allowing many to make monthly or weekly budgets by simply swiping smart cards at the ATM dispensers and only paying for the amount of water required. This program will drastically lead to a reduction in cases of cholera as well as completely eradicate illnesses caused by drinking dirty water. More ATM’s are set for launch in the coming months. Roads and street lighting - In February this year, the Ministry of Transport and Nairobi City County government introduced a series of short-term emergency measures to redirect the flow of traffic on Nairobi’s key roads by removing right-turns on selected roundabouts in the city centre. The roundabouts on Mombasa Road and Uhuru Highway will soon be fully signalized with intersections that will unblock a vital artery to our city and drastically decongest the city. In Environment – The county introduced Franchising to ensure standards of cleanliness are uniform across all zones. Though the NCCG experienced a hitch when a section of disgruntled operators went to court with some residents even refusing to support the program and instead opted to pay Private Service provider (PSP) instead of the Franchisees. In health – Ksh8 billion, representing 27% of our annual budget of Ksh31 billion, has been allocated to the health sector. This is geared towards laying a strong foundation to ensure that Nairobi residents have a wide choice in as far as health facilities are concerned; Drugs is now supplied on a regular basis in all the county health facilities as well as free treatment. In September this year Nairobi City County handed over appointment letters to 226 health sector workers. This is part of my election manifesto on the provision of better health care through review of the availability, distribution and staffing of health facilities. This adds to the 211 health workers recently appointed under the Economic Stimulus Program (ESP) bringing the total to 437 appointments in less than 6 months by NCCG. The first time this has happened since 1998. ICT Infrastructure – Nairobi City County government launched Kenya’s first County Government electronic payment system “eJijipay” in June 2014. This system has brought about efficiency and convenience in the County revenue collection process. The e-payment solution, developed by Kenyan tech firm Jambopay, allows land owners, matatu owners, market vendors, and business owners make payments to the County Government using their mobile phones, or with debit cards at selected banks and at independent agent stalls spread across the metropolis. Urban renewal and regeneration of old houses – The Masterplan will bring with it urban development and redevelopment of old housing estates within the Nairobi City County. The NCCG recently placed a tender in the local dailies for the development of 100,000 new housing units and renovation of existing homes. The new housing units will house approximately 650,000 residents, with the plan to renovate the existing homes currently on existing estates Currently, the county government collects rent from 14,000 housing units (developed in these areas through a joint venture approach)— some dilapidated. The more than 3B USD project is slated to be bigger than the Standard Gauge Railway (SGR) and is set to give Nairobi a major face-lift. Street lighting – On security; reported crime levels have dropped from 1,200 incidences per month to 300 incidences per month is also top of mind as we embark on making Nairobi City a 24 hour economy; We have commenced the rehabilitation of street lights in the whole of Nairobi City to the tune of KSh953 million. This plan is facing challenges following continued vandalism.
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Is the worst behind us? Will the stimulus package help? http://www.bigthink.com/user/harry-reid Question: Is the worst behind us? Harry Reid: I met with some home builders yesterday from Nevada and around the country. I said, "Is the bottom in the housing market yet?" They said, "No." We still have a ways to go. The housing market has not reached bottom. That's not good. We know that the financial markets are still in turmoil. They've stabilized a little bit and that's good. Maybe the rebates that we've given will help a little bit. But we have a lot more to do. We have to do something with the housing industry so we don't have these kinds of problems in the future. I think that we have to recognize that we need a job creating society. I think that one thing that's out there that should be done and could be done if we had the support of the president is move to alternative energy, renewables--sun, wind, geothermal. We would create millions of new jobs. Not only that, may have an environment that's cleaner and more pure. Question: Is the worst behind us? Harry Reid: I met with some home builders yesterday from Nevada and around the country. I said, "Is the bottom in the housing market yet?" They said, "No." We still have a ways to go. The housing market has not reached bottom. That's not good. We know that the financial markets are still in turmoil. They've stabilized a little bit and that's good. Maybe the rebates that we've given will help a little bit. But we have a lot more to do. We have to do something with the housing industry so we don't have these kinds of problems in the future. I think that we have to recognize that we need a job creating society. I think that one thing that's out there that should be done and could be done if we had the support of the president is move to alternative energy, renewables--sun, wind, geothermal. We would create millions of new jobs. Not only that, may have an environment that's cleaner and more pure.
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http://michellemalkin.com/2009/01/22/robert-reich-keep-stimulus-money-away-from-skilled-workers-and-white-male-contractors/ Robert Reich: Keep stimulus money away from skilled workers and white male construction workers REICH: I am concerned, as Im sure many of you are, that these jobs not simply go to high-skilled people who are already professionals or to white male construction workersI have nothing against white male construction workers, Im just saying there are other people who have needs as well. Yes, God forbid the jobs go to people with track records and experience. God forbid we judge stimulus recipients on the content of their resumes as opposed to the color of their skin. There are other people who have needs as well. Spoken like a true-blue wealth redistributor. The needs (read: demands) of politically protected minorities trump the need for competently build roads and bridges. Rep. Charlie Rangel then chimes in to kvetch about how governors need to be forced to comply with formulas that earmark the stimulus money based on color-coded needs. Obama adviser: White males need not apply Robert Reich tells House panel stimulus package should emphasize 'social return' over worker skill http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=86827 Robert Reich, who served as labor secretary under President Clinton, was speaking to the House Steering and Policy Committee Jan. 7 about funding infrastructure projects across the nation. "It seems to me that infrastructure spending is a very important and good way of stimulating the economy. The challenge will be to do it quickly, to find projects that can be done that will have a high social return, that also can be done with the greatest speed possible," Reich said. "I am concerned, as I'm sure many of you are, that these jobs not simply go to high skilled people who are already professionals or to white male construction workers," he said.
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Matt Garrison of the Matt Garrison Group on Bloomberg TV. www.mattgarrisongroup.com
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David Crowe, senior staff vice president of the National Association of Homebuilders, Mark Zandi, chief economist at Moody's Economy.com and CNBC's Diana Olick discussed home purchase stimulus options on CNBC yesterday, in the wake of new data about the drop in home prices and new home starts in 2008. David Crowe argues that a temporary tax credit for home purchases will help to stimulate the housing market. For more information please click on the link: http://www.cnbc.com/id/15840232?video=1009314634
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Complete video at: http://fora.tv/2009/06/29/Thomas_Sowell_The_Housing_Boom_and_Bust Thomas Sowell, senior Hoover fellow and author of The Housing Boom and Bust, cites Congressman Barney Frank, former President George W. Bush, and Alan Greenspan as major players in the housing crisis. Sowell calls Congressman Frank the worst actor of the three. ----- Thomas Sowell analyzes the recent housing boom and bust, beginning with the underlying economic causes that artificially inflated housing costs in certain markets. He points the finger directly at political decisions in Washington -- particularly involving Fannie Mae and Freddie Mac -- that enabled and promoted the financing of an unsustainable housing bubble in which the collapse of prices in a few inflated markets rapidly evolved into a national crisis. Sowell challenges the accepted wisdom of modeling a recovery based on the New Deal, which he asserts did little to help -- and perhaps even extended -- The Great Depression. Finally, he disputes the value of the recent stimulus package and argues against Obama's health-care and energy initiatives. - Hoover Institution Thomas Sowell is an American economist, political writer, and commentator. He is currently a senior fellow of the Hoover Institution at Stanford University. In 1990, he won the Francis Boyer Award, presented by the American Enterprise Institute. In 2002 he was awarded the National Humanities Medal for prolific scholarship melding history, economics, and political science. Peter M. Robinson is a research fellow at the Hoover Institution, where he writes about business and politics, edits Hoover's quarterly journal, the Hoover Digest, and hosts Hoover's television program, Uncommon Knowledge.
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Get Your Gold IRA Started Today https://noblegoldinvestments.com Call (877) 646 - 5347 Learn How To Use Crypto Currencies Join The Crypto School Watch Crypto Traders Trade https://www.wut.live X22 Report Is An Affiliate Of The Crypto School w/ Remain Calm LLC Check Out The X22 Report Spotlight YouTube Channel – https://www.youtube.com/channel/UC1rnp-CySclyhxyjA4f14WQ Join the X22 Report On Steemit: https://steemit.com/@x22report Get economic collapse news throughout the day visit http://x22report.com Report date: 11.12.2018 The housing market has hit the top, prices are starting to fall around the country, this was a slow process that many did not see happening, as soon as the Fed raised rates the housing markets started to implode and it is now accelerating. The central banks around the world are panicking, the ECB is stuck an cannot do what the Fed is doing, most likely the ECB will resort to stimulus while the Fed brings down the house. This is the plan to control the narrative, have the central banks panic and expose them. All source links to the report can be found on the x22report.com site. Most of artwork that are included with these videos have been created by X22 Report and they are used as a representation of the subject matter. The representative artwork included with these videos shall not be construed as the actual events that are taking place. Intro Video Music: YouTube Free Music: Cataclysmic Molten Core by Jingle Punks Intro Music: YouTube Free Music: Warrior Strife by Jingle Punks Fair Use Notice: This video contains some copyrighted material whose use has not been authorized by the copyright owners. We believe that this not-for-profit, educational, and/or criticism or commentary use on the Web constitutes a fair use of the copyrighted material (as provided for in section 107 of the US Copyright Law. If you wish to use this copyrighted material for purposes that go beyond fair use, you must obtain permission from the copyright owner. Fair Use notwithstanding we will immediately comply with any copyright owner who wants their material removed or modified, wants us to link to their web site, or wants us to add their photo. The X22 Report is "one man's opinion". Anything that is said on the report is either opinion, criticism, information or commentary, If making any type of investment or legal decision it would be wise to contact or consult a professional before making that decision. Use the information found in these videos as a starting point for conducting your own research and conduct your own due diligence before making any significant investing decisions.
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http://www.harpprogram.net Resources and information about the Harp Program (Harp 2.0) and HOW the government could help you to get a Harp loan refinance. What Is A HARP Loan And Who Could Get A Harp Refinance? HARP is commonly referred to as the Home Affordable Refinance Program. In an effort to help stabilize the housing market, the federal government developed this program to help homeowners who either did not have enough equity for a traditional refinance or who were having problems making the monthly payments on their current mortgages. Who is the HARP program of 2012 designed for? Maybe you've gotten laid off, drained your savings account to make your mortgage payments, and now don't have any dime left to make further payments. Maybe you've had to take furlough days, a pay cut, and pay more in health insurance benefits and you simply don't have the income you used to have. In order to qualify for the Harp Program, you've got to own a mortgage that is held by one of the two government guarantors and you've got to have a lender that participates in the HARP program itself. Other than that, the government refinance program qualifications involve making regular payments on your mortgage for a consistent period of time, have the inability to qualify for a traditional refinancing package through other major lenders, and have your mortgage be underwater. Are you able to qualify for the Obama HARP program of 2012? If you think that you might qualify for the HARP program of 2012, then be sure to apply as soon as you can. Some lenders have limited positions available in this program, so be sure to get your application in ASAP. Your underwater home doesn't have to put your entire financial picture underwater as well. Apply today for HARP 2.0 and see just how much money you could save with a lower interest rate today! http://goo.gl/I3p0C search terms: Harp program, home affordable refinance program,harp 2.0 changes,harp loan,harp refinance,underwater mortgage refinance,mortgage refinance,Obama refinance..
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CNNMoney.com and Us News & World Report analysts review the housing bill signed by President Bush. More info at: sccrealestateuncensored.com/2008/hr3221-housing-economic-recovery-act/ micasamidinero.com/2008/hr3221-housing-economic-recovery-act/
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Former Financial Services Authority chairman Lord Adair Turner talks to Emily Maitlis about the Government's right to buy scheme
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A look at the possibility that U.S. home values are not in housing bubble territory and that more price growth is on store for the American housing market. Topics include bank bailouts, mortgage lending standards, fed stimulus, jobs, real estate investors, interest rates, and much more. U.S. adds 200,000 jobs: https://goo.gl/w152jr U.S. Retail closures: https://goo.gl/au1wSQ Trump tax benefits banks: https://goo.gl/9bnCNu Disclaimer: The news, views, opinions, and statements made on this channel are for informational purposes only and are not meant in any way as investment advice. We recommend that you use your own judgement, do your own research, and make responsible financial decisions based on your personal and financial situation and goals.
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