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Old 06-05-2009, 05:49 PM   #26 (permalink)
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Re: Stimulus Facts:

Maybe we should focus on the definition of Stimulus. I thought it was supposed to this big bold move by Obama to give an immediate "jolt" to the economy. Remember how it had to get passed so quickly because there was no time to waste?

Well then why is only 6% of the money been spent so far?

Are these jolts to the economy? You decide.

53 billion to the States where 80% (over 69 billion) is to be used for education. I see that as a payoff to the teachers union.

19 Billion for food stamps. Might be an arguement that it's nice to have, but is it stimulus?

2.1 billion for head start/early head start programs. Is that stimulus?

10 billion for education for the disadvantaged. Whatever "disadvantaged" means. Is that stimulus?

15 billion extra in Pell grants. Is that a jolting stimulus?

Over 3 billion for "fossil energy research and development". Sound like stimulus?

4.5 billion to convert federal buildings to "high-performance green buildings". Whatever that means. Stimulus?

7.4 billion to the National Institutes of Health fund to support scientific research. Sounds pretty vague to me. Stimulus?

1 Billion Department of Health and Human Services Prevention and Wellness Fund. Sounds like a slush fund. Stimulus?

2.5 billion National Science Foundation research and related activities. Another slush fund. Just what are "related activities"?

2 Billion for Emergency assistance for the redevelopment of abandoned and foreclosed homes. Aren't these homes that would no longer have an owner? Who's pocket does this "stimulus" line? Wonder how this one is doing.

All this is just a start. Took me longer to type it than to find it. None of this (in my opinion) will do anything to "jump start" the economy. How many new jobs are really here?

I have to go puke now.
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Old 06-06-2009, 03:57 PM   #27 (permalink)
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Re: Stimulus Facts:

Here's a story from one of the "brainiacs" out there. How this person can keep this job is beyond me. She also references economic "experts in the article. These are the people who believed the hype and actually think that there are hundreds of billions of dollars now out there "stimulating". The economy isn't back yet, so it must not have been enough. That's the thinking.

How stupid are these people. We know that a very small percentage of this "stimulus" has even been spent. We also know that a large percentage of the "stimulus" will stimulate nothing.

Yet, some are already calling for another stimulus. How can anybody with a brain justify this? They live in theory behind a desk with no basis in reality. Just like most politicians.

Time for a New Round of Stimulus
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Old 06-06-2009, 05:03 PM   #28 (permalink)
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Re: Stimulus Facts:

Quote:
Originally Posted by kmfarm View Post
Here's a story from one of the "brainiacs" out there. How this person can keep this job is beyond me. She also references economic "experts in the article. These are the people who believed the hype and actually think that there are hundreds of billions of dollars now out there "stimulating". The economy isn't back yet, so it must not have been enough. That's the thinking.

How stupid are these people. We know that a very small percentage of this "stimulus" has even been spent. We also know that a large percentage of the "stimulus" will stimulate nothing.

Yet, some are already calling for another stimulus. How can anybody with a brain justify this? They live in theory behind a desk with no basis in reality. Just like most politicians.
That's crazy. We don't need another stimulus package. What comes to mind, greed, corruption!

We've gone this far, if a business can't pull itself out of the hole then let it go.

Didn't some of these companies cook the books? Then they cry and say we need help, give us some money. I'm shocked that the IRS wasn't involved. Why didn't we hear about it from the honest news/media outlets? Money talks.
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Old 06-07-2009, 02:12 AM   #29 (permalink)
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Re: Stimulus Facts:

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Originally Posted by Kens Digital Media View Post
That's crazy. We don't need another stimulus package. What comes to mind, greed, corruption!

We've gone this far, if a business can't pull itself out of the hole then let it go.
I couldn't agree more.. didn't they learn anything from these other bail outs? apparently not!
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Old 06-07-2009, 09:26 AM   #30 (permalink)
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Re: Stimulus Facts:

I am still tryinng to figure out where I can get my small business cut out of it.
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Old 06-07-2009, 09:58 AM   #31 (permalink)
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Re: Stimulus Facts:

Quote:
Originally Posted by bbsaquaticservice View Post
I am still tryinng to figure out where I can get my small business cut out of it.
Call your state representative. You'll find that there's nothing for you.
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Old 06-07-2009, 12:01 PM   #32 (permalink)
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Re: Stimulus Facts:

Article explains how the Stimulus was a government "bait and switch".

Partial quote:

By comparison, about 15 percent of the stimulus money will end up going for transportation -- including airports, highways and rail projects -- according to Federal Funds Information for States, a service of the National Governors Association and the National Conference of State Legislatures.

End quote.

Based on all the speeches and rhetoric, you'd think that most of the money was for "crumbling road and bridges".

This is what happens when people are too impressed with how great of a speech giver (orator) Obama is rather than looking at the details of what the speech is actually about.

EDITORIAL: Con games and stimulus cash - Opinion - ReviewJournal.com
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Old 06-09-2009, 07:11 AM   #33 (permalink)
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Re: Stimulus Facts:

Obama says, let's get the money spent faster.

Uh.......I thought that was supposed to be the plan to begin with. Big jolt to the economy and all that stuff. Now we need a special meeting and press release to spend the money?

Partial quote:

For the first time, the administration admitted the economic forecasts it used to sell the stimulus were overly optimistic.

End quote.

They used fear and the impending "catashtrophe" to get the giant pork bill passed. Remember that when they try to cram health care and cap and trade down your throat.

My Way News - Obama repackages stimulus plans with old promises
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Old 06-09-2009, 06:44 PM   #34 (permalink)
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Re: Stimulus Facts:

Large muti-national firms get favor for stimulus money. Thought that was a republican thing.

BillingsGazette.com :: State firms cry foul over stimulus projects

"Jobs saved" is fiction.

McGurn: The Media Fall for Phony 'Jobs' Claims - WSJ.com

Want to know how Obama calculates jobs saved? They (his staff) calculate "x" number of jobs saved per dollars spent. This calculation has no basis in fact other than what they feel.

So, when the stimulus was passed with the statement "3 million jobs created or "saved", that was the starting point.

Now, with unemployment climbing, and no data supporting jobs created, the only thing left is jobs "saved".

So, with 5% of the stimulus spent, they calculate 5% of the 3 million. WOW! 150,000 jobs "saved". That's the figure that was put out this week.

Now he's saying that 600,000 will be "saved" by the accelerated spending he's demanded. None of it verifiable.

The only body that uses data to determine jobs created, is the Bureau of Labor Statistics. Not Obama, not Joe Biden, not anyone in the White House. So, if you don't here anything from them, there is nothing. No jobs "saved or created". It's all fiction.
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Old 06-12-2009, 12:21 PM   #35 (permalink)
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Re: Stimulus Facts:

50 billion in fraud? I guess that's not so bad. I don't suppose we'll see that on the government website that'll "track every single penny".

MarketWatch.com Story
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Old 06-13-2009, 11:11 AM   #36 (permalink)
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Re: Stimulus Facts:

50 million for fish feed.

My question is, what happens after this initial money is used? Do they still go out of business, which means we just delayed the inevitable?

Or will this now be a permanent subsidy. Like many others.

$50M in stimulus will help fish farmers buy feed - News Wires - CNBC.com
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Old 06-17-2009, 07:16 AM   #37 (permalink)
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Re: Stimulus Facts:

Good news! Wisconsin is making National news.

Parial quote:

In Wisconsin, 37 rural bridges carrying a little more than 500 vehicles a day -- some far fewer than that -- are on track to get stimulus dollars.................One small bridge near Stevens Point, Wis., is getting $840,000 in stimulus money, although it carries 260 vehicles a day, many of them to Rusty's Backwater Saloon. Rusty Fischer, the restaurant's owner, said the bridge is "definitely in need of repair." Then again, he added, it is crossing a little creek that could have been easily and cheaply forded with a culvert.

It isn't that the state was favoring Rusty's bridge over a more well-trodden thoroughfare, said Peg Schmitt, a spokeswoman for the Wisconsin Department of Transportation. "When the eligibility criteria were made available, we took everything [local governments] submitted for local bridge projects that were submitted," she said. "Everything got funded."

End quote.

Everything that was submitted was funded. Who knew? Think there's any "padding" going on here knowing everything will be funded? No "wish lists" in there I'm sure.

GOP Faults Some Stimulus Projects - WSJ.com
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Old 06-17-2009, 07:57 AM   #38 (permalink)
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Re: Stimulus Facts:

Here's a list of 100 examples of stimulus waste:

http://coburn.senate.gov/public/inde...9-8091b533464f

Some of my favorites:

Non-Existent Oklahoma Lake in Line for Over $1 Million To Construct a New Guardrail

Ten Thousand Dead People Get Stimulus Checks

Wisconsin nursing home receives $2.8 million in stimulus money it didn’t need or request.

Iowa state legislators are using money freed up by federal stimulus cash to buy $11 million in new cars the State does not need.

Ohio state legislators oppose the governor’s plans to use $57 million for “planning and
preliminary studies instead of bricks-and-mortar construction."

Rather than help welfare recipients obtain jobs and escape poverty, $1 million will be used
to study whether 300 people in Chicago are healthier when living in “green” public housing
facilities.

The National Institute of Health gives Indiana University professor $356,000 to study how
kids perceive foreign accents.

$10 million will be used for school lunch equipment and education technology in Oshkosh,
Wisconsin.

Yale and the University of Connecticut are receiving $850,000 in stimulus for research “to
study how paying attention improves performance of difficult tasks.”

Maine to spend over $1.3 million on “government arts jobs,” including $30,000 for basket
makers, $20,000 for story telling, and $12,500 for a music festival.

Rochester, New York is getting millions to extend an art trail.

The National Institutes of Health is giving Yale University $680,100 in stimulus funds to
study the effectiveness of diet and exercise at reducing obesity.

Washington, North Carolina is using stimulus funds to pay for “project-funding manager”
whose job it is to secure even more stimulus funds.

South Carolina Department of Natural Resources will spend $1.7 million to grow oysters.

Stimulus program paying $2.5 million for beach enhancement studies.

“Microsoft Bridge” in Seattle will receive $11 million in stimulus funds.

Portland, Oregon will spend $1 million in stimulus funds for bike lockers.

The Phoenix Police Department is expecting to receive $5.4 million in stimulus cash for
new equipment that will not result in job creation.

Montana’s state-run liquor warehouse will receive $2.2 million in stimulus cash to install
skylights.

Eugene, Oregon will spend $2.25 million stimulus dollars to construct a 1,000 foot long bike
path,

The Bureau of Land Management is using stimulus funds to study the impact wind farms
have on the sage grouse population in Oregon.

I'm sooooooooo glad my tax dollars are being spent wisely. I can almost feel that "jolt" to the economy.

Notice how much of this garbage is money used to "study" something? Pathetic. That's just some special people getting fatter wallets at our expense with nothing in return.

I don't remember seeing these items on the government website either. Oh that's right, it's not operational "yet".
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Old 06-19-2009, 11:36 PM   #39 (permalink)
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Re: Stimulus Facts:

I can see why the National Institutes of Health needs 7 billion in stimulus. With important studies like these, we'll all have better health in no time.

Partial quote:

But some questionable queries have come under close scrutiny, including a $400,000 study being conducted in bars in Buenos Aires to find out why gay men engage in risky sexual behavior while drunk; a $2.6 million study dedicated to teaching prostitutes in China to drink less while having sex on the job; and a $178,000 study to better understand why drug-abusing prostitutes in Thailand are at greater risk for HIV infection.

End quote.

Bad enough, but these studies are not even in our country.

NIH Funds $423,500 Study of Why Men Don't Like to Use Condoms
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Old 06-22-2009, 12:39 PM   #40 (permalink)
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Re: Stimulus Facts:

Well, so far, the stimulus is only missing one thing.....jobs:

washingtonpost.com

But the good news is, Obama doesn't find anything wasteful yet:

Obama finds no stimulus waste - Washington Times

I feel much better.
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Old 06-23-2009, 06:04 PM   #41 (permalink)
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Re: Stimulus Facts:

"Buy American" causing problems again. Who would have predicted that?

FT.com / US / Economy & Fed - Tug-of-war over Buy American
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Old 06-26-2009, 06:59 AM   #42 (permalink)
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Re: Stimulus Facts:

Another idiot talking about a second stimulus. How do these people keep their job?

Why We Need a Second Stimulus
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Old 06-26-2009, 02:45 PM   #43 (permalink)
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Re: Stimulus Facts:

Remember just a couple weeks ago Obama promised to "ramp up" the spending?

Despite 'ramp up' call, stimulus spending slows - USATODAY.com

Just another lofty speech I guess.

In the meantime, another "unexpected" surprise:

New Unemployment Claims Rise Unexpectedly to 627,000 - Political News - FOXNews.com
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Old 06-29-2009, 02:13 PM   #44 (permalink)
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Re: Stimulus Facts:

When something isn't working, change the expectations:

Moving the Stimulus Goalposts - The Note
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Old 07-03-2009, 12:57 PM   #45 (permalink)
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Re: Stimulus Facts:

One more clown that wants a second stimulus (First one isn't even 10% used yet). Oh, that's right, this guy works for the New York Times and ABC. What a shock.

Paul Krugman, remember that name. This guys an idiot. Then ABC has the nerve to put him on their weekly Sunday panel as some kind of "expert" who's opinion matters

And people are worried about FOX?.

http://www.nytimes.com/2009/07/03/op...gman.html?_r=1
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Old 07-03-2009, 11:22 PM   #46 (permalink)
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Re: Stimulus Facts:

With all due respect, I don't bash everyone who doesn't agree with me as an idiot or a clown. At least not unless, well, I just try not to.

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Old 07-04-2009, 07:34 AM   #47 (permalink)
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Re: Stimulus Facts:

Quote:
Originally Posted by keith View Post
With all due respect, I don't bash everyone who doesn't agree with me as an idiot or a clown. At least not unless, well, I just try not to.

Regards,
Keith
Neither do I, not everyone. But for a guy like Krugman, who's beyond partisan, I'll make an exception. He's got a national stage on which to speak, and he's asking for another stimulus.

Knowing how the first one is going, knowing it's not even 10% spent, knowing how much in debt we are, knowing that that the first stimulus isn't even designed to "create or save" jobs (in my view), you'd have to be an idiot to talk about another one.

We're not talking about a few bucks. We're talking about 1 trillion (interest included) dollars on the first one.
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There is precedent for the mainstream media being megaphones for Democratic-manufactured hysteria. George Will

Today, there is a name for the political doctrine that rejoices in scarcity of everything except government. The name is environmentalism. George Will

MSNBC - 350 viewers can't be wrong.
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Old 07-05-2009, 10:55 AM   #48 (permalink)
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Re: Stimulus Facts:

Biden say they "misread" the economy.

What else is being "misread"? The health care plan? The Cap and Trade plan?

Still trust politicians?

Biden: We 'Misread the Economy' - George's Bottom Line
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There is precedent for the mainstream media being megaphones for Democratic-manufactured hysteria. George Will

Today, there is a name for the political doctrine that rejoices in scarcity of everything except government. The name is environmentalism. George Will

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Old 07-07-2009, 01:27 PM   #49 (permalink)
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Re: Stimulus Facts:

Another call for a second stimulus. Ugh

Dem Senator: Second Stimulus Probably Needed - ABC News
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Today, there is a name for the political doctrine that rejoices in scarcity of everything except government. The name is environmentalism. George Will

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Old 07-07-2009, 03:31 PM   #50 (permalink)
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Re: Stimulus Facts:

And another Obama advisor wants a second stimulus. Just how fast can we print money?

This genious is some economic whiz from California Berkeley. Wonder if she advised anyone in the California economic team.

Obama Adviser Says U.S. Should Mull Second Stimulus (Update2) - Bloomberg.com
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There is precedent for the mainstream media being megaphones for Democratic-manufactured hysteria. George Will

Today, there is a name for the political doctrine that rejoices in scarcity of everything except government. The name is environmentalism. George Will

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