Pelosi: More Economic Stimulus Needed

House Speaker Nancy Pelosi (D-Calif.) said today that taxpayers need a second economic stimulus plan, this one to the tune of $150 billion.

The House passed a $61 billion kick-start plan last month but a similar proposal stalled in the Senate.

President Bush has promised to veto such a measure.

-- Frank Ahrens

October 8, 2008; 3:02 PM ET  | Category:  business
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Alcoa is looking dirt cheap right now.
"The world aluminium industry reported today that the application of automotive aluminium in passenger cars manufactured in 2006 will lead to potential global savings of approximately 140 million tons of CO2 equivalent greenhouse gas (GHG) emissions and to energy savings equivalent to about 60 billion litres of crude oil over the lifecycle of these vehicles." Last July a year before.

It's kind of crazy when investors punish companies for saving oil and oil goes up. Now we need more stimulus to pay for more oil while all our stocks go to pot. People don't use their heads.

Posted by: Anonymous | October 8, 2008 3:10 PM

Wake up non-republican Americans!

Join the Republican Party, support our policies, activities, and agenda, (especially our dominance in local and national government) elect Senator McCain & Governor Palin (She WILL become the 45th President of the USA) and you & your family can benefit, profit, and prosper, as we have as Republicans, the past 8 years in this country.

Deliberate manipulation of the Global Free Market Economy Financial Markets and designed global orchestration of corporate rescues and bailouts have been designed and implemented to shift more wealth to us, maximize profits & prosperity for American citizens that are active Republican Party members nationally, and our like minded allies globally, before and after our planned coming war with Iran.

This activity is purposely designed to benefit active American Republican Party members nationally and our like minded, New World Order allies globally ONLY. It will consolidate and secure our global financial power and hegemony once and for all, within the next 4 years.

If you and your family want to benefit, profit, and prosper too, you need to join us in the Republican Party and elect Senator John McCain, the 44th President of the United States and Governor Sarah Palin, the 45th President of the United States of America.

Posted by: Anonymous | October 8, 2008 4:40 PM

excuse me, after an initial stimulus package and now some 1 trillion bailout nancy pelosi wants to throw more taxpayer money at the problem?

as my parents used to tell me 'what do you think, money grows on trees?'

i fear the day when the democrats control both the congress and the white house - better be nice to your grandkids, they'll be paying the bills for all this nonsense long after we're broke and gone!

Posted by: shaman | October 8, 2008 4:53 PM

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