The care with which we are carrying out the provisions of the Recovery Act has led some people to ask whether we are moving too slowly. But the act was intended to provide steady support for our economy over an extended period — not a jolt that would last only a few months. – Vice President Joe Biden New York Times, July 26, 2009. The Recovery Act, as we call it, provides a necessary jolt to our economy to implement what we refer as “shovel-ready” projects, meaning projects that were …
When Vice-President Biden arrives in Pristina on Thursday, he is guaranteed a rapturous welcome. Kosovo’s Prime Minister, Hashim Thaçi and President, Fatmir Sejdiu have facilitated the warmest public welcome for the Vice President, including presenting him with ‘The Golden Medal of Freedom’, a state honor in recognition of his long-standing support for the country’s independence.
Yesterday Vice President Joe Biden delivered the first quarterly report on the status of the Obama administration’s $787 billion program, claiming “significant progress has been made toward implementation.” The Associated Press’s Matt Apuzzo fact checks some of Biden’s claims: THE WHITE HOUSE SAID: The stimulus has created or saved 150,000 jobs. THE FACTS: Since February, the nation has lost more than 1.3 million jobs, according to the Department of Labor. To make the case that the country created jobs over that same stretch, the White House has put forward a …
Politico reports today: It was a perfectly reasonable question, and on the surface it seemed like a perfectly reasonable answer. But when Senate Banking Committee Chairman Chris Dodd went on Bloomberg TV Friday and mused about the possibility of bank nationalization, panicked investors sent the Dow plummeting a hundred points in the next hour. Whoops. Dodd’s casual remark and the not-so-casual consequences it caused were among the most vivid examples of a new Washington phenomenon. The city’s sudden status as the de facto world financial capital means that briefings and …
This past Saturday, Vice President Joe Biden gave a troubling speech at the 45th Munich Security Conference. Heritage Director for Margaret Thatcher Center for Freedom calls the speech “one of the weakest projections of U.S. leadership on foreign soil in recent memory. The message was confused, apologetic, over-conciliatory, and remarkably lacking in substance and detail.” Gardiner details: Iran In essence, Biden offered a quid pro quo deal with Iran–the kind the European Union has offered for several years with absolutely nothing to show for it except spectacular failure. … There …
Coal supplies almost half of our nation’s electricity and more than 20% of our nation’s total energy consumption. Without coal our entire economy would crumble. Despite decades of subsidies, wind and solar power contribute only 1% of our nation’s energy needs. Despite these facts, Joe Biden told a voter in Ohio today: “No coal plants here in America. Build them, if they’re going to build them, over there. Make them clean.” Watch below: [youtube]http://www.youtube.com/watch?v=7rXyTRT-NZg[/youtube] Leaving aside the fact that Biden is, at best, forgetting that Barack Obama is on record …
According to the Tax Policy Center, Barack Obama plans raise the tax burden on all Americans by $627.1 billion over the next 10 years. Defending this policy on ABC’s “Good Morning America,” Joe Biden told Americans they should enjoy paying higher taxes because “it’s time to be patriotic … time to jump in, time to be part of the deal, time to help get America out of the rut.”Apparently, the rest of the world does not view higher taxes as “patriotic” as Biden does. Over the last decade almost every …
