Ar_home_b_search
 

I just read this article from Realityknocks.com and this is a great read and a very good report from Harvard about the Stimulus plan,the problems and financial losses it is causing.

We need to be aware that they are trying to approve another one and finally bury us in more debt.  You just want to give up and walk away, let Tsunami hit and clean up later.. But I heard we can't do that because this Stimulus and Obama Care is going to damage us for the next 20 years. So someone stop them or God bless our poor children that are having their futures ruined by our lack of knowledge to stop this destruction.

I wonder who will be the Heroes of the Senate this year or do we have to vote them all out in 2010. I still believe in Heroes in America. How about you?

Here is the link from Reality Knocks.com and the partial article:

"Wall Street Journal: STIMULUS SPENDING DOESN'T WORK

Our new research shows no evidence of a Keynesian ‘multiplier' effect. There is evidence that tax cuts boost growth.

By ROBERT J. BARRO AND CHARLES J. REDLICK

THE CONCLUSION:
"The bottom line is this: The available empirical evidence does not support the idea that spending multipliers typically exceed one, and thus spending stimulus programs will likely raise GDP by less than the increase in government spending. Defense-spending multipliers exceeding one likely apply only at very high unemployment rates, and nondefense multipliers are probably smaller. However, there is empirical support for the proposition that tax rate reductions will increase real GDP."

Mr. Barro is a professor of economics at Harvard and a senior fellow at Stanford University's Hoover Institution. Mr. Redlick is a recent Harvard graduate. This op-ed is based on a working paper issued by the National Bureau of Economic Research in September. "

Real Estate for the Soul's Featured Property of the Week:

http://activerain.com/blogsview/388938/32646-Coast-Site-Rancho   Rancho Palos Verdes

Best Ocean view Condo

http://activerain.com/blogsview/306368/4134-Pacific-Coast-Hwy Torrance Newer Home

Best Newer Construction

http://activerain.com/blogs/palosverdesrealtor4god/tags/homes%20historical Pasadena Victorian Updated and Prestigious

Real Estate Articles:

Palos Verdes Sales Market Prices:

http://activerain.com/blogsview/1283416/latest-rancho-palos-verdes-home-prices-sold-statistics-2009-charts

http://activerain.com/blogsview/672576/Buyers-How-Much-is

http://activerain.com/blogsview/667760/Selling-your-Home-2

http://activerain.com/blogsview/403208/Palos-Verdes-Home-Owners

http://activerain.com/blogsview/640769/Torrance-Do-you-know

http://activerain.com/blogsview/637229/Manhattan-Beach-June-2

http://activerain.com/blogsview/632181/-LOOKING-FOR-PRICES

http://activerain.com/blogsview/452990/Los-Angeles-County-Grea FHA

http://activerain.com/blogsview/462789/Renting-Versus-Buying-In

http://activerain.com/blogsview/389098/Tax-Savings-on-Moving

http://activerain.com/blogsview/487163/Interst-Rates-up-Dont Save money on interest buy now

Save America 2009

http://activerain.com/blogsview/1256436/i-just-love-this-picture-

 

 Family Info & events
http://activerain.com/blogsview/500245/-Top-4-Best Brunches in the Pv & South Bay

http://activerain.com/blogsview/662220/Some-Great-hiking-Trails

http://activerain.com/blogsview/652009/Favorite-Parks-and-Beaches

http://activerain.com/blogsview/650041/Pv-Mom-s-Club LA City Guides- Places to see

http://activerain.com/blogsview/142901/Searching-for-Best-Schools

http://activerain.com/blogsview/233943/Internet-Safety-for-Children

Senior Care & Events 

Seniors

http://activerain.com/blogsview/467528/Reverse-Mortgage-is-it

 

http://activerain.com/blogsview/472230/Keep-Safe-Coalition-Protecting

More articles: Senior-Long-Term-Care

http://activerain.com/blogsview/471828/Senior-Long-Term-Care

http://activerain.com/blogsview/641774/New-Senior-Housing-and

Ocean

 *All views used in these pictures have been sold by Mary C. Thomas

                                                                 

                                        Mary C. Thomas Realtor- 310-946-2205

This blog is property of Mary C. Thomas copyright 2008

 

 

 
Post is included in group: Realtors®
Post is included in group: RE/MAX Active Rain Bloggers
Post is included in group: Silent Majority
Post is included in group: Walking By Faith In The Rain!

4 Comments on Harvard Study-Stimulus Damage on!

OCT
06
2009
417,951 Points Called Shot Master

Heros is Senate?  What's in it for them?  Anyone that cannot see past favored loans, lobbiest contributions...etc....there is no hope!
11:54pm • #1
OCT
07
2009

obama and his minions failed every economics class they were forced to take. The never comprehended much history either. If they had even an iota of economic knowlege they would be aware it is impossible to spend your way out of a hole. Do they think the people that have lost their jobs are buying new cars and taking vacations? Since the 'stimulus' that was supposed to cap unemployment at 8% the US has lost 3 million jobs. Unemployment is at 9.8% and is expected to go over 10%- whoops a 25% error, maybe they have problems with math too. obama-care will break the US and 'cap & trade' will send our economy into a tailspin that makes us like a 3rd world country. Any and every that votes for obama-care and/or 'cap & trade' needs to be voted OUT of office. Too bad we cannot vote them out of the country.
12:09am • #2
363,414 Points

Mary- Thanks for finding this one and getting it out in the open. We need to make sure that every American understands this basic information.
7:48am • #3
155,150 Points Localism Sponsor Outside Blog

Ellen, I still think we will have a heroe soon. Check out Sen. Fiengold a Democrat reviewing Obama's Czars to see if they are constitutional or are doing the job of Cabinet Members and without Congress Approval..

Of Course the non transparent White House soon to be known for it's cloudyness did not show up or send a witness to testify yesterday...TYpical

John, It is good to hear from you..check out Glenn Becks 912 Mom I think he is on to something and I am passing it on to my clients.

Kevin, You are welcome..I am going to put it out on twitter and facebook Too!
9:49am • #4

What does the graphic say?

Leave a response…

(optional)
What does the graphic say?
 

@import url @import url(http://www.google.com/cse/api/branding.css);

Custom Search


Listings

Links

Archives

RSS 2.0 Feed for this blog