Skip to main content

Jim Cramer on "Hardball"...talking about the alleged stimulus package

Jim Cramer was on "Hardball" yesterday, and was asked by Chris Matthews to talk about the stimulus package. It's pretty interesting...he hates it. Basically, he says:
  • It's not enough
  • It goes to the wrong things (crazy stuff that won't stimulate the economy)
  • There aren't enough tax cuts

I pretty much agree. I thought it was fascinating that he talked about how, at a time when we have city infrastructure crumbling all around us, Caterpillar is doing layoffs. He was noticing the total lack of logic in this, and wondering why we can't get the road and bridge work that needs to be done together with the companies and individuals that need work.

Makes sense to me.

Comments

Popular posts from this blog

Gov. Kulongoski wants to make a "green school" in Vernonia...hopefully the kids will get taught, also

Governor Ted is assembling a team to ask the feds for stimulus money to rebuild a school in Vernonia, damaged by the flooding in 2007. I think this is great - schools are a good thing to spend stimulus money on. But...then his train goes off the tracks... He wants to make the main thrust of the request that we will build a "green school"...now, I'm not opposed to doing responsible things to care for the environment, but I'm guessing doing extra stuff out of the ordinary, would make it much more expensive. With our economy the way it is, I just think that the people in charge of giving the money out are going to look at what can be done in a state, and how cost-effectively it can be done. If Oregon wants $5 million (I'm just making these numbers up) for a school to teach 1000 students, and Arizona will build a school, with the same facilities, same everything else, except they can do it for $3 million becuase it isn't a "green" school, and that m...

John McCain and George H.W. Bush...Separated at Birth?

...have you noticed the similarities (I know they're not identical) between the candidacies of John McCain and George H.W. Bush? Both men: were decorated military veterans had lost nomination fights in the past had extensiive foreign policy resumes criticized for being less interested in domestic politics criticized for being a moderate, not being conservative enough. True enough...McCain and George HW...seperated at birth.

Some interesting facts about Georgia

Always eager to educate as well as persuade, Oregon Elephant has dug up the following interesting facts about Georgia: The highest point in Georgia is Mount Shkhara (5,201 m). It is known that people inhabited Georgia from very early times. Skulls of early man have been found in the country dating back 1.7 million years. People have lived in Tbilisi since the fourth millennium BC. The name of the present-day capital, Tbilisi, is derived from the Georgian word for warm. In Greek and Roman times the western part of Georgia was called Kolkheti (Colchis); the eastern part of the country was known as Iberia. Ancient myth says that the King of Colchis (Aeetes) possessed a Golden Fleece. The story of Jason and the Argonauts is about the quest for the fleece. Early Georgian merchants sailed as far as the Indian Ocean to trade their goods and bring back spices. The Silk Road, the trade route between Europe and China , ran through Phazisi. St Nino of Cappadoccia, a relative of St George, conv...