• Barack Obama,  economics

    PORKULUS: Just Say NO – Melt The Phones

    February 5, 2009 /
    No-on-the-Obama-Economic-st

    Just “Say No” to the Democrat/Obama Economic Stimulus Bill, S.1. Democrat Senate Majority Leader Harry Reid is now saying he has a two GOP Senators to avoid a filibuster and pass S.1 this afternoon.

    Senate Majority Leader Harry Reid (D-Nev.) told reporters Thursday that he has enough votes to pass a more than $900 billion stimulus bill out of the Senate.

    Reid said he believes at least two Republicans of “good will” would support the Democratic-crafted package.

    “Do we have the votes? I believe we do,” said Reid, who expects a final vote on the package will be held on Thursday.

    It appears the stimulus would attract only a few GOP votes, however, and Senate Democratic leaders distanced themselves from earlier hopes that the economic recovery could draw more Republican support.

    Michelle Malkin has the list of suspected GOP Senators who have gone squishy and might support this pork-laden monster which is a Generational Theft Act.

    • Collins (202) 224-2523
    • Snowe (202) 224-5344
    • Specter (202) 224-4254
    • Voinovich (202) 224-3353 (Says he will not support bill in current form?)

    Call them, melt the phones and tell them to vote NO on S.1.

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  • Barack Obama,  economics

    PORKULUS 50 Outrages: Look What is in the Democrat/Obama Economic Stimulus Bill

    February 5, 2009 /
    Look what is in the stimulus bill

    National Review has the sad but true poop on PORKULUS – the Democrat/Obama Economic Stimulus bill, S.1.

    VARIOUS LEFT-WINGERY:

    1. $50 million for the National Endowment for the Arts

    2. $380 million in the Senate bill for the Women, Infants and Children program

    3. $300 million for grants to combat violence against women

    4. $2 billion for federal child care block grants

    5. $6 billion for university building projects

    6. $15 billion for boosting Pell Grant college scholarships

    7. $4 billion for job-training programs, including $1.2 billion to provide “youth” summer jobs for people up to the age of 24

    8. $1 billion for community development block grants

    9. $4.2 billion for “neighborhood stabilization activities”

    10. $650 million for digital TV coupons, including $90 million to educate “vulnerable populations”

    POORLY DESIGNED TAX RELIEF:

    11. $15 billion for business-loss carry-backs

    12. $145 billion for “Making Work Pay” tax credits

    13. $83 billion for the earned income credit

    STIMULUS FOR THE GOVERNMENT:

    14. $150 million for the Smithsonian

    15. $34 million to renovate the Department of Commerce headquarters

    16. $500 million for improvement projects for National Institutes of Health facilities

    17. $44 million for repairs to Department of Agriculture headquarters

    18. $350 million for Agriculture Department computers

    19. $88 million to help move the Public Health Service into a new building next year

    20. $448 million for constructing a new Homeland Security Department headquarters

    21. $600 million to convert federal auto fleet to hybrids

    22. $450 million for National Aeronautics and Space Administration

    23. $600 million for National Oceanic and Atmospheric Administration

    24. $1 billion for the Census Bureau

    INCOME TRANSFERS:

    25. $89 billion for Medicaid

    26. $30 billion for COBRA insurance extension

    27. $36 billion for expanded unemployment benefits

    28. $20 billion for food stamps

    PURE PORK:

    29. $4.5 billion for U.S. Army Corps of Engineers

    30. $850 million for Amtrak

    31. $87 million for a polar icebreaking ship

    32. $1.7 billion for the National Park System

    33. $55 million for Historic Preservation Fund

    34. $7.6 billion for “rural community advancement programs”

    35. $150 million for agricultural commodity purchases

    36. $150 million for “producers of livestock, honeybees, and farm-raised fish”

    RENEWABLE WASTE:

    37. $2 billion for renewable energy research

    38. $2 billion for a “clean-coal” power plant in Illinois

    39. $6.2 billion shall be for the Weatherization Assistance Program

    40. $3.5 billion shall be for energy efficiency and conservation block grants

    41. $3.4 billion shall be for the State Energy Program

    42. $200 million shall be for state and local electric-transport projects

    43. $300 million shall be for energy-efficient appliance rebate programs

    44. $400 million for hybrid cars for state and local governments

    45. $1 billion for the manufacturing of advanced batteries

    46. $1.5 billion for green technology loan guarantees

    47. $8 billion for innovative technology loan guarantee program

    48. $2.4 billion for carbon-capture demonstration projects

    49. $4.5 billion for electricity grid

    REWARDING STATE IRRESPONSIBILITY:

    50. $79 billion for State Fiscal Stabilization Fund

    Think this is enough of an outrage?

    The entire bill should be scraped and reconstructed with items that actually WILL stimulate the economy.

    How about a payroll tax cut to start?

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  • Barack Obama,  economics

    The Democrat/Obama Economic Stimulus Bill Stimulates What? ITSELF

    February 5, 2009 /
    Daniel Henninger of the Wall Street Journal: What is Congress Stimulating?

    Daniel Henninger has a piece in today’s Wall Street Journal calling the Democrat/Obama Economic Stimulus bill, S.1 a BOMB.

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

    Sen. McConnell should reconsider. He knows that the Bush-GOP spending spree cost them control of Congress in 2006. Thus, “How big?” 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 “reform” 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.

    Indeed the Senate GOP should walk away from PORKULUS like the House.

    Let Obama and the Congressional Democrats eat this pork-laden CRAP Sandwich.

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