Economic recovery package before Congress"would provide massive fiscal stimulus."

[Babagounj]

This picture also summerizes our past "trickle down" economics, only in this case the horse represents "Wealthy Corperate Wall Street Joes" and the flies represent "average Joes" sifting thru for a piece of the American Pie.....

Darn if you think that's a horse, time for new glasses.
Try getting a really thick pair.

 

[Sammie]

I've yet to hear of a fix for the $300 billion we spend each year
on illegal immigrants -

Probably because it has nothing to do with our current bankrupt status ..........


So let's keep doing our Little Happy Dance and continue funding
state sponsored welfare,
food stamps,
WIC,
free school lunches,
Medicaid,
primary and secondary school educations for kids who speak no English,
$3 mil a day to incarcerate illegals,
printed literature from menus to phone books in 2 languages
Our businesses, courtrooms and hospitals staffed with interpreters,
and let them send $45 billion home every year

Why are we this stupid? How far does this continue?

And why is this not something O. addressed in his first 15 minutes that is also a matter of life and death?

All we hear is that the war on terror and bad business practices
are the causes of our problems.

 

[chev]

This picture also summerizes our past "trickle down" economics, only in this case the horse (oops, I'm mean the Donkey...thx BaBa) represents "Wealthy Corperate Wall Street Joes" and the flies represent "average Joes" sifting thru for a piece of the American Pie.....

Hmmm, seems pretty well labeled to me. Ya need glasses?
That, my friend, is the great O and his band of morons S hitting on us all.
Essentially, this bailout is like taking buckets of water from the deep end of the pool and pouring them into shallow end to try and make it deep too. Total waste of time.

 

[chev]

I've yet to hear of a fix for the $300 billion we spend each year
on illegal immigrants -

Probably because it has nothing to do with our current bankrupt status ..........


So let's keep doing our Little Happy Dance and continue funding
state sponsored welfare,
food stamps,
WIC,
free school lunches,
Medicaid,
primary and secondary school educations for kids who speak no English,
$3 mil a day to incarcerate illegals,
printed literature from menus to phone books in 2 languages
Our businesses, courtrooms and hospitals staffed with interpreters,
and let them send $45 billion home every year

Why are we this stupid? How far does this continue?

And why is this not something O. addressed in his first 15 minutes that is also a matter of life and death?

All we hear is that the war on terror and bad business practices
are the causes of our problems.

Oh nooo. shhhhh. not so loud!! You might offend a liberal panty waste and get sent to diversity and sensitivity training.

 

[Jagger]

When the presidency was under Republican control during the past 40 years, 1.4 million net additional jobs have come into being per year on average. Under Democratic control, 2.5 million net jobs have come into being in an average year -- 78 percent more.

 

[moreluck]

The past is the past......what's B.O. doing for me today ???? besides taking money from me to pay a bunch of lazy *****e$.

 

[1989]

And the plot thickens.......lol....Coffee or Tea ? Make sure Santelli gets decaf..
http://www.huffingtonpost.com/2009/02/20/gibbs-v-santelli-he-shoul_n_168645.html

He's been ranting for years. This admin. needs to stop calling out the press.

 

[Babagounj]

When the presidency was under Republican control during the past 40 years, 1.4 million net additional jobs have come into being per year on average. Under Democratic control, 2.5 million net jobs have come into being in an average year -- 78 percent more.

Under Reps real jobs....Under dems government jobs.

 

[chev]

Under Reps real jobs....Under dems government jobs.

Good answer.

 

[Jagger]

IF STATES FAIL TO USE STIMULUS FUNDS AS INTENDED, EFFORTS TO STRENGTHEN ECONOMY COULD BE UNDERCUT
​

A few governors and legislative leaders have suggested that their states might not accept the full amount of fiscal relief in the new recovery legislation or might use the funds to finance tax cuts or build up reserves, rather than spend them as Congress intended. Such actions could weaken the new law’s impact, and possibly even prolong the recession, by reducing the amount of stimulus injected into the economy.

http://www.cbpp.org/2-24-09sfp.htm

 

[Sammie]

We should be seeing between $8 - $13 a week more in our paychecks
sometime this spring thanks to O.

Below is some helpful advice on how to best help the U.S. economy by spending your stimulus check wisely:

If you spend that money at Walmart, all the money will go to China.

If you spend it on gas it will go to Hugo Chavez, the Arabs and Al Qaeda.

If you purchase a computer it will go to Taiwan.

If you purchase fruit and vegetables it will go to Mexico, Honduras, and Guatemala (unless you buy organic).

If you buy a car it will go to Japan or Korea.

If you purchase prescription drugs it will go to India.

If you purchase heroin it will go to the Taliban in Afghanistan.

If you give it to a charitable cause, it will go to Nigeria.

Finally, none of it will help the American economy. We need to keep that money here in our country.

You can keep the money in America by spending it at yard sales, going to baseball games, or spend it on prostitutes, beer (domestic), or tattoos, since those are the only businesses left the US.

 

[Babagounj]

IF STATES FAIL TO USE STIMULUS FUNDS AS INTENDED, EFFORTS TO STRENGTHEN ECONOMY COULD BE UNDERCUT
​

A few governors and legislative leaders have suggested that their states might not accept the full amount of fiscal relief in the new recovery legislation or might use the funds to finance tax cuts or build up reserves, rather than spend them as Congress intended. Such actions could weaken the new law’s impact, and possibly even prolong the recession, by reducing the amount of stimulus injected into the economy.

http://www.cbpp.org/2-24-09sfp.htm

Good lord, what's wrong with these educated people don't they like PORK?

 

[Jagger]

Good lord, what's wrong with these educated people don't they like PORK?

Fiscal Relief Helps States Avert Budget Cuts That Would Further Slow Economy


The legislation provides states with roughly $135 billion to $140 billion to help close operating budget shortfalls, most of it in the form of increased Medicaid funding and a “State Fiscal Stabilization Fund” aimed primarily at ongoing education costs. These funds will help the economy recover by averting cuts in state expenditures. The sooner the states use the money, the faster the economy is likely to improve.


When states cut spending, they lay off employees, cancel contracts with vendors, eliminate or lower payments to businesses and nonprofit organizations that provide direct services, and cut benefit payments to individuals. In all of these circumstances, the companies and organizations that would have received government payments have less money to spend on salaries and supplies, and individuals who would have received salaries or benefits have less money for consumption. As a result, budget cuts directly remove demand from the economy.

 

[Babagounj]

Keep believing the party line that this PORk will create jobs & lead the masses towards financial salvation.
If the trillion $$ PORK bill was the answer, why does O need that additional $$ to to spend on deadbeats homes ?
First in was as the activists claimed, banks were redlining areas where they knew that every loan was to risky to grant; large rates of defaults. Sound business practices require that these banks actually make a profit on their loans. Its called survival. Well these activists did away with sound practices & demanded equal loans for all. Now they call the banks evil for bowing to their wacky demands. Those evil banks & mortgage companies took advantage of people who could never repay their loans by actually giving them what they legally signed on for. Now its ACCORN to the rescue by squatting on bank owned ( actually until you pay off your mortgage the bank really owns your house ) foreclosed properties , claiming its their right to do so. ( honestly just where is this right written, I could not find it ). They demand that the non-paying loan signee should stay in the home until O's plan takes off. So now its rent free housing & ownership.

 

[moreluck]

Whatever happened to natural consequences ?? I was taught that if you bought a house that you couldn't afford the natural consequence was that you would lose that house. Makes sense to me.

Nobody told me about the "knight on the white horse" that would rescue me and take care of my mistake.

Logic, people!! It needs to be logical & make sense. Quit enabling. Quit rescuing.

 

[moreluck]

This nation HAS economic problems BECAUSE the idealogy was ignored !!!

 

[Jagger]

This nation HAS economic problems BECAUSE the idealogy was ignored !!!

Huh?

 

[tieguy]

IF STATES FAIL TO USE STIMULUS FUNDS AS INTENDED, EFFORTS TO STRENGTHEN ECONOMY COULD BE UNDERCUT​

A few governors and legislative leaders have suggested that their states might not accept the full amount of fiscal relief in the new recovery legislation or might use the funds to finance tax cuts or build up reserves, rather than spend them as Congress intended. Such actions could weaken the new law’s impact, and possibly even prolong the recession, by reducing the amount of stimulus injected into the economy.

http://www.cbpp.org/2-24-09sfp.htm

what a terrific idea. use it to support tax cuts. So the concept is kind of like this lets take the money the government took from the people and give it back to the people rather then spend it buying people condoms.
I like it.

 

[Jagger]

what a terrific idea. use it to support tax cuts. So the concept is kind of like this lets take the money the government took from the people and give it back to the people rather then spend it buying people condoms.
I like it.

The legislation provides states with roughly $135 billion to $140 billion to help close operating budget shortfalls, most of it in the form of increased Medicaid funding and a “State Fiscal Stabilization Fund” aimed primarily at ongoing education costs. These funds will help the economy recover by averting cuts in state expenditures. The sooner the states use the money, the faster the economy is likely to improve.


When states cut spending, they lay off employees, cancel contracts with vendors, eliminate or lower payments to businesses and nonprofit organizations that provide direct services, and cut benefit payments to individuals. In all of these circumstances, the companies and organizations that would have received government payments have less money to spend on salaries and supplies, and individuals who would have received salaries or benefits have less money for consumption. As a result, budget cuts directly remove demand from the economy.


Moody’s Economy.com estimates that every dollar of federal fiscal relief that is used to avert state budget cuts increases economic activity by $1.38.


A state that refuses the stimulus money, delays the use of the money by putting it into a reserve fund, or uses the stimulus money for purposes other than maintaining programs and services is weakening its economy. It also is undermining federal efforts to turn the economy around.

 

[av8torntn]

A small 17 billion dollar list from CNN. This does not even include the 30 million in the bill to protect the wetlands in Pelosi's district (home of the now famous mouse) which would only create at most 100 jobs. Even the spokesman for the propaganda ministry for the Obama regime (Gibbs) admits there is pork in this bill.

• $2 billion earmark to re-start FutureGen, a near-zero emissions coal power plant in Illinois that the Department of Energy defunded last year because it said the project was inefficient.

• A $246 million tax break for Hollywood movie producers to buy motion picture film.

• $650 million for the digital television converter box coupon program.

• $88 million for the Coast Guard to design a new polar icebreaker (arctic ship).

• $448 million for constructing the Department of Homeland Security headquarters.

• $248 million for furniture at the new Homeland Security headquarters.

• $600 million to buy hybrid vehicles for federal employees.

• $400 million for the Centers for Disease Control to screen and prevent STD's.

• $1.4 billion for rural waste disposal programs.

• $125 million for the Washington sewer system.

• $150 million for Smithsonian museum facilities.

• $1 billion for the 2010 Census, which has a projected cost overrun of $3 billion.

• $75 million for "smoking cessation activities."

• $200 million for public computer centers at community colleges.

• $75 million for salaries of employees at the FBI.

• $25 million for tribal alcohol and substance abuse reduction.

• $500 million for flood reduction projects on the Mississippi River.

• $10 million to inspect canals in urban areas.

• $6 billion to turn federal buildings into "green" buildings.

• $500 million for state and local fire stations.

• $650 million for wildland fire management on forest service lands.

• $1.2 billion for "youth activities," including youth summer job programs.

• $88 million for renovating the headquarters of the Public Health Service.

• $412 million for CDC buildings and property.

• $500 million for building and repairing National Institutes of Health facilities in Bethesda, Maryland.

• $160 million for "paid volunteers" at the Corporation for National and Community Service.

• $5.5 million for "energy efficiency initiatives" at the Department of Veterans Affairs National Cemetery Administration.

• $850 million for Amtrak.

• $100 million for reducing the hazard of lead-based paint.

• $75 million to construct a "security training" facility for State Department Security officers when they can be trained at existing facilities of other agencies.

• $110 million to the Farm Service Agency to upgrade computer systems.

• $200 million in funding for the lease of alternative energy vehicles for use on military installations.