Posted tagged ‘stimulus’

The Great Recession is Over!

October 29, 2009

celebrationThird quarter GDP is up 3.5%!

The media and the federal government today are reporting the Great Recession is over(maybe, sort of).

Never mind that the bulk of that growth came from Cash for Clunkers (which cost taxpayers $24,000 per vehicle). Never mind that the numbers of jobs “saved or created” by Obama’s stimulus was overstated by the White House. The recession is over!

More house buying credits for everyone! Even four-year olds! Go for it – the IRS doesn’t require you to prove you actually bought a house (shhhh).

And hey, while we’re at it – how about “free” health insurance for everybody! Read all about it here – only 1990 pages long!

So come on, people – let’s celebrate! The good times are rolling again!

RFID Implants. Be Afraid.

October 18, 2009

An RFID chip can even help you remember to take your medications. Not convinced that a medical RFID chip is for your own good? Ok, then how about this…

How convenient! Even lamestream media thinks it’s a great idea.

The push toward implanting RFID chips in humans is gaining momentum. The company at the forefront of the tehcnology – VeriChip – has seen a rapid gain in its stock value.

We are no longer talking about some far-off sci-fi future. It is here – right now.

VeriChip is currently in rapid development of a “triage detection system” for H1N1.

VeriChip plans to fund its existing partnership with RECEPTORS to continue the development of a triage detection system for detection of the H1N1 virus. As previously announced in April 2009, the partners executed a Memorandum of Understanding relating to the expansion of their development partnership and published a white paper entitled, “An Integrated Sensor System for the Detection of Bio-Threats from Pandemics to Emerging Diseases to Bioterrorism,” which is available at


NBC recently aired a segment promoting the use of medical RFID implants. This segment featured an entire family happily getting chipped:

If the soft sell approach isn’t effective enough, no need to worry. The groundwork has already been laid for the hard sell – mandatory chipping – if the government wants to take that road.

Obama’s economic stimulus bill mandated that all medical records be converted to electronic form.

$3 billion to computerize health records, a measure intended to cut costs and reduce medical errors. Language in the stimulus bill calls for “the utilization of an electronic health record (EHR) for each person in the United States by 2014.”


The House healthcare bill takes up the next step:

Sec. 2521, Pg. 1000 – The government will establish a National Medical Device Registry.
20 ‘‘National Medical Device Registry
21 ‘‘(g)(1) The Secretary shall establish a national med-
ical device registry (in this subsection referred to as the
23 ‘registry’) to facilitate analysis of postmarket safety and
24 outcomes data on each device that—
25 ‘‘(A) is or has been used in or on a patient; and
VerDate Nov 24 2008 01:43 Jul 15, 2009 Jkt 079200 PO 00000 Frm 01000 Fmt 6652 Sfmt 6201
E:\BILLS\H3200.IH H3200 jlentini on DSKJ8SOYB1PROD with BILLS
HR 3200 IH
1 ‘‘(B) is—
2 ‘‘(i) a class III device; or
3 ‘‘(ii) a class II device that is implantable,
4 life-supporting, or life-sustaining.


The Verichip RFID is “the first subcutaneous RFID chip to receive FDA approval as a Class 2 medical device.”

VeriChip recently partnered with Raytheon to manufacture its products.

VeriChip Corporation (“VeriChip” or the “Company”) (NASDAQ:CHIP) today announced that it has selected Raytheon Microelectronics España (operating as “ELCAN Optical Technologies”) for the production of the Company’s radio frequency identification (RFID) implantable microchips, including its existing VeriChip microchip for patient identification, its new 8 millimeter microchip for use in
Medical Components, Inc.’s (Medcomp) vascular access medical devices, and its glucose-sensing RFID microchip currently under development with RECEPTORS, LLC.

In December 2008, VeriChip purchased all intellectual property related to its implantable RFID business line from Digital Angel Corporation and canceled its manufacturing relationship. Now, the Company is properly aligned and prepared to re-establish its manufacturing capabilities and has chosen to do so with ELCAN Optical Technologies.


Raytheon is a major US defense contractor.

Raytheon means “light from the gods.” The company is the maker of “Bunker Buster” bombs, Tomahawk and Patriot missiles, and manufactured the missile that killed 62 civilians in a Baghdad market in 2003. The company is a major American defense contractor and industrial corporation with core manufacturing concentrations in defense systems and defense and commercial electronics.


It does not require a lot of imagination or even a belief in religion to see the “mark of the beast” implications here. By 2014 Will your doctor or any emergency room be legally allowed to treat you if you refuse to be chipped? Will you even have the option to refuse?

We already have national registries of certain criminal classes. Chipping them would make it so much easier to keep track of their whereabouts, right? And wouldn’t we all be so much safer if police and FBI could track people arrested on suspicion of domestic terrorism? Not to mention keeping things like the national no-fly list up to date.

Anyone who thinks getting a chip is no big deal – who thinks it couldn’t be remotely reprogrammed for “national security” reasons – needs to be reminded of how remotely deleted copies of Orwell’s 1984 and Animal Farm from every Kindle, everywhere, in a matter of seconds, without warning.

The technology exists and the potential for abuse is mind boggling.

For me, this is the line that will not be crossed. I will not be chipped. I will not be violated in such a personal, physical way. If it means leaving everything behind to go off-grid, so be it.

White House Says 1 Million Jobs Saved or Created By Stimulus

September 10, 2009

o-lolAccording to the Associated Press,  the Ministry of Truth White House said today that the Obama administration’s recovery efforts have saved or created more than one million jobs so far. That should be great comfort to the more than 14 million people still unemployed.

The article also states (emphasis added):

The report is certain to draw criticism because the U.S. economy has actually lost about 2.5 million jobs since the stimulus was signed in February. Because the White House number is based on economic models, it’s impossible to say for certain what that number would have been without the stimulus.

Well, I guess so. It’s also impossible to say for certain what the number is WITH the stimulus, as the whole guesstimate is based on computer models rather than reality.

Bailout Tracker Update

September 7, 2009

pile-o-moneySo how much has the government’s intervention in the financial crisis costing us? According to CNN’s Bailout Tracker, the total amount committed to date is $11 Trillion, with $2.8 Trillion invested so far.

The list of recipients includes AIG, auto suppliers, automotive financing, Bear Stearns, Citigroup, Fannie Mae, Freddie Mac, Bank of America and numerous programs run by the Fed, Treasury and the federal government itself. The total cost to the FDIC alone is $35.5 Billion. See all the gory details here.

Reuters: U.S. jobless claims unexpectedly rise

August 20, 2009

Unexpectedly? I guess it might be unexpected if you aren’t completely connected to reality. Anyeay, here’s what Reuters reported:

Initial claims for state unemployment insurance benefits rose 15,000 to a seasonally adjusted 576,000 in the week ended August 15 from 561,000 the prior week, the Labor Department said. Analysts polled by Reuters had forecast new claims slipping to 550,000 last week from a previously reported 558,000.

The number of people collecting long-term unemployment benefits edged up 2,000 to 6.24 million in the week ended August 8, the latest week for which the data is available. However, the four-week moving average declined 2,500 to 6.27 million.

Wonder how many of the 2,500 decline are people who have exhausted their benefits but are still unemployed. Considering that we’ve wiped out all the jobs created in the 21st century, you can’t help but wonder.


HotAir’s Ed Morrissey sums it up nicely:

Obama has a big problem.  The stimulus package has utterly failed to prevent unemployment from getting above the target line of 8%.  After some initial optimism about the economy, employers are once again shedding jobs and reducing costs, particularly as they see Obama’s expansive — and expensive — legislative agenda work through Congress.  At the time when Obama says, “Trust me to run health care,” voters are realizing that he couldn’t get the economy right while mortgaging the Treasury.  Maybe Obama should focus on fixing what he’s already broken before breaking something else.

Read the rest…

Stimulus Spending Slows to a Trickle

August 14, 2009

000-0809232947Hot Air’s Ed Morrissey reports the following:

Two months ago, Barack Obama ordered his Cabinet to pick up the pace of stimulus spending after the public began losing confidence in its ability to generate an economic recovery.  With the unemployment rate heading to 9.5%, the need for Obama’s urgency was obvious.  So the federal government must really have turned on the cash spigots, right?  Wrong:

Stimulus bill spending has slowed to a trickle, despite President Obama’s June order to his Cabinet to speed it up.

The average stimulus spending per week has dropped severely, to just $4.2 billion over the past month from $9.7 billion during the prior four months. The government spent $2.9 billion in the week ending Aug. 7.

Taxpayer groups say the numbers show spending decisions are random and prove that the $787 billion stimulus program has had no effect on the economy.

“This is a typical bureaucracy. They don’t operate in an efficient way. They can’t operate in an efficient way and make an impact,” said Leslie Paige, media director for Citizens Against Government Waste.

When Casey Stengel managed the New York Mets in the team’s debut season — a team that had as many rookies, retreads, and screw-ups as the Obama Administration apparently does — he moaned, “Can’t anyone here play this game?”  It’s been six months for Team Obama, and they keep proving themselves inept at governance.  Instead of picking up the pace, they’ve cut the flow by two-thirds.

But by all means let’s put the government in charge of health care! What could possibly go wrong?

The Stimulus Has Done It’s Job?

July 13, 2009

More detail after the end would have been nice, but the first 45 seconds tells the story.