Daily Archives: January 7, 2009

Princess the Camel Picks The Giants Over the Eagles This Weekend


This is welcomed news if you are a Giants fan, the prognosticating camel of Popcorn Park Zoo, Princess, has chosen the NY Giants over the Philadelphia Eagle in this weekends NFL playoff matchup of  NFC East Division rivals according to the Asbury Park Press.  

Princess’s record in predicting the out come of NFL games this year stands at 15-3.  John Bergmann, the general manager of the Popcorn Park Refuge has been quoted as saying “This is Princess’ third year of picking teams. She’s always had an edge, but this year is unbelievable, no human can predict, no computer can calculate winners with such accuracy.”
As a big Giants fan myself, I love this prediction and will take good news anywhere I can get it. If memory serves me correctly, I believe that Princess also picked the Giants over the Patriots in the Superbowl last year.  
To be fair to Eagle fans, I must mention that Princess split this years games between the two teams this year, her pick of the Giants over the Eagle in week 14 was wrong, the Eagles won that game 20-14. So I suppose the Eagles still have a small chance at victory.

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Filed under Eagles, Football, NFC East, NFL, NY Giants, playoffs, Popcorn Park Zoo, predictions, Princess the Camel

Princess the Camel Picks The Giants Over the Eagles This Weekend


This is welcomed news if you are a Giants fan, the prognosticating camel of Popcorn Park Zoo, Princess, has chosen the NY Giants over the Philadelphia Eagle in this weekends NFL playoff matchup of  NFC East Division rivals according to the Asbury Park Press.  

Princess’s record in predicting the out come of NFL games this year stands at 15-3.  John Bergmann, the general manager of the Popcorn Park Refuge has been quoted as saying “This is Princess’ third year of picking teams. She’s always had an edge, but this year is unbelievable, no human can predict, no computer can calculate winners with such accuracy.”
As a big Giants fan myself, I love this prediction and will take good news anywhere I can get it. If memory serves me correctly, I believe that Princess also picked the Giants over the Patriots in the Superbowl last year.  
To be fair to Eagle fans, I must mention that Princess split this years games between the two teams this year, her pick of the Giants over the Eagle in week 14 was wrong, the Eagles won that game 20-14. So I suppose the Eagles still have a small chance at victory.

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Filed under Eagles, Football, NFC East, NFL, NY Giants, playoffs, Popcorn Park Zoo, predictions, Princess the Camel

>Why a Stimulus Package Must Be Big and Targeted

>FOR IMMEDIATE RELEASE

WASHINGTON – January 6 – Read more on CAP’s stimulus plan: How to Spend $350 Billion in a First Year of Stimulus and Recovery

Before federally sponsored electric cooperatives extended the magic of electricity to rural America, many in our country got their water by using a backyard hand pump. These pumps were simple yet remarkable tools. They could produce gallons upon gallons of water from deep below the surface of the earth without great exertion. But before any water would flow, the users of these pumps had to make certain that there was a solid column of water from the level of the underground reservoir to the base of the pump. Sometimes, they had to pour water into the ground before they could pump larger quantities out.

“Priming the pump” is a metaphor that economists have frequently used to explain a policy of using government deficits to restore the circulation of goods, services, and money in a struggling economy. As our economy continues to deteriorate after nearly a year in recession, the question of pump priming becomes a central issue in public discourse. But there are a number of questions that need to be addressed before enacting any economic stimulus plan. These include:

Won’t economic stimulus add to the federal budget deficit when our total public debt is already out of control?
Who will lend the federal government the funds to cover the expected increase in the budget deficit?
How much economic stimulus is necessary?
How should a stimulus package be structured?

In the pages that follow, this paper will examine each of these questions in turn, beginning with a historical analysis of government deficit spending and ending with an analysis of what exactly needs to be done. The purpose: to explain why a large but targeted economic stimulus package is critical to cope with an even more severe recession in 2009 than we’ve already experienced in 2008.

Read the full report (pdf)

Read more on CAP’s stimulus plan: How to Spend $350 Billion in a First Year of Stimulus and Recovery

CONTACT: Center for American Progress

John Neurohr, Deputy Press Secretary
202.481.8182

The Center for American Progress is a think tank dedicated to improving the lives of Americans through ideas and action. We combine bold policy ideas with a modern communications platform to help shape the national debate, expose the hollowness of conservative governing philosophy, and challenge the media to cover the issues that truly matter.

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Filed under "Priming the pump", Economic Stimulus Package, economy, federal budget deficit, John Neurohr, The Center for American Progress

Why a Stimulus Package Must Be Big and Targeted

FOR IMMEDIATE RELEASE

WASHINGTON – January 6 – Read more on CAP’s stimulus plan: How to Spend $350 Billion in a First Year of Stimulus and Recovery

Before federally sponsored electric cooperatives extended the magic of electricity to rural America, many in our country got their water by using a backyard hand pump. These pumps were simple yet remarkable tools. They could produce gallons upon gallons of water from deep below the surface of the earth without great exertion. But before any water would flow, the users of these pumps had to make certain that there was a solid column of water from the level of the underground reservoir to the base of the pump. Sometimes, they had to pour water into the ground before they could pump larger quantities out.

“Priming the pump” is a metaphor that economists have frequently used to explain a policy of using government deficits to restore the circulation of goods, services, and money in a struggling economy. As our economy continues to deteriorate after nearly a year in recession, the question of pump priming becomes a central issue in public discourse. But there are a number of questions that need to be addressed before enacting any economic stimulus plan. These include:

Won’t economic stimulus add to the federal budget deficit when our total public debt is already out of control?
Who will lend the federal government the funds to cover the expected increase in the budget deficit?
How much economic stimulus is necessary?
How should a stimulus package be structured?

In the pages that follow, this paper will examine each of these questions in turn, beginning with a historical analysis of government deficit spending and ending with an analysis of what exactly needs to be done. The purpose: to explain why a large but targeted economic stimulus package is critical to cope with an even more severe recession in 2009 than we’ve already experienced in 2008.

Read the full report (pdf)

Read more on CAP’s stimulus plan: How to Spend $350 Billion in a First Year of Stimulus and Recovery

CONTACT: Center for American Progress

John Neurohr, Deputy Press Secretary
202.481.8182

The Center for American Progress is a think tank dedicated to improving the lives of Americans through ideas and action. We combine bold policy ideas with a modern communications platform to help shape the national debate, expose the hollowness of conservative governing philosophy, and challenge the media to cover the issues that truly matter.

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Filed under "Priming the pump", Economic Stimulus Package, economy, federal budget deficit, John Neurohr, The Center for American Progress

>Quote of the Day: " I Don’t Work For Obama"

>

“If Obama steps over the bounds, I will tell him. … I do not work for Barack Obama. I work with him,”

— Senate Majority Leader Harry Reid (D-Nev.) in an interview with The Hill

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Filed under Barack Obama, CIA Director, Democrats, Dick Cheney, Joe Biden, Leon Penetta, Republicans, The Hill, US Sen. Harry Reid

Quote of the Day: " I Don’t Work For Obama"

“If Obama steps over the bounds, I will tell him. … I do not work for Barack Obama. I work with him,”

— Senate Majority Leader Harry Reid (D-Nev.) in an interview with The Hill

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Filed under Barack Obama, CIA Director, Democrats, Dick Cheney, Joe Biden, Leon Penetta, Republicans, The Hill, US Sen. Harry Reid

>Liberals have a trillion reasons to accept tax cuts in stimulus

>

By Mike Soraghan – The Hill

The most liberal members of Congress huddled together in early December, and decided they needed to push their fellow Democrats to be bold with the economic stimulus legislation being drafted.

So the Congressional Progressive Caucus fired off a letter to House Speaker Nancy Pelosi (D-Calif.) urging a stimulus of at least $1 trillion.

Now they find themselves in the mainstream, as they see the stimulus climbing toward a figure few expected to reach.
“We were figuring people would be talking about $300 billion to $400 billion,” said one participant. “Who knew we were going to be out-liberaled?”

The sheer size of the stimulus goes a long way toward explaining why there has been little liberal opposition to President-elect Obama’s decision to adopt the conservative Republican mantra of tax-cutting as part of his signature “recovery” legislation.

Rather than being carved out of a finite stimulus plan, the tax cuts have essentially been loaded on top of a package so big it has something for nearly everyone. Public works projects and job creation haven’t been displaced from the massive package, which Obama and Congress are hoping can shake the economy from its downward slump.

Read More >>> Here

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Filed under Barack Obama, Congress, Congressional Progressive Caucus, Economic Stimulus Package, Liberals, Nancy Pelosi, tax cuts, The Hill