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DennyMcLain
02-18-2009, 12:21 AM
This... is brilliant.

I don't know how they're going to do it, but it's a brilliant concept that's fit for the time.

http://www.recovery.gov/

Wilfredo Ledezma
02-18-2009, 08:54 AM
Which category does the 5 billion going to ACORN fall under?

$50 million for the National Endowment for the Arts
$380 million in the Senate bill for the Women, Infants and Children program
$300 million for grants to combat violence against women
$2 billion for federal child-care block grants
$6 billion for university building projects
$15 billion for boosting Pell Grant college scholarships
$4 billion for job-training programs, including $1.2 billion for “youths” up to the age of 24
$1 billion for community-development block grants
$4.2 billion for “neighborhood stabilization activities”
$650 million for digital-TV coupons

$150 million for the Smithsonian
$34 million to renovate the Department of Commerce headquarters
$500 million for improvement projects for National Institutes of Health facilities
$44 million for repairs to Department of Agriculture headquarters
$350 million for Agriculture Department computers
$88 million to help move the Public Health Service into a new building

$850 million for Amtrak (The Harry Reid Special)
$87 million for a polar icebreaking ship (WTF???)
$450 million for NASA (carve-out for “climate-research missions”)
$600 million for NOAA (carve-out for “climate modeling”)
$600 million to convert the federal auto fleet to hybrids (NOBODY WANTS TO DRIVE A FUCKING HYBRID)
$1 billion for the manufacturing of advanced batteries


WASTEFUL SPENDING... that's not even half of the pork that's in this thing...

"RECOVERY" my ass...

Hermy
02-18-2009, 09:18 AM
Recovery spending during the depression included building sports stadiums and raking leaves in empty parks (and building tanks and battleships).

DennyMcLain
02-18-2009, 09:31 AM
Wil.... It's a spending bill, okay. You need to spend money to make money.

Incidently, I suppose 50 billion a year for the war in Iraq was ok in your eyes. Tally up what you just listed... does it equal 50 billion?

Hermy
02-18-2009, 09:41 AM
And what is wrong with some of that shit? A polar ice breaking ship sounds like a good idea to advance commerce, especially if you don't want to spend money on the "climate" stuff.

DennyMcLain
02-18-2009, 09:42 AM
Also, Wil, i'm certain there's somebody in your life who's going to be directly assisted by this package (who doesn't work for Haliburton). Why don't you go over to them and spit in their fuckin face.

Billions of dollars disappearing in Iraq, dished out by a rudderless ship. Bush approached congress each year with the same fucking bullshit: give me money, or American soldiers will die. Were talking hundreds of billions of
dollars for a war with no clear exit strategy (and that's McCain saying that) and you're bitching about ACORN??? This is like a pile of shit calling a fart "stinky".

Fool
02-18-2009, 09:50 AM
It's terrible to improve our public transit systems and make the federal government's automobiles more environmentally friendly and fuel efficient.

SO WASTEFUL!

Wilfredo Ledezma
02-18-2009, 10:59 AM
So do you think this bill is going to be the answer to each individual state's finacial problems?

Is this going to pull Michigan out of the rut?

Detroit looks like Beirut now, it's still going to look like Beirut ten years from now.

Creating jobs is great, I'm all for it. But where do you get the money to pay these employees? As businesses grow more successful, the more the government wants a bigger cut, so employees are still going to suffer.

You want to see the dow regain every single point it's lost since Nov 4? Then have Obama extend the Bush tax cuts beyond it's current expiration date. It would be the greatest move he could ever make in a time like right now. JFK-esque. What was JFK known for? Being a fiscal conservative despite the Democratic label.

Thaddeus McCotter said today on Beckman that would be a big step forward for Obama.

DennyMcLain
02-18-2009, 11:08 AM
So do you think this bill is going to be the answer to each individual state's finacial problems?

Is this going to pull Michigan out of the rut?

Detroit looks like Beirut now, it's still going to look like Beirut ten years from now.

Creating jobs is great, I'm all for it. But where do you get the money to pay these employees? As businesses grow more successful, the more the government wants a bigger cut, so employees are still going to suffer.

You want to see the dow regain every single point it's lost since Nov 4? Then have Obama extend the Bush tax cuts beyond it's current expiration date. It would be the greatest move he could ever make in a time like right now. JFK-esque. What was JFK known for? Being a fiscal conservative despite the Democratic label.

Thaddeus McCotter said today on Beckman that would be a big step forward for Obama.

If the government is giving you money (i.e., GM and Chrysler) then government is going to want a return on investment.

As for "where" to get the money to pay all of these employees? Why don't you pack your bags full of the shit you're shoveling as go over to Iraq. Your gay lover Bush put it over there.

Glenn
02-18-2009, 11:10 AM
"do nothing" is not a silver bullet either Wil, so you can kill the straw man posts

Wilfredo Ledezma
02-18-2009, 11:15 AM
If the government is giving you money (i.e., GM and Chrysler) then government is going to want a return on investment.

As for "where" to get the money to pay all of these employees? Why don't you pack your bags full of the shit you're shoveling as go over to Iraq. Your gay lover Bush put it over there.

I agree on the first part. Which is why I think the banks should've never taken that bailout back in the fall.

The Iraq spending thing is in the past. Your never going to get that money back, so it's useless whining about it. Plus, its irrelevant to the question. If the government is going to create jobs, how do they pay their employees? You can't just create revenue and capital out of thin air.

Jimmy Carter tried this.

Uncle Mxy
02-18-2009, 11:28 AM
And the war against science continues...


$450 million for NASA (carve-out for “climate-research missions”)
$600 million for NOAA (carve-out for “climate modeling”)
$600 million to convert the federal auto fleet to hybrids (NOBODY WANTS TO DRIVE A FUCKING HYBRID)
$1 billion for the manufacturing of advanced batteriess

Tahoe
02-18-2009, 11:44 AM
The Gov't does not have a penny of this money. Its all deficit spending. Our debt will be even more ginormous.

How do you think financial markets and banks are going to react knowing for the Gov't to pay all of this off they will have to raise taxes or inflate the currency?

So maybe when we pay a dollar back it won't even be worth a dollar.

We go into recessions and we come out of them. I don't see our Gov't as the answer to this...especially with this spending bill right now.

Its too bad Congress wouldn't have cut spending. But with them spending well over a Trillion of our taxpayer dollars, what are the chances of that?

This is a tremendous amount of debt for the next generation to pay off.

Glenn
02-18-2009, 11:51 AM
This is a tremendous amount of debt for the next generation to pay off.

Didn't deter Reagan, did it?

Tahoe
02-18-2009, 11:52 AM
BTW..anyone hear about the Dems and Reps going on their 'executive retreats'?

The Dems and Repubs rented out an entire complex, rooms, spas, etc, (different locations btw) cuz they felt like they needed an offsite meeting. They normally do these type of things annually, but it seems like maybe the thieves could have taken a year off.

It sounded like they really got pampered and played some tennis. Good for them.

Tahoe
02-18-2009, 11:55 AM
One could make the argument (I've seen it done pretty well too) that a lot of that was defense spending that broke Russia. Yes, there was other spending but not to the extent of this bill.

Uncle Mxy
02-18-2009, 12:02 PM
The Gov't does not have a penny of this money. Its all deficit spending. Our debt will be even more ginormous.

How do you think financial markets and banks are going to react knowing for the Gov't to pay all of this off they will have to raise taxes or inflate the currency?

So maybe when we pay a dollar back it won't even be worth a dollar.

We go into recessions and we come out of them. I don't see our Gov't as the answer to this...especially with this spending bill right now.

Its too bad Congress wouldn't have cut spending. But with them spending well over a Trillion of our taxpayer dollars, what are the chances of that?

This is a tremendous amount of debt for the next generation to pay off.
If the the guv'mint doesn't spend, the banks don't lend, and the businesses end, that'll make us on the mend?

Tahoe
02-18-2009, 12:12 PM
I'm not saying do nothing

Glenn
02-18-2009, 12:13 PM
Some (R)'s are.

Tahoe
02-18-2009, 12:18 PM
Yea, I've heard them. I think, (my spin) is that they are saying 'doing nothing' is better than this bill. I can't say that I disagree with them. Not sure about that though.

Some peeps really feel Gov't intervention to this extent is the worse thing to happen...especially since its all deficit spending. If the theives could have cut something ANYTHING it would have helped pay for some of this. Instead this will increase the size of 'our' gov't and public sector jobs.

Wilfredo Ledezma
02-18-2009, 01:06 PM
When will stagflation kick in?

2012??

DennyMcLain
02-19-2009, 01:33 AM
I agree on the first part. Which is why I think the banks should've never taken that bailout back in the fall.

Thanks... sort of.


The Iraq spending thing is in the past. Your never going to get that money back, so it's useless whining about it.

That's the whole fucking point, assclown. THAT money is gone forever. THIS money can be paid back in the form of commerce.


Plus, its irrelevant to the question. If the government is going to create jobs, how do they pay their employees? You can't just create revenue and capital out of thin air.

WHAT DO YOU THINK THE SPENDING PACKAGE IS FOR? DO YOU HAVE ANY CLUE WHAT YOU'RE TALKING ABOUT????


Jimmy Carter tried this.

FUCK JIMMY CARTER!!!!

Wilfredo Ledezma
02-19-2009, 03:35 PM
WHAT DO YOU THINK THE SPENDING PACKAGE IS FOR? DO YOU HAVE ANY CLUE WHAT YOU'RE TALKING ABOUT????

Government spending doesn't increase aggregate consumption. Plus none of the jobs it creates are sustainable. Infrastructure work is short-term.

DennyMcLain
02-19-2009, 05:52 PM
Government spending doesn't increase aggregate consumption. Plus none of the jobs it creates are sustainable. Infrastructure work is short-term.
Infrastructure work isn't just government "employment". It's steel, concrete, wood, electrical and other materials needed to build a bridge, or a dam, or railways, or whatever. These materials are supplied by companies currently laying off huge numbers (or going under) due to low growth in development, and these companies are middle men for raw material companies supplying them the wood, steel or whatever. This helps the steel mills and the loggers and the copper mines, etc. etc.

Consider it fuel for a fire. If the logs are dry enough, the fire can take. If the logs are too moist, it won't. The key is to get fuel on those logs and light them before the rain of despair soaks them so completely that no catalyst will work.

It's a trickle up effect that, if performd wisely, can work. Oh, I forgot to mention all of the taxes on those goods, for both the state and federal sides.