Posts Tagged ‘Stimulus’

It is time to cut our losses and the Democrats, along with any RINOs that are sucking up precious oxygen.

Stimulus fizzle has Democrats worried
by Ed Morrissey

And well they should.  Democrats put down an $800 billion bet and locked Republicans out of the room in placing it.  They know their party and their President completely owns the results — and those aren’t looking good at all.  And like any bad gambler, they want to double down on a lost hand:

Five months after Congress approved a massive package of spending and tax cuts aimed at reviving an ailing economy, the jobless rate is still climbing and the White House is scrambling to reassure an anxious public that President Obama’s prescription for economic recovery is on the right track.

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Here’s a couple of great reads by Victor Davis Hansen:

Our Battered American

I am meeting a few battered Americans these days. There are not many left, but those that are seem to sound alike. Yes, I think I am beginning to understand Mr. Battered American, and he sounds tired and a bit like this.

“I’m sorry Mr. President, but we are just not dictatorial in the Middle East. You said the Saudis, not America, showed courage over there. But, Mr. President, the Saudis, they live under Sharia law! And my God!—they once engineered crippling oil boycotts against our nation. And wasn’t it they who produced 15 of the 19 killers on 9/11? So no, Mr. President, those Saudis—they simply are not courageous. Now Mr. Biden, there is no reason to set the reset button on foreign policy, as you promised all those Europeans. None at all. Tell that resetting stuff instead to Ahmadinejad, Chavez, that Korean nut, Putin, and all the other thugs who kill and cause misery, but not to our America that saves and feeds and helps. Mrs. Clinton, it’s now your turn. We are not impulsive as you told the world. So you can stop apologizing for America’s recent behavior—unless you think the world would be a better place with the Taliban, and Saddam and his two boys in power. Or maybe Europe should have Schroeder and Chirac back, or Libya with nuclear weapons, or Khalid Sheik Mohammed freed from Guantanamo. Or maybe America shouldn’t have given that $15 billion for AIDs relief in Africa, or helped with earthquakes in Pakistan and tsunamis in Indonesia. Now all that was sorta impulsive.”

As he thinks about this apology business, the battered American always gets a little angrier, “And another thing. Mr. Holder, I’ve never said or done a racist thing in my life, not one. Always supported equal opportunity, always will. So don’t call me a “coward” or my countrymen “cowards,” not when you’re my Attorney General. You are The Attorney General of the United States of America, so please, no more playing Al Sharpton or Jesse Jackson, leveling the latest shake-down charge on television. That’s not really in your job description to call your own countrymen “cowards.” When I was in high school I was taught that name-calling like that might be what they said was “projection.” So maybe, just maybe, you have been cowardly—and arrogant too—but not those whom you accused of all that. At least if someone asked me to help pardon a fugitive on the FBI’s most wanted list, I would have said “no.” Always, no exceptions, period! Anything else? That would be cowardly.”

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And another:

Some Reflections in the Times of Hysteria

Imagine…

Had anyone said a few months ago that the federal government would step in to provide a trillion dollars to subsidize gasoline—to bring it down to $1.85 a gallon nationwide from prices that were exceeding $4 a gallon—we would have had a national debate. And yet as quietly as the Iraq war cooled down and was ignored, so too we think nothing of the hundreds of billions of dollars saved in reduced energy costs. For the average driver who puts 15,000 miles on his car per year, the annual savings (depending on regional prices, miles per gallon, and the amount and type of miles driven) could reach $1500-2000.

Or contemplate again: What if the Chinese had announced three years ago that in a spirit of good will they would begin buying trillions of US Treasury bond at a .5% interest rather than the 3-5% of the recent past. The result, of course, would be a multi-billion-dollar stimulus for the indebted US economy that would enjoy a temporary reprieve from the cost of its indebtedness. (Remember, in the Carter years T-bills and US bonds were paying out 8-12% and more).

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It’s about the jobs? Some jobs, those that government provides, are generally useless to the public at large. They do nothing to stimulate growth, or quality of life that the free market has and continues to do.

Most of the garbage in this bill that does actually create a job is in the construction industry. What about that poor slob that is a car salesman? How does that help him? Just sayin’.

Obama’s Stimulus Creates Useless Jobs

by Ben Shapiro

There’s one reason, and one reason only, that President Barack Obamas stimulus passed so swiftly through Congress: Most Americans are worried about their jobs. And Barack Obama promises to save or create four million jobs. Even Obama’s most ardent opponents embrace the make jobs programs embedded in the stimulus. Construction projects that put people to work, that fits the bill, Sarah Palin told Greta Van Susteran of Fox News. But these big, huge, expanded social programs that’s not right, that’s not fair.

Neither Republicans nor Democrats get it. The problem isnt just the pork barrel social welfare spending. It’s not merely the redistributionist scheme disguised as tax cuts. The public relations backbone of this bill — government spending on our nations crumbling infrastructure — is misguided. While the country’s infrastructure may need revamping, this sort of spending will not stimulate the economy. It will not create the kind of jobs Americans need.

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On the porkulus bill. This is bad for America. In fact, it will make things much worse than they are. I ask all of you to hold Obama and his cronies in Congress accountable for this. It is their doing. If it succeeds, America will no longer be the same one you grew up with. It will be similar to Hugo Chavez’ Venezuela.

As I am sure you can tell, and at least 70% of America agrees, the so called ‘stimulus’ bill is a true porker. I can’t express my anger in the way I would like, you know, my id is trying to free itself. Psych folks should get that one.

If not: id.

Overstimulation

By Jon N. Hall

When Democrats campaigned to retake Congress in 2006, they ran on PAYGO.

PAYGO (pay-as-you-go) is a commitment to not expand the federal budget deficit. With PAYGO, spending for new programs would be “deficit-neutral,” as it would be offset by cuts elsewhere in the budget. Nancy Pelosi said she was committed to PAYGO and wanted PAYGO to be “the law of the land.”

Fiscal Year 2007 began October 1, 2006, when the Republicans were still the majority party. The federal budget deficit for FY 2007 was $162 billion. The Democrats have been in control of the budget for the last two fiscal years, and the deficit for FY 2009 is now estimated to hit $1.2 trillion. So, whatever happened to PAYGO? Unfortunately, PAYGO seems to be dead.

When the dimensions of the financial crisis became apparent in September 2008, pundits opined that the Democrats’ plans for universal health care and other new programs would need to be shelved; there just wasn’t any money for new spending.

But now the Democrat Congress tells America that the economy needs a “jolt,” a “jumpstart,” a stimulus bill entailing massive deficit spending. At a conference for House Democrats on February 5, President Obama mocked those who differed with him on the stimulus bill:

So then you get the argument, “Well, this is not a stimulus bill, this is a spending bill.” [Dramatic pause.] What do you think a stimulus is? That’s the whole point.

If mere deficit spending could produce an economic stimulus, then America should have been stimulated every year since 1930. The most generous accounting for the federal budget (the “unified budget”) shows that Congress produced 12 balanced budgets in 79 years. There were three immediately after World War II; four in the 1950s; FY 1969; and four during the recent bubble economy, FY 1998 through 2001. So during the last 40 years Congress has stimulated us for 90 percent of the time.[1]

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Related:

Unstimulated

by Salena Zito

If you placed a bet during the presidential campaign season on whether Barack Obama, Nancy Pelosi and Harry Reid were serious about hitting the ground running when they took over Washington, you probably have extra change in your pocket.

Whether it is George Bush with Iraq or Obama with the economy, politicians always have a bias for action. Obama’s action today is economic recovery — on speed.

The rush by the White House and Congress to “fix” things has been mind-numbing. But can’t anyone pause long enough to make sure that what’s being signed into law really is the right thing?

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Related:

The Stimulus: Yes We Can’t

by David R. Stokes

Addressing the Democratic Party faithful last week in Williamsburg, Virginia, President Barack Obama brought the house down with a now-famous bit of political sarcasm about the stimulus package. The bill is now ready for the president’s signature, having emerged from the congressional laws-and-sausages-making mill. The specialty is pork sausage, by the way.

During his remarks that night, Mr. Obama mocked some who have been characterizing the package as merely a “spending bill.” He asked, “What do you think a stimulus is? That’s the whole point.” Then as the audience burst into laughter and applause (one could almost hear a Ralph Kramden-like “Har Har Hardy Har Har”), he added, “No, seriously, that’s the point.”

Seriously? Really?

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Billions and Billions and Billions… Oh My!

The massive government interference and spending bill known as the stimulus package has passed Congress and awaits President Obama’s signature. Throughout the legislative process, it was disheartening to see just how much was spent on earmarks. Remember when the Democrats took control of the House, and Nancy Pelosi vowed to reform earmarks?

Now, during this debate, the arrogance of the left-wing Washington elite was taken to a new level. Sen. Chuck Schumer (D-NY) actually spoke before Congress and said that the American people don’t care about wasteful earmarks. President Obama stood before the American people at his primetime press conference and said the bill has NO pork at all. Come on! Let’s take a look at how wrong he really is…

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Want to know where all that pork is going and how much?

http://www.stimuluswatch.org/

Very extensive site with all the details. Lists everything out in different ways.

This shit will make you gag. America is really going to suffer with this one. Your government – Providing hours of entertainment at the click of a mouse!

Here’s a tidbit: $17,500,000,000 is the most expensive, one of the least necessary and not even going to one of the 50 states. Puerto Rico is getting the lions share on one of its pet projects. Fucking sick.

According to Mike Huckabee it is. It doesn’t surprise me, the left has always felt that Christianity would be their doom.

Huckabee: Stimulus is ‘anti-religious’

Former Arkansas Gov. Mike Huckabee warned supporters Tuesday that the $828 billion stimulus package is “anti-religious.”

In an e-mail that was also posted on his blog ahead of the Senate’s passage, Huckabee wrote: “The dust is settling on the ‘bipartisan’ stimulus bill and one thing is clear: It is anti-religious.”

The former Republican presidential candidate pointed to a provision in both the House and Senate versions banning higher education funds in the bill from being used on a “school or department of divinity.”

“You would think the ACLU drafted this bill,” Huckabee said. “For all of the talk about bipartisanship, this Congress is blatantly liberal.”

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Sign the petition! If this goes through, America is fucked. It’s that simple.

No Stimulus

This Fight Is Not Over

We still have two chances to win in the House or Senate!

The Senate mustered 61 votes to squeak through the Collins/Nelson amendment, better known as the “compromise” stimulus plan.

If you listen to the mainstream media, this means the fight is over, Nancy Pelosi, Harry Reid, and President Obama win, and it’s time to move on. Not so fast!

The bill will go to a conference committee to work out differences between the House and Senate versions. The conference committee will be a brand-new feeding frenzy of wasteful pork projects.

Whatever comes out of conference committee will be another very tough vote in both the House and Senate.

If we keep the pressure on, we can win!

What Does the So-Called “Stimulus Package” Mean For You?

It means you pay.

You pay for more bailouts, more giveaways, more wasteful spending…and your children and grandchildren pay for trillions of dollars of debt.

But you can fight back right now. By signing the petition, you can join the thousands of Americans who are saying NO!

NO to more taxpayer-funded bailouts and giveaways to special interests!

NO to using economic hardship as an excuse for Big Government power grabs!

NO to heaving trillions of dollars in new debt on the backs of our children and grandchildren!

NO to this no-stimulus scam!

Follow the links on the right to contact your elected officials, learn how you can tell your friends and family why this new scheme will hurt taxpayers, and invest in the movement that is fighting back!

Way to go Republicans! Nicely done. Make nice and then rub their noses in shit. This bill is your crap sandwich, you eat it.
It’s not Obama they’re against, it’s the dumb asses in his party. I don’t believe that line either, but it sounds good.

Cutting $6 billion off of the crap sandwich and calling it a gesture towards the Republicans by the Democrats is rich. Now they scream for bipartisanship. Where was that when the Republicans were running things?

Another thing I’m hearing is that we can’t talk shit about Der Fuhrer. It’s “un-American” and divisive. What a crock. Divisive is what the Democrats did for the last eight years. Douche-nozzles.

Missing in Package: Bipartisan Support

WASHINGTON — President Barack Obama has talked often about working toward a new bipartisanship in fractious Washington, and has met frequently with Republicans, hoping to win support.

The net result of all that outreach? Not a single Republican supported Mr. Obama’s economic recovery package on the House floor Wednesday night. It passed 244-188, with 11 Democrats joining the Republicans.

The solid Republican opposition, led by House Minority Leader John Boehner (R., Ohio), raises questions about whether the new era of bipartisanship that Mr. Obama promised during the campaign is truly within reach, or if Washington remains stuck in its acrimonious ways. Most immediately, the vote may mean that Democrats have to make more compromises in the Senate version of the recovery package, which is scheduled for a vote next week.

In the Senate, a vote that falls short of 60 senators supporting a bill allows the opposition to filibuster, or block passage through indefinite debate. But some Republicans are signaling privately that they are reluctant to filibuster the stimulus package, and Senate Democrats appear to be reaching out more aggressively to address GOP concerns on the bill.

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Do any of you really think that this so called stimulus package will do the American economy any good? I hope you realize that whatever these knuckleheads in Congress do isn’t going to touch the economy until at the earliest, 2011.

Also, the 7%, or so that does hit the economy right away, is all BS spending that isn’t going to help anything. Peter Ferrara discusses it in more detail.

Good Morning, Suckers

By Peter Ferrara

Barack Obama and Congressional Democrats are playing the voters for fools with the so-called stimulus package. The massive $825 billion package is not even targeted on programs to stimulate the economy. Instead, it is laced with runaway government spending for increased welfare, overgrown bureaucracy, pork, political payoffs, and other waste. That runaway spending is causing record smashing deficits of $1.5 trillion or more, equivalent to over 50% of the entire federal budget for fiscal 2008.

For example, the “stimulus” package includes $50 million for the National Endowment of the Arts to help “the arts community throughout the United States.” Wouldn’t want our economy to get behind in the international arts competition. The government is going to borrow $50 million out of the private economy to spend on this, which will result in a net loss of economic output rather than a net gain.

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Related:

ACORN’s Stimulus

By Matthew Vadum

With a new president ensconced in the White House, it’s time to roll out the goodies for loyal supporters in left-of-center political advocacy groups such as ACORN.

The latest economic stimulus bill promises to do just that by providing a huge bailout –up to $5.2 billion in taxpayer funds — for some of the same liberal groups that helped get Barack Obama elected.

The three relevant fiscal provisions are buried deep in the $825 billion monstrosity known as the proposed “American Recovery and Reinvestment Act of 2009.”

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“Stimulus” you can’t afford

Now online: Searchable text version of Senate Generational Theft Act; House Dems’ package tops $1.1 trillion

Stimulus stupidity alert: $460,000/Coast Guard job, $1.5 bil “carbon capturing contest,” $400 mil Chlamydia/HIV tests, $45 mil for ATV trails & more!