Tag: economic stimulus

Still not convinced of the need for a mortgage rescue plan? Read more about foreclosure issues in Colorado.

Our Washington Independent colleague Mary Kane, who has written extensively about the nation's housing and economic crisis, serves up a delicious smack down of the "tea party" protest movement decrying the federal stimulus package.

There's no harbor involved nor crates and nary a Narragansett to be found in these parts but peeved Colorado conservatives are planning a "tea party" of sorts Friday to protest the federal stimulus package.

President Obama’s economic stimulus program might be considered green, but it’s still got a big streak of gray. The $785 billion spending bill that Obama signed Tuesday, shortly after he toured the sparkling solar-paneled roof of the Denver Museum, will save or create 3.5 million jobs over the next two years, according to the White House. Environmental groups, happy about the sharp departure from Bush administration policies, say up to 1.5 million or 40 percent of the jobs created by the unprecedented legislation will be green — meaning they will contribute to decreasing energy consumption, lowering oil demand and switching to renewable sources.

From the moment the federal stimulus package was first proposed, crank-celebrity "free market" enthusiasts have been whipping up their fans by crying "socialism" as often as possible -- demonstrating how little cranks understand both free markets and socialism. I'd write it off as merely tilting at windmills, except that tilting at windmills sounds too reality-based given the prominence renewable energy is playing in the country's recovery and reinvestment plan.

Local rail and public transit enthusiasts are in for a cold slap of reality after the historic signing of the $787 billion economic recovery plan. During Tuesday's visit to Denver with President Barack Obama, Vice President Joe Biden said the federal stimulus bill will be a big boost to mass transit in the United States, with funding impacts for commuter rail projects from Colorado to Amtrak's Northeast Corridor.

That was fast. Two labor groups -- Americans United for Change and the American Federation of State, County and Municipal Employees -- on Tuesday unveiled a national ad applauding President Barack Obama for signing the American Recovery and Reinvestment Act of 2009. The ad features footage shot earlier in the day at Obama's speech at the Denver Museum of Nature and Science.

Never has the partisan nature of the renewable energy debate been more on display than it was Tuesday during the historic Denver signing of President Barack Obama’s $787 billion stimulus package.

Last week, as they’ve done every week for nearly two years, New Jersey-based Rasmussen Reports cycled a question about Congress into its nightly political tracking poll. Over two nights, around 1000 voters (they must be voters, or say they are, to be included in the poll) were asked by an automated, voice-activated pollster whether they they would support a Democratic candidate or a Republican candidate for Congress, were the election held today.

From the White House press office, President Barack Obama's remarks as prepared for delivery before signing the American Recovery and Reinvestment Act of 2009 Tuesday afternoon at the Denver Museum of Nature and Science: