Obama to Call for $50 Billion Spending on Public Works

New York Times ^ | September 6, 2010 | SHERYL GAY STOLBERG

[Gabrial]

Hussein:

The country is broke. We are trillions in debt. There is no money to spend. You can't borrow your way to financial prosperity. Stop it. Now.

[kcvl]

“Obama Economic Team: Stuck on Stupid”

I’m so sick of him!!!!

[concerned about politics]

$50 billion in government spending to start up a long-term public works plan

Public works? What about nongovernmental workers? They're the engine that runs this country, or, at least, they were the engine (which is why this country is going nowhere).

[concerned about politics]

White House officials said Mr. Obama wanted to rebuild 15,000 miles of roads, construct and maintain 4,000 miles of railway – enough track to span the continent — and rehabilitate or reconstruct 150 miles of airport runways while putting in place a system that would reduce travel time and airport delays.

Why? No one will be using them. No one is to going to work anymore.

[devane617]

I thought we just spent 750 billion? Where the heck did that money go?

[Monkey Face]

What a fiscal idiot.

[hal ogen]

So...nobama (the Destroyer) has already fiscally screwed us, our children and our grandchildren. Now he wants to got after our great grandchildren. PUTZ!

[Monkey Face]

I wouldn’t exactly call him a putz. My opinion is probably a little behind the times...

[nfldgirl]

I am so pissed to hear this bozo touting another $50B so-called “stimulus.” What a frickin JOKE! Where the hell did nearly $800B stimulus from just one and a half year ago go? How in the H-E-double L is another $50B going to make any frickin difference? Are people truly this stupid, dumb to think that now all of a sudden the economy is going to turn around because el-bozo presidente announces another $50B stimulus? WAKE UP AMERICA!!!

[KTM rider]

we have a 200 million freeway upgrade through our town . It employs about 25 workers a day.....don’t belive me ?/ drive by and count em

[luvie]

I wonder how many times GWB was referred to as ‘Mr.’ Bush by the NYT?

Zero?

[luvie]

[KTM rider]

I thought we just spent 750 billion? Where the heck did that money go?

the "stimulus" went to pay off foreign "investors" who gambled on hedge funds and "lost", the money went to fund the run on the banks to cash in (8/2008)

Over 100 million americans lost when their home values crashed after the run on the banks, many lost cash not covered by FDIC, still more lost on 401K's, .....but the Soros' of the world get a "bailout" from the Obamunistas

taxpayers just get more debt piled on to fund it

[Hammer Tym]

Where did he come up with the 50 billion? Why not 50 trillion? Public agencies can find a way to spend any amount of money printed for them.
This is like a money laundering scheme. Take the money from taxpayers (or print it or borrow it), give it to public agencies, and those agency employees’ unions then give it back to Obama and Democrats in the form of campaign spending/donations.

[The Theophilus]

So, let me get this straight...he is going to kill all of the incentives to drill for oil and gas in this country, and then he is going to slap a carbon tax on us, effectively killing the oil and gas industry. Hope you folks don’t mind paying $10 a gallon to our saudi allies.

You forgot the punchline to this joke: All of this money is to be spent on transportation infrastructure. First make it prohibitively expensive to travel in any way shape or form, then build runways for planes no one can afford to fly, railways to transport goods no one can buy, roadways for cars no one can afford to operate.

Its a beautiful thing once you can imagine it.

[cookcounty]

"long-term public works plan emphasizing transportation projects – roads, rail and airport runways – over the next six years. "

Even if it were passed today, the only money that would be spent in the next 18 months is lawyers fees and consultants fees.

The astonishing stupidity of this administration is beyond comprehension.

[Sad Hill]

http://sadhillnews.com/

[M. Espinola]

The Obamatrons are pushing America into a total economic depression.

[Cheerio]

Good GOD - how much of a payback will be sufficient for his public sector union buddies? Will they ever get enough?

Insanity: doing the same thing over and over again and expecting different results. Albert Einstein,

[Weird Tolkienish Figure]

Payout to his union buddies.