BLUE STATE BAILOUT

Roman Around ^ | 29 December 2008 | Andrew Roman

[andrew roman]

Senator Charles Schumer, from the state of New York - the state where the Governor is proposing a "fat tax" on sugary non-diet drinks, and the daughter of an ex-President who has never been elected to anything wants to be Senator - says that his state (my state) could get up to $18 billion dollars of federal stimulus package money (there's that phrase again) during the first two years of an Obama administration.

Did you catch that? Eighteen billion bucks to New York.

And for what?

The $800 billion economic package is expected to include $5 billion for New York as part of $80 billion to $100 billion in additional Medicaid payments to the states, Schumer said. That's meant to ensure Medicaid remains strong, and that states can avoid tax hikes and spending cuts that would counteract the federal stimulus, he said.

What was that? Medicaid in New York? Siphoned from wallets in Nevada and Louisiana?

How exactly does this latest slice of the "save us from ruin" stimulus package swindle mix in with the proposal by the National Retail Federation last week to create sales tax-exempt shopping days at the state level, only to have the federal government make up for any loss tax revenues by siphoning wallets in Nebraska and Missouri?

If the Feds actually made available to the public the seeds to those money trees they're obviously hoarding, they could eliminate the national debt quicker than Obama can say, "Anyone have a light?"

This would all be very funny if it weren't so nauseating.

Said the Senator from New York:

"President-elect Obama understands we have to push money into the economy or it will get worse. If the federal government is putting money in while the state governments are taking it out ... the government is giving with one hand and taking away with another."

He thinks that is convoluted?

Think about what is being proposed here.

The federal government will take money from taxpayers in Colorado, Utah and Mississippi, throw it all into a big hat in Washington, D.C., then redistribute it back to the states in ways they determine.

Isn't it amazing how the first instinct of Schumer, et al - the first resort - is to take away from its citizenry so that it can be redistributed to its citizenry?

Clearly, the situation is a complicated one - but just once I'd like to hear one of these bubble-headed "do-something" cocktail party jockeys mix in a "comprehensive income tax cut" or a "significant tax incentive for business owners" or something where more of one's own money being kept is at the core of a recovery plan.

According to Schumer's office, Congress and the transition team are working to have the stimulus measure signed in to law by the end of January, with a second package to follow the next year. That would mean $10 billion in direct additional health care aid to New York over the two years, though Schumer noted, "If the economy starts moving ahead, the second year may not come to pass."

You cannot make this stuff up.

Ladies and gentlemen, welcome to Blue State Bailout '09.

Just curious ... How many red states are asking for their own chunk of stimulus cake?

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[antonico]

Schumer is THE most reprehensible scumbag senator that’s ever lived. We should corral as many resources as we can to expose his horribleness and get him run out of the senate during his next campaign

[EGPWS]

How many red states are asking for their own chunk of stimulus cake?

Generally red states are politically "states rights" focused.

[blueyon]

Typical Liberal thinking....Spend irresponsibly and then ask for other peoples money... Why am I living in a smaller home with out granite counter tops or walk-in showers and new cars? I should just max out my credit and tell congress I need a bail out. Who needs to take responsibility for their own actions anyway.

[nkycincinnatikid]

Let’s be honest here.
The 800 billion financial bailout is overwhelmingly because of, and to the salvation of Wall Street.
Last time I was there it was in New York.