Stimulus Package

[Gen]

Did unnu really check out some a things supposedly in it ?

a lot of WASTE

barry is definitely in fi a rude awakening and I wish he would stop yelling fire in the crowded theatre. everytime mi pass the tv mi see den qoute him like the world a guh end if it nuh pass TODAY

[ILP]

Re: Stimulus Package

dem seh it gwine reach 1 trillion before it pass.

[Ephratahe]

Re: Stimulus Package

Fox news is arguing that it will increase unemployment because it offers so many rewards to those not working, that those who are will want to quit their jobs in oder to obtain these 'unemployment' benefits. After reading it, the maccabre part of me went "wow, so that means jobs will definitely be available with this package since people will be quitting their jobs to obtain unemployment benefits" *lol*.

[RichD]

Re: Stimulus Package

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: DoneWidDem_ILP</div><div class="ubbcode-body">dem seh it gwine reach 1 trillion before it pass. </div></div> i think it goin to go the opposite way before it pass ..more like 500 Billion

[Gen]

Re: Stimulus Package

part of it here, at least this one mek some sense, some a the oddas waaan delete

<span style="font-weight: bold">The proposal would allow a tax credit of 10 percent of the value of new or existing residences, up to a $15,000 limit. Current law provides for a $7,500 tax break but only for first-time homebuyers. </span>

[Cultcha]

Re: Stimulus Package

It's been a long time since my package has been stimulated.

[RichD]

Re: Stimulus Package

im sure some here will appreciate you sharing that...

[Gen]

Re: Stimulus Package

enuh. kissteet

[Tuff Gong]

Re: Stimulus Package

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Gen</div><div class="ubbcode-body">I wish he would stop yelling fire in the crowded theatre.</div></div>
You think he is?

[RichD]

Re: Stimulus Package

What Is Congress Stimulating?
By Daniel Henninger


Contrary to conventional Beltway wisdom, the House Republicans' zero votes for the Obama presidency's stimulus &quot;package&quot; is looking like the luckiest thing to happen to the GOP's political fortunes since Ronald Reagan switched parties. If the GOP line holds, the party could win back much of the goodwill it dissipated with its big-government adventures the past eight years.

For starters, notwithstanding the new president's high approval rating, his stimulus bill (ghost-written by Nancy Pelosi) has been losing altitude with public opinion by the day. People are nervous.

Then after Tim Geithner scampered through the tax minefield and into a Cabinet seat, the Daschle tax bomb went off, laying open for public view the world of Washington's pay-for-favors that makes the average Wall Street banker look like Little Bo-Peep.

Conventional wisdom holds that the Republican refuseniks shot themselves in the foot by staying off the House stimulus package. Real wisdom holds that congressional Republicans should consider putting distance between themselves and anything Democratic just now. The party's crypts are opening.

The Democratic Congressional Campaign Committee, with an apparently recession-proof cash hoard, is running radio ads against 28 House Republicans. The theme of the ads is &quot;Putting Families First.&quot;

Families first? The only family standing at the front of the stimulus pay line is the federal family. Read the bill.

Check your PC's virus program, then pull down the nearly 700 pages of the American Recovery and Reinvestment Act. Dive into its dank waters and what is most striking is how much &quot;stimulus&quot; money is being spent on the government's own infrastructure. This bill isn't economic stimulus. It's self-stimulus.

(All sums here include the disorienting zeros, as in the bill.)

Title VI, Financial Services and General Government, says that &quot;not less than $6,000,000,000 shall be used for construction, repair, and alteration of Federal buildings.&quot; There's enough money there to name a building after every Member of Congress.

The Bureau of Land Management gets $325,000,000 to spend fixing federal land, including &quot;trail repair&quot; and &quot;remediation of abandoned mines or well sites,&quot; no doubt left over from the 19th-century land rush.

The Centers for Disease Control and Prevention are getting $462,000,000 for &quot;equipment, construction, and renovation of facilities, including necessary repairs and improvements to leased laboratories.&quot;
The Opinion Journal Widget

The National Institute of Standards gets $357,000,000 for the &quot;construction of research facilities.&quot; The Oceanic and Atmospheric Administration gets $427,000,000 for that. The country is in an economic meltdown and the federal government is redecorating.

The FBI gets $75,000,000 for &quot;salaries and expenses.&quot; Inside the $6,200,000,000 Weatherization Assistance Program one finds &quot;expenses&quot; of $500,000,000. How many bureaucrats does it take to &quot;expense&quot; a half-billion dollars?

The current, Senate-amended version now lists &quot;an additional amount to be deposited in the Federal Buildings Fund, $9,048,000,000.&quot; Of this, &quot;not less than $6,000,000,000 shall be available for measures necessary to convert GSA facilities to High-Performance Green Buildings.&quot; High performance?

Sen. Tom Coburn is threatening to read the bill on the floor of the Senate. I have a better idea: Read it on &quot;Saturday Night Live.&quot;

Such as the amendment to Section 2(3)(F) of the Longshore and Harbor Workers' Compensation Act, which will permit payments to guys employed to repair &quot;recreational vessels.&quot; Under Incentives for New Jobs, we find a credit to employ what the bill calls &quot;disconnected youths,&quot; defined as &quot;not readily employable by reason of lacking a sufficient number of basic skills.&quot;

President Obama is saying the bill will &quot;create or save&quot; three million new jobs. The bad news is your new boss is Uncle Sam.

Senate Minority Leader Mitch McConnell says, &quot;Everybody agrees that there ought to be a stimulus package. The question is: How big and what do we spend it on?&quot;

Sen. McConnell should reconsider. He knows that the Bush-GOP spending spree cost them control of Congress in 2006. Thus, &quot;How big?&quot; is not the question his party's constituents (or horrified independents) want answered. This is a chance for the GOP to climb down from its big-government dunce chair. Until that reversal is achieved, there is no hope for this party.

I think that behind the bill's sinking public support is the sense that it won't work and its cost is dangerous. The bill's design, an embarrassment to Rube Goldberg, is flawed. Even were one to grant the Keynesians their argument, this is a very mushy, weak-form stimulus.

Rather than try to &quot;reform&quot; it, which won't happen, Sen. McConnell should ask President Obama to pull it and start over. One guesses that privately the president's economic team would thank the senator. If he won't pull it, the Senate Republicans should walk away from it. This bill is a bomb. It may wreck more than it saves.

[Magician]

Re: Stimulus Package

I'm with Wanda on this one.

<span style="font-weight: bold">I want receipts damn it!</span>

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[Tuff Gong]

Re: Stimulus Package

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body">What Is Congress Stimulating?
By Daniel Henninger</div></div>

The same World Economy that Bush crashed!

[Tuff Gong]

Re: Stimulus Package

<a href="http://www.boston.com/news/politics/politicalintelligence/2009/02/obama_rallies_d.html" rel="nofollow" target="_blank"><span style="font-family: 'Arial Black'">Obama rallies Democrats on stimulus</span>
Posted by Foon Rhee, deputy national political editor
February 5, 2009 08:36 PM</a>

<span style="font-family: 'Courier New'">President Obama praised House Democrats tonight for passing their version of his economic recovery plan, saying they
&quot;acted with a discipline&quot; that matches the gravity of the crisis.

&quot;You know what's at stake,&quot; he told them, saying when they go home to their districts they see all the struggling families and shuttered businesses. The Democrats are having their three-day annual retreat at the Kingsmill Resort &amp; Spa in Williamsburg, Va. -- and spending $100,000 on the event, according to the Associated Press.

Obama said the representative have &quot;my appreciation and admiration&quot; and more importantly the thanks of the American people.

Republicans and other critics, however, have something less than admiration for the $819 billion plan that passed without a single GOP vote last week. They say it is loaded up with pork-barrel projects that will do little to jolt the economy.

Obama, however, said Republicans are peddling the same failed policies that voters rejected and that helped put the country into recession.

To complaints that the bill is being pushed too swiftly, Obama said, &quot;we're moving quickly not because we want to jam something down people's throats,&quot; but because it's necessary to prevent millions more lost jobs.

To worries that the plan will increase the federal deficit, the new president said he found it when he showed up on the job.

To those who say there aren't enough tax cuts, he said it is well balanced between tax relief and new spending.</span>

<span style="font-family: 'Arial Black'">And to GOP criticism that the stimulus had turned into a spending plan, he replied, &quot;That's the point. Seriously, that's the point.&quot; </span>

[Dr.Dudd]

Re: Stimulus Package

I wish the Dems refuse to budge and let it take another 3 months to pass.
And let the chips fall where they may.

Then we will see the fire in the theatre for what it really is.

politics has passed too long for economics.

It is time it come to ot's awakenning.

[Tuff Gong]

Re: Stimulus Package

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Dr.Dudd</div><div class="ubbcode-body">I wish the Dems refuse to budge and let it take another 3 months to pass. </div></div>
I hope they don't take your advice:

<span style="font-family: 'Arial Black'">Presidential Speech on the Economy -
2-5-09.- AWESOME SPEECH - Part-1</span>

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