OBAMA Urges Congress to 'Get on Board' With More SPENDING

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Obama Urges Congress to 'Get on Board' With More Infrastructure Spending

Published September 05, 2011

| FoxNews.com



President Obama called for Congress to "get on board" with more infrastructure spending and a new round of middle-class tax cuts Monday, as he delivered a campaign-style speech that served as a warm-up to a vital jobs address later this week.

Interrupted repeatedly by chants of "four more years," the president marked Labor Day in Detroit at a rally with the nation's top labor leaders. He used the address to underscore his alliance with the labor movement -- at a time when cracks are starting to show -- and preview some of the proposals he'll outline during a speech Thursday before a joint session of Congress.

Obama effectively dared Republicans to oppose what he described as the "new way forward" for America. He said the upcoming session would reveal whether there are "straight-shooters" in Congress and whether Republicans will put "country before party."

"Show us what you got," he said, in a message aimed at GOP lawmakers. "No more manufactured crises, no more games."

The president said he didn't want to spill all the details of his upcoming address, but highlighted a few portions. Foremost, the president called for new investment in roads and bridges.

"There is work to be done, and there are workers ready to do it," Obama said. "Labor is on board. Business is on board. We just need Congress to get on board. Let's put America back to work."

He also called for an extension of the payroll tax cut he won from Congress nearly a year ago, as well as the approval of several trade deals. He said the proposals should achieve bipartisan support. "Folks got to get together, but we're not going to wait for 'em," Obama warned.

Republicans, though, are skeptical of the speech. They have urged Obama to avoid stimulus bill-style measures -- such as increased infrastructure spending -- and instead focus on cutting regulations and easing the tax burden.

The president's appearance Monday follows last Friday's dismal jobs report, which showed that employers added no jobs in August. The disappointing report sparked new fears of a second recession and injected fresh urgency into efforts by Obama to help get millions of unemployed people back into the labor market -- and help improve his chances of getting re-elected.

The unemployment report gave Obama's Republican critics, including those who want to challenge him in next year's presidential election, fresh ammunition to pound him with.

Republican National Committee Chairman Reince Priebus on Monday dubbed Obama "president zero" in light of the jobs report. He said the president has spent too much time giving speeches and campaigning.

GOP presidential candidate Mitt Romney called the jobs report disappointing, unacceptable and "further proof that President Obama has failed." Romney is scheduled to outline his own job-creation plan in a Tuesday speech in the battleground state of Nevada.

The president on Monday also stressed his commitment to the labor movement, saying their cause was at the "core" of why he ran for president. He touted his efforts pushing a financial industry regulatory bill and propping up the auto industry and millions of jobs by providing federal bailouts in 2009 for General Motors Corp. and Chrysler Group LLC. The AFL-CIO rally was being held in a GM parking lot.

As Republicans at the state level chip away at collective-bargaining powers, Obama vowed to stand up for collective bargaining "as long as I'm in the White House."

The Associated Press contributed to this report.


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[AirborneSapper7]

THATS ALL THIS BROKE "BENT IN THE HEAD" MARXIST KNOWS

HOW TO PRINT "COUNTERFIT" MONEY

AND

BEGGING FOR PAY DAY LOANS FROM CHINA


Counterfeit
From Wikipedia, the free encyclopedia
Counterfeit products at a flea market.To counterfeit means to illegally imitate something. Counterfeit products are often produced with the intent to take advantage of the superior value of the imitated product. The word counterfeit frequently describes both the forgeries of currency and documents
http://en.wikipedia.org/wiki/Counterfeit


Payday loan

From Wikipedia, the free encyclopedia

A payday loan (also called a paycheck advance) is a small, short-term loan that is intended to cover a borrower's expenses until his or her next payday. The loans are also sometimes referred to as [cash advances], though that term can also refer to cash provided against a prearranged line of credit such as a credit card (see cash advance). Legislation regarding payday loans varies widely between different countries and, within the USA, between different states.

To prevent usury (unreasonable and excessive rates of interest), some jurisdictions limit the annual percentage rate (APR) that any lender, including payday lenders, can charge. Some jurisdictions outlaw payday lending entirely, and some have very few restrictions on payday lenders. Due to the extremely short-term nature of payday loans, the difference between nominal APR and effective APR (EAR) can be substantial, because EAR takes compounding into account. For a $15 charge on a $100 2-week payday loan, the APR is 26 × 15% = 390% but the EAR is (1.1526 − 1) × 100% = 3,685%. Careful reporting of whether EAR or APR is quoted is necessary to make meaningful comparisons.

Payday loans carry substantial risk to the lender; they have 10-20% default rate[1], and according to one study, defaults cost payday lenders around a quarter of their annual revenue.[2]

http://en.wikipedia.org/wiki/Payday_loan

[dsprtt]

Calling for more compromise. Compromise = surrender. A person of high moral caliber and a firm belief in his moral and ethical position never compromises. To do so is to forsake all you believe in. if you compromise then you have admitted you question your own beliefs. There can be no compromise when the future of this nation is at stake. They attack the Tea Party and demagogue them relentlessly without even knowing who the Tea Party is. That is why they fear us so much. They have no idea who we are or how they can effectively defeat us. Tea party people defy demographics. You can identify demographically liberal, republicans, and independents to a degree and devise strategies to target them either to sway them to your way of thinking or target those who believed as you do and motivate them to vote. The Tea Party fits no mold and formerly used political strategies are not effective since Tea Party people are from across the entire spectrum of the voting block. They are lashing out at an unseen , unknown enemy who they cannot identify. Their basic lack of understanding that these people represent a very large portion of Americans who may have identified with the Democratic party in the past or been Independent voters as well as Republicans who are dissatisfied with the the old party line. Tea Party participants come from all levels of the socio economic scale and are simply fed up with the business as usual attitude of of both parties. Even socially liberal voters are basically conservative in their own lives. The main message of the Tea Party is to have a fiscally conservative government based on Constitutional values. Any American of any party can relate to this message. How you get there and the methods that will be necessary will still be a point of contention among many, but the main message resonates within all Americans. That is why the race baiters , demagogues and hate mongers are out in full force and are worried, they understand that many Americans have come awake , but they do not know who they are or how they will deal with them. They are trying the only tactics they know and it has always worked in the past. But this new movement is beyond them and their days are numbered.