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Old 08-08-2012, 09:48 AM
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President Obama and posters on here keep talking about his JOBS act.

He keeps saying how great it is...he keeps saying how the Republicans are standing in the way....

A few things to share...

"The dim news about the current economic situation has prompted the Obama administration to put forward its latest, desperate effort to reverse the tide by urging passage of The American Jobs Act (AJA), a turgid 155-page bill. The AJA’s only certain effect is to make everything worse than it already is by asking Congress to tighten the stranglehold that government regulation has already placed on the economy."

Obama

"Boy, do I feel like an idiot. I've been out there on radio and TV in the last few months saying that I thought there was a chance Barack Obama was listening to the popular anger against Wall Street that drove the Occupy movement, that decisions like putting a for-real law enforcement guy like New York AG Eric Schneiderman in charge of a mortgage fraud task force meant he was at least willing to pay lip service to public outrage against the banks.

Then the JOBS Act happened.

The "Jumpstart Our Business Startups Act" (in addition to everything else, the Act has an annoying, redundant title) will very nearly legalize fraud in the stock market."


Read more: Why Obama's JOBS Act Couldn't Suck Worse | Matt Taibbi | Rolling Stone

And to put to bed the notion that the Republicans are standing in the way.....Reid never allowed this , in his form, go to a vote because it never stood a chance, but not just Republicans...

[B]" President Obama anticipated Republican resistance to his jobs program, but he is now meeting increasing pushback from his own party. Many Congressional Democrats, smarting from the fallout over the 2009 stimulus bill, say there is little chance they will be able to support the bill as a single entity, citing an array of elements they cannot abide. "[/B

New York Times Sept 14, 2011

"Obama jobs bill dies in Senate"

https://www.google.com/search?hl=en&...1c.s4pxnVPyHo4

NOT the house...the Democrat controlled Senate !!!