Stimulate This

[Bimmer4125]

Having watched the highjacking and railroading of America take place over the past three days, I'm wondering if anyone else shares my sense of outrage at what our government has done to us? An 1,100 page bill with 10 hours of overnight review time and a totally partisan vote? Unaccounted for monies spent on vague programs that our grandchildren's grandchildren will be paying for? What happened? Where was the transparency promised by Obama? Where is the public's input? It has become plainly obvious that Obama is a figurehead for the democratic agenda and that the forcefeeding of their Socialistic policy has begun. Reagan was Right.

[70Sixter]

"Having watched the highjacking and railroading of America take place over the past three days, I'm wondering if anyone else shares my sense of outrage at what our government has done to us? An 1,100 page bill with 10 hours of overnight review time and a totally partisan vote? Unaccounted for monies spent on vague programs that our grandchildren's grandchildren will be paying for? What happened? Where was the transparency promised by Obama? Where is the public's input? It has become plainly obvious that Obama is a figurehead for the democratic agenda and that the forcefeeding of their Socialistic policy has begun. Reagan was Right."

[Eric5273]

The debate over this stimulus is not as important as you may think. The truth is that these guys have no idea what the heck to do about the economy.

The ship carrying 300 million people is going down, and they are debating over whether to deploy the 5 small lifeboats they have, or whether to start bailing the water out with the ten 1-gallon buckets they have.

The entire amount being spent is about 4% of our GDP, and the entire amount of the tax rebates is about 3% of our GDP.

None of this is going to have any major effect. Thinks are tanking, and the rate at which they tank is going to accelerate over the next 12 months.

[blondboinsd]

Originally Posted by Eric5273

The debate over this stimulus is not as important as you may think. The truth is that these guys have no idea what the heck to do about the economy.

The ship carrying 300 million people is going down, and they are debating over whether to deploy the 5 small lifeboats they have, or whether to start bailing the water out with the ten 1-gallon buckets they have.

The entire amount being spent is about 4% of our GDP, and the entire amount of the tax rebates is about 3% of our GDP.

None of this is going to have any major effect. Thinks are tanking, and the rate at which they tank is going to accelerate over the next 12 months.

I agree, I think we are seriously tanking. I think we need a massive correction before people painfully understand the reality of what needs to happen for a country to be successful. What is your view of our country in 12 months? 24?

[bmwbmwuser]

http://www.abc.net.au/reslib/200902/r335492_1519593.asx

[X5rolls]

Honest Leadership - Open Government, yeah, right

[motordavid]

I agree with most of the OP's post...here we sit, on our hands, watching a group of elected politicians,
slam through a 1100 page "bill" that received at best, a cursory read barely in parts, by some of their staffers.
And, not just a jumbo sized bill full of "who knows what/how it really gets spent/where does the dough come
from" language, but a jumbo spending bill that was seemingly given so little consideration by the drafters and authors.

Oh, I forgot: much of the draft was done by the K Street Lobbyists; they certainly should know what's
best for the country, best for the economy and best for us.

This entire "stimulus bill", and its process, is absurd, imo. As a continual ranter here, about
politics/gov't out of control, this may be a new high sewer water mark.
BR,OlUncMtr

A snippet from Saturday's WSJ opin page:

'In his closing remarks on the stimulus bill yesterday, House Appropriations Chairman David Obey called it "the largest change in domestic policy since the 1930s." We'd say more like the 1960s, which is bad enough, but his point about the bill's magnitude is right. The 1,073-page monstrosity includes the biggest spending increase since World War II, but more important is the fine print expanding the role of the federal government across the breadth of American business, health care, energy and welfare policy.

Given those stakes, you might think Congress would get more than a few hours to debate it. But, no, yesterday's roll
call votes came less than 24 hours after House-Senate conferees had agreed to their deal. Democrats rushed the bill to
the floor before Members could even read it, much less have time to broadcast the details so the public could offer its verdict.

So much for Democratic promises of a new era of transparency. Only this Tuesday the House unanimously approved a resolution promising 48-hour public notice before holding a roll call. Even better, the bill could have been posted on
the Internet, as candidate Barack Obama suggested during the campaign. Let voters see what they're getting for all
this money. Not a chance.' (Italics & Bold in quoted paragraphs are mine.)

[Bimmer4125]

At least Obama thinks Air Force One is a "spiffy ride"! WTF is going on? What is going to happen in a year when all the "stimulus" money is pissed away and gone and nothing has changed much? What happens to all the programs that were propped up including banking, education, health care, infrastructure improvement etc? Another stimulus bill?! There are no real signs that buying our way out of debt will improve the economy in a year, but there is no doubt we as a country will be weaker on the international front. The Chinese won't even buy our debt then! I hate to be an alarmist, but living on a dead end road in the middle of nowhere is suddenly not that bad!

[AzNMpower32]

The funniest part about all this is for me is how all the Obama Fanboys/girls at my University haven't given a sh*t about this after Obama was elected.

[Eric5273]

The stimulus package isn't going to make things any worse than they already are. If anything, it may lessen the blow a bit. But it's not going to have any major effect on anything, nor is anything else they do short of a complete restructuring of the global economy.