Once again, Obama showed up 15 minutes late for his much awaited economic speech today about the $800 billion federal spending boondoogle. In his speech, he took a page out of the Carter textbook, sans sweater, and bemoaned the state of the economy. He painted a bleak picture and warned that if the government did not come to the rescue with hundreds of billions of dollars in stimulus, we would face "dire consequences" for years to come. It sounds like he is trying to paint as bleak a picture of the economy as he can so he can manage our expectations!

Geez, I'm glad I watch that speech live. How uplifting! In this package is the usual nonsense about spending for infrastructure, alternative energy, updating most federal buildings to improve energy efficiency, making medical records electronic, expanding broadband networks, and rebuilding schools. And of course, a $1,000 tax cut for 95% of working families, including the ones that do not pay any income taxes.For this crap we have to spend $800 billion? What, no Man on Mars program thrown in to round it up to $1 trillion?

In the speech there was NO mention of....

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