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To: MrLucky who wrote (313967)	7/9/2009 10:59:55 PM
From: Ruffian	Respond to of 794050

Pelosi contradicts Steny on Stimulus II UPDATED House Speaker Nancy Pelosi isn't embracing a second stimulus package -- contradicting a recent statement by her No. 2, House Majority Leader Steny Hoyer (D-Md.), who says the House needs to "be open" to a quick second jolt. "I'm committed to the first stimulus. I don't think it's been given all the time to work. This third quarter is a big quarter for the stimulus," Pelosi told reporters at her weekly presser. Pelosi's position aligns her with Senate Majority Leader Harry Reid (D-Nev.) and most, if not all, of President Obama's advisers. But many others -- Sen. Chris Dodd (D-Conn.), Sheldon Whitehouse (D-RI), Warren Buffett and Timeser Paul Krugman -- think that February's $787 billion package was too small and too diffuse. Pelosi, on the other hand, sees significant stimulative potential in the upcoming transportation spending bill. She did, however, concede that the House may need to consider more spending to help shore up overextended state unemployment insurance systems. "We have to be very careful about the spending on this," she added. "And I respect what -- the open opportunity that the distinguished majority leader put out there, but right now I think that we have big issues with health care and how we fund that, and if we do go someplace, I'd like to see us do the transportation bill." UPDATE: A Hoyer spokeswoman downplayed the daylight between the majority leader and Pelosi: "Hoyer was not suggesting that a second stimulus is needed right now. The recovery bill hasn’t been in place very long, and it needs time to work. He just wasn’t closing the door on future action if that’s what needs to happen to get the economy moving. " Still, the irony here is rich. Hoyer -- the champion of the pay-go, deficit-busting Blue Dog Democrats -- is out in front of Pelosi on possible billions in new deficit spending. Pelosi -- champion of the left and cheerleader for President Obama's first stimulus -- is now portraying herself as an avatar of fiscal responsibility.

To: MrLucky who wrote (313967)	7/9/2009 11:15:26 PM
From: MJ	1 Recommendation Read Replies (1) \| Respond to of 794050

Add to China's strength in nuclear power the countries that they are allied with----i.e. North Korea for instance and other countries that China has supported. Collectively, their balance in nuclear power would far outweigh America's. Obama needs to learn that there are two sides to defense of the free world----offense and defense. Stripping our possibilities is not Peace Through Strength----it is a recipe in the long term for disaster if not in the more immediate short term. It would be a different picture if Obama were going to Russia with the support of the nation. There has been no national dialogue. Obama has preempted the American people having a role in the discussion while he pushes through in America his socialist agenda of nationalizing the automobile industry and socializing medicine. mj