-pp had a WH rose garden speech this AM. It was about funding of his "American Jobs Bill. It was scheduled for 10:30, started 26 min. and lasted 11:16 or ~20min.
-It was a campaign speech with no really new ideas, other than speaking about the "Buffett Rule" which is a crock. Everyone earning 250K/year (family) or $200,000(individual) must pay their fair share. Same line since algore in Yr. 2000 campaign.
He used this "bill must be signed right away" sparingly. DJIA was down >200 pts, NADSAQ > 23 and S&P >22, 10 minutes into his speech. Trend stayed that way after the speech and probably attributable to the EU financial mess, we want to emulate.
_Later Earl's boy declared the speech-class warfare, investment killing and lack any significant spending if any at all.
=Earl's boy was favorable in pp moving the fair trade issues through, but those were on his desk since he walked in in 01.20.2009. More infrastructure, nothing was said about shovel-ready project as in the original stimulus bill...
Speaking of infrastructure, pp to be in the Tri-State area later this week to look at the aging/overburdened Brent Spench Bridge (I71/I75) across the Ohio R. Just so happens, it in the back yard so to speak, to Earl's Boy and minority GOP senate leader Mitch McC.
Monday, September 19, 2011
Subscribe to:
Post Comments (Atom)

No comments:
Post a Comment