Posted on 01/28/2009 9:17:57 AM PST by Ernest_at_the_Beach
The Wall Street Journal calls it the “40-year Wish List”. Michelle calls it the “Generational Theft Act”. Others have started calling it the Obama-Pelosi-Reid Debt Act. Whatever name one gives it, the least likely is stimulus. The WSJ calculates that no more than 12 cents on the dollar in the trillion-dollar whale goes to actual economic stimulus, and that the rest go to Democratic wish lists for electoral advantage:
We’ve looked it over, and even we can’t quite believe it. There’s $1 billion for Amtrak, the federal railroad that hasn’t turned a profit in 40 years; $2 billion for child-care subsidies; $50 million for that great engine of job creation, the National Endowment for the Arts; $400 million for global-warming research and another $2.4 billion for carbon-capture demonstration projects. There’s even $650 million on top of the billions already doled out to pay for digital TV conversion coupons.
In selling the plan, President Obama has said this bill will make “dramatic investments to revive our flagging economy.” Well, you be the judge. Some $30 billion, or less than 5% of the spending in the bill, is for fixing bridges or other highway projects. There’s another $40 billion for broadband and electric grid development, airports and clean water projects that are arguably worthwhile priorities.
(Excerpt) Read more at hotair.com ...
Is ANYONE paying attention anymore???
This “stimulus” package that does nothing to stimulate the economy. There is only one form of government fiscal action that will stimulate the economy—letting the workers of America keep/spend/invest more of the money they earned.
Øbama is on a steamroller to avoid bankrolling his socialist agenda in drips and drabs over 4 years. He’s trying to shove it down our throats in one fell swoop under the guise of economic salvation. I don’t buy it.
40-year democrat Wish List comes true led by the top idiot obama.
I like the name Obama-Pelosi-Reid Debt Act.
Too long for a keyword so I setup oprdebtact2009 as a semi official keyword....
Rush Responds to Democrat E-mail Petition Against Him: "I am greatly puzzled. Why would the Democrats petition against me if I am doing such terrible damage to the GOP? "
Reverse Petition:Click here to tell the DCCC and all other Democrats it is time to stop lying about and distorting Rush's comments on Barack Obama's War on Prosperity.
Thanks Rush.
I posted my comments.
You post yours.
Back in 1990, the Government seized the Mustang Ranch, a brothel in Nevada, for tax evasion and, as required by law, tried to run it.
They failed and it closed.
Now we are trusting the economy of our country to a pack of nit-wits who couldn’t make money running a whore house and selling booze?
ROFL!
Well we have a new leader and he has a better Plan....
Gives me a great idea for a new tagline...
It's easy to do. Look it up on the internet if you don't already know who your rep is. The person took my name and address.
This bill will wreck the country and our savings. It has nothing to do with stimulus.
I urge everyone to do so ASAP.
Good tagline!
It’s over people. This is the beginning of the end. As fast as president Urkle is moving it will be impossible to untangle the mess he will make in the next 4 years, especially with the media covering for him all the way.
A government big enough to give you everything you want is a government big enough to take from you everything you have.
-Gerald Ford
a pack of nit-wits who couldn’t make money running a whore house and selling booze?
—
sounds like the Kennedys, well .. the booze part. ;-)
Absolutely brilliant point!
Welcome to Chicago-style government.
This congress (repubics & dims) could Fu*k up a one car funeral.
Rofl!
U. S. House of Representatives
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