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Posts Tagged ‘stimulus package’

As summer dwindles down with the last of picnics this Labor Day weekend, unemployment numbers continue to rise.  Whatever President Barack Hussein Obama’s stimulus package was supposed to stimulate, it obviously did not occurr in the jobs sector and led us to a recession.  

The Labor Department reported that productivity grew at a 6.6% annual rate in the second quarter http://www.bls.gov/news.release/prod2.nr0.htm.  People are working hard in America as they have always done, even with the government’s debt projections well into the trillions. 

The latest means of government raising revenue to fund socialism, US congressman Peter DeFazio has introduced is HR 1068 which would tax financial transactions on Wall Street to repay TARP funds.  This Act may be cited as the `Let Wall Street Pay for Wall Street’s Bailout Act of 2009′. http://thomas.loc.gov/cgi-bin/query/z?c111:H.R.1068.  with text in its entirety here at http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=111_cong_bills&docid=f:h1068ih.txt.pdf.

Author Les Leopold and the AFL-CIO think this is a great idea saying, “this is the best moment since the 1930s to do something about our obscene mal-distribution of wealth and our ruinous, bloated financial sector.” http://www.huffingtonpost.com/les-leopold/labor-day-special-reward_b_277094.html 

The mal-distribution of wealth?  Whoa there Robin Hood!  It is American companies and the backbone of the American worker who supported the world economies for years.  Had bureaucrats and politicians done their job to inhibit and regulate blatant failures in the oversight of Frannie and Freddie Mac, AIG, and Madoff to name a few, the American economy would not have hit this bump on the road of democracy.  Don’t even put the blame on deregulation.  There are plenty of laws and taxes on the books that need enforcement, not layer upon layer of more regulation that allowed this scam of our tax dollars to occur. 

HR 1068 is an insult to American Capitalism. A fabulous example if you are into the whole lettering writing campaign to send to you representative against this tax can be found at http://alphaguy.blogspot.com/2009/02/my-letter-to-steny-hoyer-about-hr-1068.html.

On the one hand, the government recommends you invest on Wall Street with a 401k, IRA’s, stocks and bonds for your retirement to avoid the burdened social security program and then, wants to place an additional tax upon the transaction!  Who is the thief? 

“When an American says that he loves his country, he means not only that he loves the New England hills, the prairies glistening in the sun, the wide and rising plains, the great mountains, and the sea.  He means that he loves an inner air, an inner light in which freedom lives and in which a man can draw the breath of self-respect.” wrote, Adlai Stevenson.

Recently, President Obama was asked if he believed in American Exceptionalism.  The President of the United States of America replied: “I believe in American Exceptionalism, just as I suspect the Brits believe in British Exceptionalism and the Greeks believe in Greek Exceptionalism.”

The question wasn’t about patriotism, it was about exceptionalism!  Perhaps President Obama should have been more clear by saying something like, “In the new world order, everyone and every country will be exceptional.  My socialistic, Marxist policies will make individualism and the desire to create exceptionalism cease, along with America’s global economic, military, scientific and cultural dominance.”

“Afterburner with Bill Whittle” from Pajamas TV has created this fabulous video explaining to Bill Maher and President Obama the difference between patriotism and exceptionalism.  If you click no other videos today, make this be the one. 

http://www.pjtv.com/video/Afterburner_with_Bill_Whittle/_Bill_Maher,_Barack_Obama_and_the_Truth_About_American_Exceptionalism/2378/8861/

God Bless America this Labor Day and all the days.

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Obama has added further insult to all Americans saying that we have, “failed to appreciate Europe.”  Charles Krauthammer tore into Obama saying that “It’s hard to appreciate an entity’s leading role in the world when it’s been sucking on your tit for 60 years as Europe has.”

How does a sitting President jest at the same citizens he leads?   The same citizens who are bailing out the world with its tax dollars, promising to contribute funds to a global stimulus package. 

Being politically correct, note that it is suddenly offensive to refer to our government owned entities like GM and AIG as receiving bailouts, but rather government stimulus funds. 

Whether you call the domestic and international contribution a bailout or a stimulus, the money is funding The New World Order.  It’s not as if you weren’t warned, you just didn’t want to believe.   For better or worse, Gordon Brown has once again confirmed the future saying, “”This is collective action…we have resolved that from today we will together manage the process of globalization.”

Leaders at the G-20 summit have agreed to give $1 trillion to the International Monetary Fund and the World Bank for global unity and a financial strategy. 

We will have to wait to see how much Obama has promised at the G20 summit.  Who and what entity gives Obama the power to spend?  Who authorized Obama to wear a Mr. Goodwrench hat and authorize government backed car warranties?

The latest domestic budget is $3.6  trillion dollars and will create $9.6 trillion in debt.  From the WSJ, ” President Barack Obama delivered a $3.6 trillion budget blueprint to Congress Thursday that aims to “break from a troubled past,” with expanded government activism, tax increases on affluent families and businesses, and spending cuts targeted at those he says profited from “an era of profound irresponsibility.”  http://online.wsj.com/article/SB123564748462081261.html

Obama’s budget would produce $9.3 trillion in deficits over the next decade, more than four times the deficits of Republican George W. Bush’s presidency, congressional auditors said.  http://news.yahoo.com/s/ap/20090320/ap_on_go_pr_wh/obama_budget

Roosevelt’s ‘New Deal’ failed because it hindered people from helping themselves.  In both domestic and on an international scale, we see the same mistakes.  Obama says it isn’t time to redecorate the house but rebuild foundations.  Founded upon the foundation of democracy, America now has a dictator style infringement upon the rights of private companies and private citizens. 

Obama’s budget bill will essentially allow the Treasury to define “fair pay” for all employees, at any level.  The Serve Act proposes to make volunteering for the government mandatory with pay and prohibits, “volunteers from participating in worship and church activities, political rallies and naturally being involved in a union.  All hail Obama?

Don’t act surprised.  From day one we knew Obama felt that the Constitution is fundamentally flawed.  Redistributive change and socialism was first brought to MSM light by Joe The Plumber.  The ‘change you can believe in’ and ‘change we need’ are code words for Barack Obama’s ultimate goal: ‘redistributive change.’  http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=79225

Not ready for the NWO? Obama has plans for a civilian Army as large as our military, and as well funded- $650 billion annually.  U.S. Troops are on active duty on US Soil and Mexican Troops stand at the ready on the Mexican border.  The Omnibus Land Seizure Act just gave the government thousands of acres to train more soldiers or place civil disobedient citizens into detention centers.  The last stimulus Bill includes $8 billion for America’s railroad system will provide for easy transportation of dissenters to Fema camps. “High-speed rail is the infrastructure bank,” said Rahm Emanuel, quoted at http://www.politico.com/news/stories/0209/18924_Page2.html  Senate Majority Leader Harry Reid on behalf of Las Vegas interests seeking a rail link to Los Angeles coined the term, “Sin City to Tomorrow Land.”

If Martial Law comes in America, do not expect ABC, BBC, CBS, CNN, Fox News Network, Reuters or the AP to give a full or accurate account of the truth due to limitations of the digital broadcasting system and the Fairness Doctrine. 

Under the guise of escalating U.S. defenses against cyberattacks, The Internet, cyber security “czar” has unprecedented authority to shut down computer networks, including private ones. The bills sponsor- Senate Commerce Committee Chairman John D. Rockefeller IV.

You were warned, Obama’s tomorrow land is today.

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Dr. Bob Basso makes the YouTube videos where he dresses up as founding father Thomas Paine, coming back from the past to warn Americans about their country, got a phone call from President Barack Obama summoning him to the White House. 

Paine wrote Common Sense in the 1700’s and Obama, Biden, Pelosi, Congress and the Senate would be well served to find a copy and read it more thoroughly than the pork laden, stimulus bill they signed without reading.

Obama is apparently ticked off over Dr. Basso’s videos asking people to send politicians tea bags and do something about what is happening in our country.  Basso’s earlier video, “The Second American Revolution,” http://www.youtube.com/watch?v=pKFKGrmsBDk has 3 million views.  His newest video, posted last week as funbobbasso, “We The People Stimulus Package,” shown above already has 1.5 million views. 

Basso asks Americans to stand up against Congress and reclaim their republic now, or maybe lose it forever.  “Have you become a nation of cowards,” warning people that if they do nothing else, “buy a gun because your going to need it.”  

“Wake up, America.  While you were playing with the toys of your consumer wealth, you lost much more than your bloated economy of living beyond your means. You lost your representative democracy. Your servants have become your masters.  Taxation without representation is tyranny,” he said.

Dr. Basso’s day job is that of a motivational speaker.  http://www.bobbasso.com/index.html He is also the author of seven books including, Never Wanted to Set the World on Fire But Now that I’m 50 http://www.amazon.com/Never-Wanted-World-Fire-Maybe/dp/1556223870/ref=pd_bbs_sr_1?ie=UTF8&s=books&qid=1238351741&sr=8-1 that, ” is a must read for anyone who thinks America is going to hell in a hand basket and would like to run away to an idyllic South Pacific Island like the author.”

Maybe Obama was going to discuss offering him a one way ticket out of America while sipping tea.  If nothing else they could trade autograph copies of their books.

Talk show host and conservative political commentator, Jerry Doyle interviews Dr. Basso on a regular basis on his talk show. http://www.jerrydoyle.com/  Dr. Basso was scheduled to appear on the show but canceled after Obama had personally invited him to meet in the White House “to discuss the disturbing nature of the videos,” according to WND.

Doyle you might recall, coined the phrase “Grapefruit Mentality”, defined as the ability for the public to become interested in an object or person just because the media is paying attention to it.   The content of Basso’s videos are far more than Grapefruit Mentality. 

Dr. Basso was warned by Obama not to go public about the interview and Jerry Doyle’s show also received a call from the administration warning them not to air it.  That didn’t deter either of them…. they immediately told everyone what was going on.  A spokesperson for Doyle’s show said that Basso promised to provide Doyle with the first exclusive interview after he meets with Obama, provided the invitation still stands after the meeting was leaked to the press.

How nice to get an invitation from the president, except when that same president is trying to censor a private citizen expressing his 1st amendment rights. 

Props to http://zapem.wordpress.com/  and World Net Daily http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=92999  for reporting another Obamination on the citizens of America.  Glen Beck interviewed Basso last week at http://www.youtube.com/watch?v=O-OtagHjbUk  Check out Beck’s 912 Project at http://theglennbeck912project.com/.

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A nickel isn’t worth a dime today. ~ Yogi Berra

I can’t seem to fathom Washington tripping over quarters to pick up nickles that haven’t been minted yet.

It is time for a break, simmer down a bit, spend spend some of my quarters while they are still worth something and take a word press vacation.  I keep seeing Obama in my dreams and me wagging my finger at him saying shame, shame.  With all the talk of the bailout it is I who need to bail for a bit.  I need to re-group my thoughts and get a good night sleep.

In the mean time, may I recommend:

http://americanthinker.com/  or http://www.justsaynodeal.com/index2.html

A favorite, Lame Cherry sums thing up this way, ” Now you know in these shades of grey if John McCain is the normal sounding one in the room, Bill Clinton is the silent wall flower and Hillary Clinton MacBeth is deemed the solid citizen in the Obama clique, that this stage act has gone from Twilight Zone to Obama Zone in fading to black.”   http://lamecherry.blogspot.com/

Check out 50 unstimulating facts of the stimulus at http://article.nationalreview.com/?q=YjcyODIyZGM2MGU1ZDdkNDgxZDc3OTNjYjM4ZDY1ODI=

To keep up to date on things, select http://americansforprosperity.org/

God Bless America.

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Oh the hilarity of calling it a compromise stimulus package.  The American Recovery and Reinvestment Plan report is about 778 pages of political wrangling and the public has only been given about 24 hours to review it before a final vote.

Where is the damned Generational Theft Act that the Congressional Budget Office has referred to as, The American Recovery and Reinvestment Plan?  I’d like to read every last page.  It sure as hell is not on the White House web pages, as it states, “The President remains committed to bringing more transparency to government, and in this spirit the White House will continue to publish legislation expected to come to his desk on line for public comment as it moves through Congress.”    http://www.whitehouse.gov/briefing_room/OfficialStatements/  

President Obama resolutely promised change and transparency indicating that,  “Too often bills are rushed through Congress and to the president before the public has the opportunity to review them. As president, Obama will not sign any non-emergency bill without giving the American public an opportunity to review and comment on the White House website for five days.  Key word here- NON EMERGENCY.  http://www.whitehouse.gov/blog_post/update_on_sunlight_before_signing/ This is an emergency if ever there was one. One trillion tomorrow, two trillion the next day, defines emergency in my dictionary.

 The White House blog itself was just updated after three three days of inactivity. http://www.whitehouse.gov/blog_post/first_flights/  features his first trip on Air Force One and highlights his Democratic Caucus trip saying, “We have to accommodate the interests of a range of people.  And the House is going to have to work with the Senate.  But let’s think big right now.  Let’s not think small.”  What I am thinking is big government sucks.

Published on line by the Library of Congress, parts of the American Recovery and Reinvestment Plan are available at Open Congress http://www.opencongress.org/bill/111-h1/show .  Have fun reading through all the 481 amendments proposed. 

Relying on Sen. Tom Coburn (R-OK) at his  site  http://coburn.senate.gov/public/index.cfm?FuseAction=RightNow.Home&ContentRecord_id=3db704c6-802a-23ad-406c-a424db591389  you’ll find a fistful of wasteful and Non-Stimulus Spending Provisions.

I’d rather stand in the unemployment line for five more days than have this rushed through legislation and not put it out there for us little people- the tax payer to look at.  I want to know who exactly proposed spending $75 million for “smoking cessation activities,  $75 million for salaries of employees at the FBI and the $25 million for tribal alcohol and substance abuse reduction just to name a few.  C’mon, who?  What gall. 

There are a whole host of concerns that we all have but now is not the time to worry about stop smoking and drinking. 

Show me the money honey and while I’m thinking about it, why in the sam hell does  The President have time to write an Op-Ed piece for Wa-Po?  Is there nothing else he could be doing than taking the time for this?  Like giving orders to post the damned “plans” on the website before he signs them? 

http://www.washingtonpost.com/wp-dyn/content/article/2009/02/04/AR2009020403174.html?hpid=opinionsbox1

That’s the way to create consumer confidence, write about how “this recession might linger for years.”  We are indeed a desperate nation when we allocate millions for pork barrel projects and earmarks that do nothing.  Obama is doing something alright, he will be addressing the nation on prime time TV tonight. https://ahrcanum.wordpress.com/2009/02/08/obama-prime-time-vision/

In the meantime so as not to confuse billions and trillions of of dollars between two pieces of legislation, “With the administration making a full court press to get the economic stimulus package through Congress, Treasury Secretary Timothy Geithner is delaying his plans to spell out details of the upcoming bank rescue plan, now dubbed the Financial Stability and Recovery Plan.” http://www.thedeal.com/dealscape/2009/02/geithner_puts_banking_rescue_p.php

Geithner’s new plan appears designed to stem the government’s up-front costs to the federal budget but could nevertheless expose taxpayers to as much as $2 trillion more in potential obligations to the financial industry. 

I’d like to read the Financial Stability and Recovery Plan before it goes into law too, but even Open Congress doesn’t provide this.

Might as well turn in my conservative blogger badge now and say hello to government controlled capitalism as we allocate nearly three trillion dollars in three days. 

Lol, ain’t nothing funny about it.  

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The stimulus bailout money does not immediately stimulate anything except my blood pressure. 

Sen. Tom Coburn (R-OK) introduced an amendment to prohibit any funds in the economic stimulus bill from going to museums, theaters, or arts centers among other things.  http://www.ruthulrich.com/?p=274 has the whole rundown on what should be off limits for a stimulus and most of it makes sense.

The language of the amendment against what Coburn calls the Generational Theft Act , (Amendment No. 175, as filed) is in part that, “None of the amounts appropriated or otherwise made available by this Act may be used for any casino or other gambling establishment, aquarium, zoo, golf course, swimming pool, stadium, community park, museum, theater, arts center, or highway beautification project, including renovation, remodeling, construction, salaries, furniture, zero-gravity chairs, big screen televisions, beautification, rotating pastel lights, and dry heat saunas.” 

People just don’t seem to get it as “What bothers me is that museums, arts centers, and theaters are lumped in with casinos, swimming pools, rotating pastel lights, and zero-gravity chairs.  What in the holy living hell is the relation between the arts and a highway beautification project?” asks  http://klacknermusic.wordpress.com/   The relationship is simple, it does not stimulate the economy immediately and having a job, food and a place to live usurps everything else.  

Who can support this spending of invisible money that will come from our children’s children to benefit a politician sitting in a brand new cushy chair?  Apparently Nancy Pelosi.  People are standing in food lines for heaven’s sake.   Welcome to the American dream in high reverse- Lehigh Acres Florida and hundreds of other cities where no one gives a rats ass about a new community park, museum, theater, arts center, right now.  Highlighted in http://www.nytimes.com/2009/02/08/us/08lehigh.html?_r=1&em&exprod=myyahoo  People need private sector jobs and it is the private sector that needs the loans to stimulate the economy.

Coburn says “The fundamental problem with this bill is that it fails to address the root problem, which continues to be toxic assets in the mortgage market. The bill also includes a reckless bailout to states that would effectively nationalize state governments….“The bill also contains numerous provisions that are about stimulating long-frustrated ideological agendas rather than the economy….the American people will be nauseated by the numerous and shameless.

In a WSJ article, Coburn wrote, “What is not in the bill is as troubling as what is. The package does nothing to clear the toxic assets and bad mortgages that helped trigger the credit crisis. It also contains very little meaningful tax relief to make small businesses and American companies more competitive. Instead, the tax provisions of the stimulus are essentially a modest cash handout that repeats the failed policy of George W. Bush’s rebate-check stimulus.”  http://online.wsj.com/article/SB123371083449746103.html?mod=rss_opinion_main

I want Ross Perot to come out of the woodwork and help fix Pelosi’s posturing around like a chicken who just laid the golden egg.  Perot tried to gave heads up years ago- warning of the sucking sound of jobs from NAFTA among other things. No wonder he buried his head back in the private sector so as not to have to breath the same stale hot air that has been expelled in the beltway for years.

Government controlled capitalism is spelled socialism and at the very least Coburn appears to be try to rein in the wild spending spree. Visit his  site  http://coburn.senate.gov/public/index.cfm?FuseAction=RightNow.Home&ContentRecord_id=3db704c6-802a-23ad-406c-a424db591389  where you’ll find more wasteful and Non-Stimulus Spending Provisions like-

• $2 billion earmark to re-start FutureGen, a near-zero emissions coal power plant in Illinois that the Dept. of Energy defended last year because the project was inefficient
• A $246 million tax break for Hollywood movie producers to buy motion picture film
• $650 million for the digital television (DTV) converter box coupon program
• $88 million for the Coast Guard to design a new polar icebreaker (arctic ship)
• $448 million for constructing the Dept. of Homeland Security headquarters
• $248 million for furniture at the new Dept. of Homeland Security headquarters
• $600 million to buy hybrid vehicles for federal employees
• $400 million for the CDC to screen and prevent STD’s
• $1.4 billion for a rural waste disposal programs
• $150 million for Smithsonian museum facilities
• $1 billion for the 2010 Census, which has a projected cost overrun of $3 billion
• $75 million for “smoking cessation activities”
• $200 million for public computer centers at community colleges
• $75 million for salaries of employees at the FBI
• $25 million for tribal alcohol and substance abuse reduction
• $10 million to inspect canals in urban areas
• $6 billion to turn federal buildings into “green” buildings
• $500 million for state and local fire stations
• $650 million for wildland fire management on Forest Service lands
• $150 million for Smithsonian museum facilities
• $1.2 billion for “youth activities,” including youth summer job programs

• $88 million for renovating the headquarters of the Public Health Service
• $412 million for CDC buildings and property
• $500 million for building and repairing NIH facilities in Bethesda, MD
• $160 million for “paid volunteers” at the Corporation for National and Community Service
• $5.5 million for “energy efficiency initiatives” at the VA “National Cemetery Administration”
• $850 million for Amtrak
• $100 million for reducing the hazard of lead-based paint
• $75M to construct a new “security training” facility for State Dept Security officers when they can be trained at existing facilities of other agencies.
• $110 million to the Farm Service Agency to upgrade computer systems
• $200 million in funding for the lease of alternative energy vehicles for use on military installations.
• State Medicaid Bailout: $87.7 billion Through 3 different mechanisms, the bill would provide additional federal funds to state Medicaid programs over the next 3 years. This is nearly $70 billion more than the governors asked President Obama for in December, and should be a loan to be repaid by the states.

Who knew democratic socialism was going to be so damned expensive?

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As part of the transparency in government, Obama is demanding free prime time TV space.  Monday he’s holding a press conference that is expected to last an hour and then the following Monday, a stimulus push right down our throats.  Last but not least, the State of the Union Address is on Tuesday, February 24.

Having spent the better part of the week watching the Senate battle for my stimulus dollars on Fox, CNN and C-SPAN, I am hardly excited at the prospects of looking forward to seeing President Obama the next 3 three weeks in a row during prime time TV. The news cycle is 24 hours a day, 7 days a week.  Prime time is America’s time to be entertained, to watch House, American Idol, or some other mindless show to not have to think about the economy or news.   To sit on the couch with the family, crack a smile, veg, and relax after dinner. 

The networks must be pissed at the amount of advertising revenue that will be lost.  Can’t anyone just say no to O?  I imagine the wrath of deciding not to air Obamavision might include an avoidance of reporters questions.  ABC is probably on the shit list anyways based on the bantering over a tough question recently with Robert Gibbs, the White House communications director.  ABC was also apparently thrown for a loop at the request for free TV time, and still can’t decide what shows to put on after, saying “to be announced.” http://www.tvguide.com/Listings/Default.aspx .

What could Obama tell me that I don’t already know?  This isn’t the campaign trail, and the trail of the House and Senate Stimulus Bills stinks to hell.  The last time Obama was on TV this for this long, he actually paid for the TV time  in a half-hour commercial and sort of mini-documentary. http://www.youtube.com/watch?v=GtREqAmLsoA 

Imagine that stimulus to the economy- paying for the TV Time; not demanding it and costing the networks millions.  The McCain campaign response from spokesman Tucker Bounds: “As anyone who has bought anything from an infomercial knows, the sales-job is always better than the product. Buyer beware.”

Is he going to remind me that money was removed that was earmarked for the water parks?  Is he going to tell me why a ruling dismissing without prejudice all charges against Saudi national Abd al-Rahim al-Nashiri was issued, potentially freeing the U.S.S. Cole mastermind bomber from Guantanamo?  What, so we can find him and try him again later?  What could President Obama possibly tell me that demands Prime Time TV? 

Obama is not The Great Communicator.   All physical differences aside, Reagan, even when delivering bad news found the words to sooth and projected light at the end of the tunnel.  Obama on the other hand, seems to like hearing himself talk and can’t seem to do that well unless the TelePrompter is rolling.  Reagan said, “Each generation goes further than the generation preceding it because it stands on the shoulders of that generation.  You will have opportunities beyond anything we’ve ever known.”  

Just weeks into his Presidency, Obama most memorable statement, “I screwed up.”  In the coming weeks of prime time TV, I hope he has something better to say.

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