Remember, they've removed the first three 0's to make it easier to read, so $50,000 = $50,000,000.
http://online.wsj.com/public/resources/documents/st_STIMULUS_STATIC_20090210.html
Remember, they've removed the first three 0's to make it easier to read, so $50,000 = $50,000,000.
http://online.wsj.com/public/resources/documents/st_STIMULUS_STATIC_20090210.html
Thanks!
I've been looking it over on a different site, but I like this arrangment better.
Whether folks agree with all this Stimulus effort of not, at least the spending is somewhat transparent and we can at least know what we're bitchin' about.
When Paulsen threw money at the banks last Sept, nobody knew where it was going or what happened to it.
This time around, at least we have some idea.
This thing is a big unkown and it's easy to find fault with some parts of it. But personally, I'm optimistic about the success of the Stimulus.......partly because it has been outlined in a very public and open manner.
The parents weren’t very responsible but they did at least keep the kids from running amok. Now they’re gone and the kids are throwing a keger party of epic proportion.
RX Reven' wrote: The parents weren’t very responsible but they did at least keep the kids from running amok. Now they’re gone and the kids are throwing a keger party of epic proportion.
Currently, congress is the equivalent to a 535 man bukkake party, and we're the ones with a target on our face.
Datsun1500 wrote:aircooled wrote:I will come election time.... I would guess most of the people that vote yes on this are in their last term in office even if they don't know it.... I also have a say as an employer in the State of Maryland when I move the company to a friendlier place, less taxes for you guys to spend.MrJoshua wrote: I vote noApparently you have no say.
Unfortunately I try to vote the idiots out every time but it doesn't work. In gainesville we voted down tax after tax. The local government fixed that problem by adding a 10 cent gas tax through some loophole that didn't require voter approval. (done when gas was north of $4 a gallon no less) Even after that all of them were re-elected in convincing fashion.
Roads and bridges are appropriate things to spend money on - I do not think the will stimulate the economy - the money to do anything is either taken away from someone or borrowed from the Fed, leaving us and our future generations with an absurd amount of debt and secretly taking money from all of us today through inflation.
The real big issue I have with the so-called stimulus bill is that building roads and bridges makes up such a small amount of the bill and the majority is nothing but the single largest accumulation of pork products ever seen. These people are so out of touch that they truly think if something is "only" a couple hundred million dollars then it is not even worth arguing about....who's money do they think they are spending anyway?
My daddy taught me two things…always, always, always wear a rubber and if anyone ever pressures you to spend a lot of money quickly, tell um’ to go Berkeley themselves.
DILYSI Dave wrote: Currently, congress is the equivalent to a 535 man bukkake party, and we're the ones with a target on our face.
What's bukkake?
Xceler8x wrote:DILYSI Dave wrote: Currently, congress is the equivalent to a 535 man bukkake party, and we're the ones with a target on our face.What's bukkake?
Another wacky Japanesse invention. Google it, preferably on an empty stomach
Wally wrote:Xceler8x wrote:Another wacky Japanesse invention. Google it, preferably on an empty stomachDILYSI Dave wrote: Currently, congress is the equivalent to a 535 man bukkake party, and we're the ones with a target on our face.What's bukkake?
And not at work.
DILYSI Dave wrote:Wally wrote:And not at work.Xceler8x wrote:Another wacky Japanesse invention. Google it, preferably on an empty stomachDILYSI Dave wrote: Currently, congress is the equivalent to a 535 man bukkake party, and we're the ones with a target on our face.What's bukkake?
Safe search off
I'm kidding you guys. I was hoping someone would chime in with some tortured polite speech for what it actually is.
DILYSI Dave wrote: Currently, congress is the equivalent to a 535 man bukkake party, and we're the ones with a target on our face.
Needs to be a quote in the Mag.. LOL
Just about everything in the CRAP bill isn't stimulus and has no business in a stimulus package. The are proper appropriations channels to get these item in the regular federal budget. The only problem is as budget items they would never pass. So our wonderful congress is cramming them down our throats while trying to convince us that if it doesn't pass the world will end. What CRAP. You might as well send your 5 year old to the toy and candy shop with a unlimited credit card. The result would be the same. Every person in this country will be in debt for the rest of their lives because of this bill. The interest alone on the money the country will have to borrow to pay for this is over $300,000,000,000.00. That may well be the death to the economy as we know it, because that will be money we will probably be sending to China for the next 10 years alone. Your grand kids will be paying the tab even if they haven't been born yet. One day they will learn, but probably not before they destroy this country and turn it into a socialist E36 M3 hole like France.
CONGRESSIONAL BUDGET OFFICE U.S. Congress Washington, DC 20515 January 27, 2009 Honorable Paul Ryan Ranking Member Committee on the Budget U.S. House of Representatives Washington, DC 20515 Dear Congressman: As you requested, the Congressional Budget Office has estimated the costs of additional debt service that would result from enacting H.R. 1, the American Recovery and Reinvestment Act of 2009. Such costs are not included in CBO’s cost estimates for individual pieces of legislation and are not counted for Congressional scorekeeping purposes for such legislation. Under CBO’s current economic assumptions and assuming that none of the direct budgetary effects of H.R. 1 are offset by future legislation, CBO estimates that the government’s interest costs would increase by $0.7 billion in fiscal year 2009 and by a total of $347 billion over the 2009- 2019 period (see enclosed table). If you would like any additional information, we would be happy to provide it. The CBO staff contact is Eric Schatten, who can be reached at 226-2880. Sincerely, Douglas
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