Posted on 02/03/2009 6:39:38 PM PST by neverdem
1. The $825 billion package will exceed $1.1 trillion after the interest ($300 billion) to pay it back is added in.
2. The legislation could send billions of taxpayer dollars to groups like ACORN, which is under federal investigation for voter fraud.
3. The plan spends $650 million on digital TV coupons.
4. $600 million for new cars for the federal government.
5. $6 billion for colleges/universities -- many of which have billion-dollar endowments.
6. $50 million in funding for the National Endowment of the Arts.
7. $150 million for the Smithsonian Institution.
8. $44 million for repairs to U.S. Department of Agriculture headquarters in D.C.
9. The plan establishes at least 32 new government programs at a cost of over $136 billion.
10. The legislation increases by seven million the number of people who get a check back from the IRS that exceeds what they paid in payroll and income taxes.
Sorry if anyone is bored with me posting this, but it’s a very good reference.
Take your blood pressure meds before going there, though. ;)
Number 10 is particularly unsettling. Refundable tax credits confuse the concept of tax policy with that of public charities.
It suddenly morphs welfare recipients who are wards of the state into “taxpayers” at least in the minds of those with skulls full of mush- an ever growing segment of the people.
Just 10?
Numbers 1-10. It expands government to advance socialism, takes the people’s freedom and renders the Constitution that much more irrelevant.
My favorite is the rebate/tax credit checks that supposedly give some back their SS and medicare taxes, but guess what? They get their full SS+medicare untaxed, unlike us.
Thanks for the link.
"Obama’s talking about creating millions of jobs. The government can’t create any jobs. The government doesn’t have any wealth. All the government can do is redistribute the wealth that the private sector creates. And if the government is going to take resources away from the private sector, it’s going to destroy real employment opportunities and diminish our standard of living."
If you think both parties in Washington think our money is theirs and you trust them to do the wrong thing, this list is for you.
If you think there is a Santa Claus who is going to get elected in Washington and cut a few taxes and spend a few trillion and will jump start the economy this list is not for you.
You can read past posts by clicking on : schifflist , I try to tag all relevant threads with the keyword : schifflist.
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***Top 10 Bad Things About the Democrats’ ‘Stimulus Package’***
1) The first $82.5B
2) The second $82.5B
3) The third $82.5B
4) The fourth $82.5B
5) The fifth $82.5B
6) The sixth $82.5B
7) The seventh $82.5B
8) The eighth $82.5B
9) The ninth $82.5B
10) The tenth $82.5B
That what I thought too. Just 10?
Each week Human Events has a “Top 10 List.”
Thanks for the link.
You’re welcome. They’re doing an excellent job of sorting this out for us. When you’re on the home page, click to sort the list as “least important” and you’ll see millions and millions that they’re planning on cutting.
Well, I HOPE they are, LOL!
Just kidding. : )
number 10 is essentially what was attributed to sinking McGovern’s run for the WH in 1972. This is a dumber generation.
thanks. I bookmarked for the upcoming fight.
Tax cuts are NOT transfer payments. If someone gets a check and they didn't pay taxes last year... they are on WELFARE! Get it America???????
In other words we're about to get screwed.
I laughed a little. And then I cried. Too true.
The President Is Not a Gun Slinger Why the 2nd Amendment is safe under President Obama—for now We'll see.
US supply routes in Afghanistan squeezed 2 ways
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