Barack Obama's YouTube presidency is off to a silky-smooth start in his first weekly video address of 2009. But whats this he's saying about "American recovery and reinvestment?

What it really amounts to is doling out money to corporations:

To build a 21st century economy, we must engage contractors across the nation to create jobs rebuilding our crumbling roads, bridges, and schools.

Contractors — you mean those companies that made out like bandits on the Iraq war? Great. President Change is switching from funding the military-industrial complex to funding the cement-industrial complex. What ever happened to the Works Progres Administration and all those awesome Art Deco buildings built in the 1930s? Barack, baby, let's do this stimulus with style, okay?

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