AMERICAN JOBS ACT EVALUATION

I spent the weekend going over the President's "American Jobs Act" (which he is spending tax-payer money to go out and campaign for). There was so little for actual private sector jobs it was disturbing.


But even more disturbing, most of it applies to the Commonwealth of Northern Mariana Islands, The Republic of Palau, Guam, American Samoa, Virgin Islands and Puerto Rico (page 26, 40, and others).  In one section it says Treasury will pay to each of these, amounts estimated by Treasury to be equal to the credit that would have been applied by this section (page 12) (because they don't actually otherwise qualify for the credit proposed?)....are you believing this?  But wait....


The main thrust of this bill is that it creates two new "Government Corporations" (now we have the government creating corporations instead of just departments); both will be charged will collecting fees to support their operations:


Establishment of the AIFA - American Infrastructure Financing Authority "established as a wholly owned Government Corporation".  Referred to then after as "The Bank" (pages 36-57). Establishment of The Public Safety Broadband Network Corporation (pages 62-91). Both have a Board of Directors, Chairperson, CEO, and all kinds of high-ranking positions required.

The Public Safety Broadband Network:  The bill says it is amending the Communications Act of 1934.  It may pay a licensee a portion of the proceeds to relocate to an alternate frequency...will provide funds to cover reasonable costs of relocating...will use auction and use competitive bidding to assign any license for domestic satellite communications, tv, and radio.  The commission may use an alternate approach to assignment of such licenses for the "public interest, convenience or necessity" (page 70).  Look out freedom of speech!

He threw the private sector a crumb by giving them a Payroll Tax Holiday for the calendar year of 2012 which says the government will take money from the general fund to make up the reduction in revenues for social security.  Are you believing this???

I found one good thing in the bill:  the extension of the 100% bonus depreciation for certain business assets.

The details:


Page 5 - if any provision of this Act is held invalid, the remainder shall not be affected (surely to be court challenges for taking over tv, wireless networks .ie. mobile phones, radio).


Page 6 - Payroll Tax Holiday for calendar year 2012 - the government will take money from the general fund to make up the reduction in revenues for social security.


Page 6 - All wages for paid laborers must be determined approved by the Secretary of Labor.


Page 6 - After January 1, 2013 there will be a 28% limitation on deductions for married making $250,000 or single making $200,000 (includes charitable deductions).


Page 6 - Prohibits discrimination in employment on the basis of an individual status as unemployed.  (Can you say lawsuits against businesses!)


This bill pays for "Teacher Stabilization" (page 13-17) to rehire teachers that have been layed off, 25 billion for infrastructure rebuilding to public schools to make them "Green" (page 18-26), 5 billion for "surface transportation infrastructure" on all work designated by the Secretary as having high unemployment (page 35), 4 billion for high speed rail grants, 105 million for Puerto Rico Highway Program, 2 billion in grants for Amtrak, and "Project Rebuild" gets 15 billion for "purchase and rehabilitation of properties that have been abandoned" (page 58-62).

UPDATE ON OBAMA'S SNITCH-SITE ATTACKWATCH

In my previous post I discussed the white house campaign to have us forward emails, etc. unfavorable to Obama at their new website Attackwatch.com.  You can also "tweet" tips @ #attackwatch.

I went on twitter and looked at some of the "tweets"...this is REALLY backfiring on them.  Tweets are going like this...

The only thing 'Cash For Clunkers' did was get all the Obama bumper stickers off the roads.

Hitler asked his citizens to snitch on each other too attackwatch, so did Lenin and Stalin.

If you love me you have to help me pass this bill, we the people love the USA not Obama attackwatch.

Please look into the fact that Obama got all D's and F's in college.  Please release the transcripts to prove this is not true.

Timex at Attackwatch takes a lickin but keeps on snitching.

The ironic thing is attackwatch has only given conservatives one more thing to point to as evidence of Obama's Marxist totalitarian mindset.

Hey #attackwatch, I saw 6 ATM's in an alley, killing a job. It looked like a hate crime!

Thought this was a joke, so I decided to check it out...see it pretty much is...

If only the Obama administration could create an atmosphere where jobs materialized as quickly as attackwatch jokes!

OBAMA WANTS YOU TO FORWARD E-MAILS OPPOSING HIM

Remember during the health care debate the White House asked citizens to forward e-mails to them that disagreed with or were giving misleading information about his health care bill (they used the word "fishy e-mails").  Well they quickly removed the website plea probably due to public outrage if I had to guess. 

Well they're at it again!   A website has been set-up for people to forward information that attacks Obama and his policies 'so they can get the facts and fight the smears'.

An online form requests the content of the attack on Obama; you can upload the email, file, link on the web or just type in what you heard.  The form wants to know if you heard it on a Forwarded E-mail, Website/Blog, Rumor, TV Interview, Public Statement, TV Ad, Radio Ad, or Robocall!!!

This should outrage everyone!!!  How do you like this hope and change?  Link below:

http://www.attackwatch.com/

AMERICAN JOBS ACT EQUALS STIMULOUS 2

Republicans listening to Obama unveiling his new job plan September 8, 2011.
Obama's latest job scheme which should be named Stimulous 2, but which they cleverly named "American Jobs Act" was finally delivered to the American people in a deceptive politically-charged speech 5 days ago (September 8, 2011). Although he says he has had this plan since July and announced he would unveil his plan in a speech after his August vacation and the Labor Day holiday, today, September 12 he says he will finally deliver "a bill" to Congress tonight.

Today in another politically-charged speech in the White House Rose Garden mid-morning (while most of us are working) he said 'it must be passed immediately.'  He said in today's speech he heard a Republican say 'I don't know why we would want to cooperate with Obama now it's not very good for our politics'."  Does anyone believe that he heard that?  First of all, he said that he didn't hear all the offensive things Reverend Wright said in his church.  He said he didn't hear all the offensive things the Teamsters President James Hoffa said before announcing him at a rally of union members this past Labor Day. Secondly, it is just not the way people talk.

Who doesn't want to help create jobs in the country except him with his policies.  He is incapable of doing things to make the economy work simply because of his ideology. Stimulous 1 which passed without a single Republican vote was a complete failure which he admits, but his pundits and administration appointees keep saying it was a success.  How stupid do these people think we are?  He has spent money on "cash for clunkers" which brought automotive sales to complete halt after the program ended and a shortage in used cars that has driven up the prices of buying a used car for the middle class.  He gave tax credits to people for buying new energy efficient appliances and the market for those items collapsed also after the end of the program  (I didn't get one - didn't have the money for the appliance which we need).  He and his democrats passed ObamaCare without a single Republican vote - now all our insurance premiums have risen...we could go on and on about this one but anyone who reads my posts knows how I feel about ObamaCare from earlier posts.  All of this at the expense of us hard working tax payers.  He and his democrat-controlled congress passed Dodd-Frank financial reform which was a smoke screen to make it look like they were doing something about the mortgage crisis, which has caused banks to shed 60,000 jobs so far this year.  It did nothing to address the root cause of the mortgage crisis - government mandating banks to make sub-prime loans to people that couldn't afford it (another democrat mandate).  He put a moratorium on oil drilling and imposed new regulations which sent those jobs overseas; gave Brazil 2 billion to drill sending those jobs overseas; promoted the collapse of middle-east oil producing country dictators including involving us in a third war in Lybia.  Now we have gasoline up over 100% since he took office - it was approximately $1.70 when he took office. Business is scared to hire and spend money.

He added today, in his Rose Garden speech, that "this is not the time for politics"; "these are not games we're playing...the American people need jobs". Yes we do Mr. President, but you seem to be the one playing games and the politics of optics like you are doing something with a another stimulous rename policy.  Your pundits were out there today saying "Republicans ran on a platform to create jobs."  No, they ran on a platform to stop this insane spending and stop Obama policies which are killing jobs.  They have watched what your hope and change has done to this country and they know jobs can't really be created until you are out of office when your policies can be overturned.  See you on the campaign trail again tomorrow trashing Republicans for not passing "your plan" when they won't even get it until "tonight."  You already started this morning saying "almost all independent economists agree that this plan will create....blah, blah, blah"  There is no bill yet!  How stupid do you think we are?  So proceed with your blame game before you give the Republican Congress a bill you can blame on them for not passing.  We figured you out now.  This IS NOT THE TIME FOR POLITICS;  it's the time for adult leadership to really solve this problem.  Reagan (once a democrat) had to clean up after Carter's 1-term experiment/disaster for our country.  Perhaps our only hope for change now is that you will be voted out next November and this experiment will come to an end.