Thursday, February 26, 2009

4 Trillion Dollars

Mr. Obama's budget will ask for more than 3.5 trillion dollars for the fiscal year 2010 in spending, and an additional sum of 750 billion will be reserved for additional bank bailouts. No, that 750 isn't part of the 3.5 trillion-- it's in addition to it. It's interesting to note that this figure is 50 billion more than the original bailout approved by Bush. (Although, to be fair, Mr. Obama left the campaign trail to vociferously demand that it be passed while he was still in Congress.)

According to a "senior administration official", the budget will be between 3.5 and 4 trillion beginning October 1st.

634 billion will be set aside for the anticipated Universal Health Care Obama wants implemented. (What model exactly will be used isn't known. ) It's also anticipated that the cost could go up to 1 trillion for this program.

How is he going to pay for it?

Raising the tax rates on the salaries, dividends and capital gains of those making more than $200,000-$250,000, and phasing out their exemptions and deductions, can raise only a small fraction of the amount. Even if we have a strong economy, Mr. Obama's proposed tax hikes on the dwindling ranks of high earners would be unlikely to raise much more than $30 billion-$35 billion a year by 2012.

Besides, Mr. Obama does not claim he can finance his ambitious plans for tax credits, health insurance, etc. by taxing the rich. On the contrary, he has an even less likely revenue source in mind.

In his acceptance speech at the Democratic convention on Aug. 28, Mr. Obama said, "I've laid out how I'll pay for every dime -- by closing corporate loopholes and tax havens." That comment refers to $924.1 billion over 10 years from what the TPC wisely labels "unverifiable revenue raisers." To put that huge figure in perspective, the Congressional Budget Office optimistically expects a total of $3.7 trillion from corporate taxes over that period. In other words, Mr. Obama is counting on increasing corporate tax collections by more than 25% simply by closing "loopholes" and complaining about foreign "tax havens."


The administration has identified some preliminary savings it will ask Congress to approve.

Phase out of direct payments to farms (mainly corporate ones) with sales revenue of more than $500,000 per year. This two-year phase out of payments, which go to 25 percent of all farms receiving direct payments, is projected to save $9.8 billion over 10 years. It will also ask Congress to abolish payments for the storage of cotton, generating a projected 10-year savings of $570 million.

Eliminate the tiny Federal Mentoring Program, an initiative started in the second Bush presidency that costs $49 million a year. The administration says this program was added to more than 100 other youth-oriented programs at 13 different agencies. The 10-year savings is projected to be $500 million.

Eliminate a small tax cut known as the "Advance" Earned Income Tax Credit. Projected 10-year savings is $880 million.

Require investment managers (almost exclusively private equity and hedge fund managers) to pay their standard income tax rate -- instead of the current 15 percent rate -- on their income from annual fund profits. This is known as a "carried-interest" loophole because fund managers or investment managers typically pay income tax rates at their normal rate, but only 15 percent -- the current capital gains tax rate - on a portion of the fund's annual profits (upwards of 20 percent).

The administration will seek an additional $300 million to hire additional IRS agents to police and collect a portion of an estimated $350 billion in uncollected taxes. It will also seek "legislative and enforcement measures to reduce tax evasion and avoidance," including steps to "limit U.S. corporations' ability to deduct currently expenses allocatable to deferred foreign earnings." Translated, the administration will try to crack down on offshore tax shelters used by corporations and individuals to shield income earned in the U.S. from the IRS.

The president will seek significant savings from Pentagon procurement. No details or cost savings were specified but are expected Thursday when Defense Secretary Robert Gates briefs reporters on the overall defense budget.



So, let me see if I've got this right- Mr. Obama plans to increase spending on social programs to an unprecedented level, gut the military while we're at war, tax business and rich at a level that the average citizen would revolt over, and then spin the whole thing as good for the economy.


Mr. President-- have you taken a look at California lately? This is exactly what they did, and look at what it did. Small businesses went broke, big business left the state, citizens who were able to work are leaving the state in record numbers. California Democrats have literally created a welfare state. It's broke, and it doesn't work.

Wednesday, February 25, 2009

Obama Promised Line Item veto of Earmarks

Today, David Axelrod was quoted as saying that President Obama would not be scrutinizing the 410 billion appropriations bill because it was old business that should have been passed under Bush 'administration.

Mr. Obama? Ummm, it's coming to you for your signature. Not former President Bush. If it's coming to you for your signature, then it's your responsibility. Period. Dot. End of discussion.

To really understand the difference between what Mr. Obama says and does,, look back to Bill Clinton when he was questioned about Monica- I did not have sex with that woman. -- then later, he argued we really need to look at his definition of sex.

Semantics. Down here in Texas, we call it bullcrap. We also call it dishonest. Where is the transparency? Where are these "highest ethical standards"? What happened to reforming how Washington does business?

If I apply the common morals and ethics of most law abiding, tax paying citizens, then Mr. Obama is a lying, cheating, scheming stealing politician who said whatever he had to in order to get elected.

Granted, all politicians lie, but this one ran on a reformers platform. He ran on a ethics and transparency platform. I think he'll end up finding they weigh like and anchor on a drowning man.

787 billion+ 400 billion+ 250 billion+ 700 billion

We're not hearing a lot about the 400 billion dollar omnibus bill; the bill the Federal government needs to keep running for the rest of the year.

What I find interesting is this- the spendulus bill was 787 billion. The omnibus bill is another 400 billion. The interest will bring the tally for this month to 1.8 trillion to 2 trillion dollars. Does this president really think we have enough rich people in this country to pay this bar tab?

Someone figured out how to conceive of just how much money we're actually talking about. He said, if you spend a million dollars a day, from the day Christ was born to today- you still couldn't spend as much as Congress and Mr. Obama have.

So far, the Federal government has spent two trillion, one hundred and thirty-seven billion just on bail outs and pork and a minor amount in actual stimulus.

Now, how does our government borrow money to pay for deficit spending?

Well, Congress passes a bill for appropriations. It goes to the president for signing, and after that, it's sent to the Federal Reserve. They, in turn, issue bonds with a set interest rate. (That's the interest we tax payers end up paying for this boondoggle.)

Once bonds are issued, foreign banks and countries buy the bonds, usually China and Japan. China owns almost a trillion dollars worth of our debt.

Sounds great, right?

It would be if foreign banks and countries weren't trying to dump our debt right now. A Chinese government official, after hearing of our money presses running 24/7, and the incredible amount of spending, said "We hate you guys. You're devaluing your money and you're dragging us down with you."

Now,, that's a problem.

You see, if foreign banks and countries don't buy our bonds, then the Federal Reserve will have to buy them. (And,, hows that work.)

In other words, Obama probably can't finance all his plans. I've said it before, I'll say it again; Look for massive inflation within 16 months.

Saturday, February 14, 2009

Obama Touts Passage of Bill as Advance in Health Care

If you'll remember, I mentioned that this health care reform initiative was a trojan horse for democrats to institute socialized medicine.

Now, think carefully- did President Obama put any spotlight on this provision prior to it's passage? No? Then why is the white House now crowing about the provision?

Didn't the House of Representatives institute a gag order on debate about the bill? Why would they do that?

Was the public given the promised 48 hours to review the bill? No? Why is that?

Were the people voting on the bill given opportunity to even read what they were voting on?

Let me ask a hypothetical; Would you allow a surgeon to operate on you without his knowing what is wrong with you, and how to correct it? Even better, would you allow that same surgeon to act this way with your child?

Then why are we allowing the politicians to act in the exact same way with our childrens future, and our own?

Remember I wrote about this when a Federal Council on Health Care denies you a procedure because it doesn't fit their model on comparative-effectiveness research.

This bill has undone all the progress on welfare reform-- prior to this bill, Clinton had signed a welfare reform bill that shifted the burden of welfare back on the states, thus, the states with incentives to go to work,, also had the lowest welfare. Now, all US working citizens will pay for those states who have the largest welfare rolls. ie, Texas will now pony up for California's pie in the sky wet dream liberal programs. (Just an example, but accurate.)

Want my advice on how to spend that extra 13 bucks week we'll be getting? Buy ammo. At least then you can hunt to provide for your family.

Friday, February 13, 2009

1071 Pages-- Voted On, But Why Bother To Read It?

Obama got his 1071 page, 787 billion dollar spendulus plan.

The good news for you,, if you have a job, is that you can possibly get up to 13 bucks more in your check each week.
The really good news is that those who don't pay taxes at all will be the first to benefit from this package.

Washington just sold your children and grandchildren into servitude to pay for welfare-- aren't you proud?

Oh yes, remember how Obama was going to cap CEO salaries? Not so now. That provision was removed from the bill. It turns out that those same CEO's who were demonized, also pay about one billion a year in taxes. The Dems don't want to lose that revenue.

Back in November 2007, Barack Obama promised the American people transparency in government. That he would ensure bills were posted at least 48 hours for the public to see.

He promised the strongest ethics of any president ever. He said no lobbyist would be allowed to work in his cabinet.

Well, the bill was printed at midnight, then voted on less than twelve ours later. No one got to read it. The House speaker denied having the bill read in debate. Debate was forced closed less than two hours in and the vote was forced,, despite the fact that no one knows what the hell is in this bill!

As far as Obama and ethics-- so far he's managed to break pretty much every promise, every rule, every prinicple he touted on the campaign trail.


So much for promises. So much for change.

Thursday, February 12, 2009

12 Cents of Every Dollar

According to the Wall Street Journal, the plan the democrats are hailing as the only way to quickly invest in the economy will only get 12 cents of every dollar to actually do something that can conceivably stimulate the economy.

President Obama has defined stimulus as money that would go into creating jobs and moving the economy in the next two years.

"From the beginning, this recovery plan has had at its core a simple idea: Let's put Americans to work doing the work America needs done. It will save or create more than 3 million jobs over the next two years, all across the country," he said during his radio and Internet address last Saturday.

Let's look at just how well the presidents party is doing on that statement;

$198 million in pensions for Filipinos who fought alongside the U.S. during WWII. U.S. citizens would get $15,000 a year, but even non-citizens would still get $9,000 a year.

NASA is set to receive $450 million for "Science" and another $200 million for "Aeronautics."

$28 billion is being provided to put kids in special education, Head Start and child care and development programs for disadvantaged children.

$100 million for the Lead-Based Paint Hazard Control Grant Program.-- Can anyone tell me what in the holy howling pits of hades this stimulates the economy??

$200 million to the Leaking Underground Storage Tank Trust Fund Program.--Once again, the taxpayer gets to clean up the mess.

$300 million for "Violence Against Women Prevention and Prosecution Programs".--What ever happened to equal protection under the law? Having been a victim of domestic violence, and being male, I promise you-- I was definitely not afforded this protection. Sorry, but this one really chaps my backside. No, I wasn't arrested- I knew I would be if I tried to defend myself. I stood and took a beating to avoid going to jail. Great system we have, eh?

$900 million for the IRS for the "Limitation on Administrative Expenses".--Ok, so we'll spend more money to cut expenditures. Sooo,, how's that work??

$1 million for the Railroad Retirement Board for administrative costs.--Right. Sorry, but I'm just ill even thinking about this.

$2 billion for the Drinking Water State Revolving Act.-- ????

$50 million for Health and Human Services to carry out injury prevention programs. --50 million to prevent injury. What injury?? Where? Under what context??

$1.1 billion for studies on the effectiveness of different medical treatments.-- This is the trojan horse I spoke about. This one should scare the hell out of you. This is the health care Czar who will sit between you and your doctor, deciding what is actually acceptable treatment for you. Sounds ok, right? Ask the Brits if it’s ok for a bureaucrat to make your medical decisions.

$200 million to upgrade labs and facilities for the Department of Agriculture "to improve workplace safety and mission-area efficiencies". –Once more,, how is this a targeted program to stimulate the economy?

$10 million for urban canal inspection.—Have these people completely gone around the bend?

$16 billion to pay for student financial aid.—An admirable program, but once more—how does it fit the definition President Obama set?

$600 million to pay for a fuel-efficient federal auto fleet.—You’re kidding,, right? The taxpayer is going to pony up six hundred million dollars to buy a fuel efficient auto fleet??

$650 million for the Digital Converter Box Program to help the constantly delayed transition from analog television.—I’ll let you in on a secret—people are addicted to television. They’ll buy yhe damn converter box. The taxpayer doesn’t need to be on the hook for this.

$485 million to the Forest Service for "hazardous fuels reduction and hazard mitigation activities in areas at high risk of catastrophic wildfire".—Can you say—controlled burns? So, we’ll spend 485 million for controlled burns,, and then we’ll spend another half a billion probably defending the action in court when the save the environment folks sue.

Up to $1 billion for "summer activities" for youths as old as 24.—Come on,, is Washington really contemplating this??

$40 million for the occupational research agenda.-- ??????

$3 billion for the Centers for Disease Control wellness programs and vaccinations.- A admirable program,, but does it pass the litmus test of stimulating the economy?

$410 million for Indian health facilities.—I’m really really getting tired of asking the same question.

$2.4 billion for carbon-capture demonstrations.—Demonstrations??? Not actual working systems, shovel ready?

So, with a quick perusal of the proposed programs, I can see about 12 billion that we can cut without losing a single job. Without. Even. Trying.

Now, if a country boy like myself can do that in thirty minutes, why is it that an entire city full of politicians can’t do that in weeks?

We voted for change, we didn’t vote to be forced down a socialist road. President Obama insists that these programs will be temporary, for the duration of this crisis. Unfortunately, dismantling government entitlement programs is almost impossible, and paying for them will tax the American work force into poverty.

Have any of the proponents of universal health care bothered to tell the American public what percentage of wages are paid in taxes in countries with universal coverage? Or how about the rationing of health care? Is this really what we want? Do we really want our parents to be denied medicine or surgery because a bureaucrat decides it’s not cost effective?

Every time the government decides, “something must be done”, they inevitably make things worse. They never seem to learn, to leave well enough alone. The Japanese lost decade, the Great Depression, the New Deal. The definition of insanity is doing the same thing over and over, while expecting a different outcome.

Sounds kind of like what’s going on now, doesn’t it?

Tuesday, February 10, 2009

The Trojan Horse; H.R. 1 EH Hidden in Obama/Pelosi Spending Bill

The pdf text can be found here; http://thomas.loc.gov/cgi-bin/query/z?c111:H.R.+1:

The bill’s health rules will affect “every individual in the United States” (445, 454, 479). Your medical treatments will be tracked electronically by a federal system. Having electronic medical records at your fingertips, easily transferred to a hospital, is beneficial. It will help avoid duplicate tests and errors.

But the bill goes one better- The National Coordinator of Health Information Technology, a brand spanking new bureaucracy, will monitor treatments to make sure your doctor is doing what the federal government deems appropriate and cost effective. The goal is to reduce costs and “guide” your doctor’s decisions (442, 446). These provisions in the stimulus bill are virtually identical to what Daschle prescribed in his 2008 book, “Critical: What We Can Do About the Health-Care Crisis.” According to Daschle, doctors have to give up autonomy and “learn to operate less like solo practitioners.”

Keeping doctors informed on new techniques is wonderful, but forcing uniformity is unconscionable.

New Penalties

Hospitals and doctors are to be "meaningful users", those that are not “meaningful users” of the new system will face penalties. “Meaningful user” isn’t defined in the bill. That will be left to the HHS secretary, who will be empowered to impose “more stringent measures of meaningful use over time”.

The vagueness is intentional. In his book, Daschle proposed an appointed body with vast powers to make the “tough” decisions elected politicians won’t make. The penalties your doctor can face can really be left to the imagination of a political body, and rational medical decisions be damned.

There is a name for this "appointed body", and its called the Federal Coordinating Council for Comparative Effectiveness Research.

The goal, Daschle’s book explained, is to slow the development and use of new medications and technologies because they are driving up costs. He praises Europeans for being more willing to accept “hopeless diagnoses” and “forgo experimental treatments,” and he chastises Americans for expecting too much from the health-care system.

Elderly Hardest Hit

Daschle says health-care reform “will not be pain free.” Seniors should be more accepting of the conditions that come with age instead of treating them. That means the elderly will bear the brunt, and I don't mean the brunt of arthritis pain. It is an accepted fact that 90% of elderly health care is spent in the last six months of life. What Daschle is proposing, and this bill proposes is- not spending it.

Medicare now pays for treatments deemed safe and effective. The stimulus bill would change that and apply a cost- effectiveness standard set by the Federal Council.

The Federal Council is modeled after a U.K. board discussed in Daschle’s book. This board approves or rejects treatments using a formula that divides the cost of the treatment by the number of years the patient is likely to benefit. Treatments for younger patients are more often approved than treatments for diseases that affect the elderly, such as osteoporosis.

In 2006, a U.K. health board decreed that elderly patients with macular degeneration had to wait until they went blind in one eye before they could get a costly new drug to save the other eye. It took almost three years of public protests before the board reversed its decision.

Lurking Provisions

If the Obama administration’s economic stimulus bill passes the Senate in its current form, seniors in the U.S. will face similar rationing. Defenders of the system say that individuals benefit in younger years and sacrifice later.

The stimulus bill will affect every part of health care, from medical and nursing education, to how patients are treated and how much hospitals get paid. The bill allocates more funding for this bureaucracy than for the all the military spending combined.

Hiding health legislation in a stimulus bill is intentional. Daschle supported the Clinton administration’s health-care overhaul in 1994, and attributed its failure to debate and delay. A year ago, Daschle wrote that the next president should act quickly before critics mount an opposition. “If that means attaching a health-care plan to the federal budget, so be it,” he said. “The issue is too important to be stalled by Senate protocol.”

More Transparency Needed

On Friday, President Obama called it “inexcusable and irresponsible” for senators to delay passing the stimulus bill. In truth, this bill needs more scrutiny, transparency and discussion.

The health-care industry is the largest employer in the U.S. It produces almost 17 percent of the nation’s gross domestic product. Yet the bill treats health care the way European governments do: as a cost problem instead of a growth industry. Imagine limiting growth and innovation in the electronics or auto industry during this downturn. This stimulus is dangerous to your health and the economy.

Monday, February 9, 2009

Mr. Obama's Age of Transparency

President Obama said in Indiana today that he couldn't guarantee that every item in the stimulus package would work.

No kidding? Really?

If anyone reads this, remember I said it before the plan went into effect--- it. will. not. work.
When it doesn't work, Democrats will want a second stimulus bill.

If spending was all it took to get clear of a economic downturn, the Great Depression would have ended sooner. The Soviet Union would have won the cold war, Japan would have recovered from their real estate/banking collapse, hell, Sweden would be an economic powerhouse.

Spending your way out of financial ruin only causes further ruin. Take a page from the American people Mr. President-- Americans are adjusting by cutting waste in their homes and budgets.

Mr. President- your credit card is maxed out.

President Obama- Thank you for Establishing the United Socialist States of America

Tax cuts or socialist spending bill?

The difference between them is the difference between using glue and sniffing glue.

Tax cuts are accepted by economists to provide a 3 to 1 return, while social spending actually causes loss. The other little touted item economists across the board are worrying about, and Obama and Pelosi are definitely not telling is simple; sales tax collection is down 18%, over all tax revenue is down more. This 900 billion spending program will be followed up by an estimated one trillion dollar loss in government revenue, exclusive of any tax cuts.

So, the spending program won't work, revenues will be down, and we have the President of the United States, Barry Obama, screaming in public speeches that we're heading for a cliff. Great fear-mongering there chief.

Obama will get his socialist programs, despite history showing us that Japan tried the same thing, six times without helping their economy, and in fact, it hurt their recovery.

President Reagan cut taxes, and stabilized the dollar- we had a economic boom that lasted more than 20 years.

President Kennedy cut taxes, and the economy boomed.

Taxes were raised after the crash in 1929, and we went into the Great Depression. It can be argued that the socialist spending of the time made it worse. It is fact that we didn't come out of it until WWII and war production ramped up.

President Obama will get his socialist country, corporations will leave, jobs will leave, and then we'll get the change we were all promised. Personally, I don't want Texas funds to pay for California's lack of ability to stay within a budget.

Thursday, February 5, 2009

Democrat/Kleptocrat Tom Daschle

Tom Daschle is merely a symptom of what is wrong with our government. It's also interesting to note that despite his tax arrears he paid, there were no associated interest and penalties.

You know as well as I do, that if the common taxpayer fumbled his taxes, the IRS would take everything that wasn't nailed down.

I begin to understand why it is that the Democrats don't have a problem with the trillion dollar spending bill-- they don't bother with paying their taxes. How many of Obama's cabinet picks now have had tax issues??


I do however have a solution for you Mr. President-- let those who want this package also pay for it. I bet the enthusiasm for it very very quickly dries up.

Obama; "I Won"-- But you didn't have to force a USSA on us.

Mr. Obama, despite the fact you won the election, you didn't win the right to shove a trillion dollar spending bill that in no way gets us out of this recession down our throats. Try looking at the polls; Americans overwhelmingly do not want this.

We wanted clear, concise targeted programs that would actually build the infrastructure and in the process, create a few jobs. What you handed us is a bloated, shameless grab at stealing our children and grandchildren future.

Even China doesn't want any part of this. They don't want anymore US debt. They're looking to dump the bonds they already have. Can't say as I blame them-- they're almost worthless.

What's next Mr. President? Will you force 401K and 403B plans to buy 10% or even 20% in US bonds, or forfeit their tax status?

Where are the 4 million jobs Mr. President? How about that? Let me guess-- they'll all be in the Federal government.

I've said it before, I'll say it again-- double digit inflation within 18 months.

Tuesday, February 3, 2009

900 Billion Price Tag

I just can't get past the price of the so-called "stimulus" Bill. Barack Obama, the House and our Congress are playing the voters for fools with this thing. This Bill incredibly, (or perhaps not so incredibly), has almost nothing to do with stimulating the economy or creating jobs. If anything, it actually creates a pervasive climate of government dependency upon government spending.

It is rife with runaway government spending for pork barrel spending, increased welfare, government bureaucracy, political payoffs, and other waste.

I wrote a previous blog about this, but tonight, I'll lay it out a little more.

$2.1 billion for Headstart- a worthy program, but not known for "stimulating" the economy.

$2 billion on Child Care Development Block grants which provide day care.-- Sooo, we're going to borrow 2 billion to pay for babysitting??

$50 million for the National Endowment of the Arts.--God alone can follow the Byzantine logic that this will stimulate the economy or create jobs.

$120 million to fund part time work for seniors in community service agencies.

$500 million to speed processing of social security disability claims. It's reported this resulted in a net of one new job in the Obama administration. The new guys job is figuring out how this 500 million will stimulate the economy.

$6 billion to colleges and Universities. Don't we already provide hundreds of billions to these schools? And while the eduction provides long term ability to increase ones skillset, what on earth does this do for the economic meltdown currently occuring?

$13 billion in Title I grants "to provide extra academic support to help raise the achievement of students at risk of educational failure or to help all students in high-poverty schools meet challenging State academic standards," as the congressional report detailing this explains.

$13 billion in IDEA, Part B State grants to help pay for "the excess costs of providing special education and related services to children with disabilities." Once more, a noble idea- but what does it have to do with stimulating the economy?

$20 billion for increased food stamps, including lifting restrictions on how long welfare dependents can receive food stamp benefits. After all, doesn't it always stimulate the economy when you rob Peter to pay Paul?

$1.7 billion is to be spent to help the homeless, not a typical economic powerhouse for our society. No offense, but how does this further our supposed goal of improving the economy? You'll notice I don't say it's not a worthy cause, only that it has nothing to do with improving the economy.

$1 billion goes for the Low Income Home Energy Assistance program, to help low income families pay their heating bills, a worthy objective that has nothing to do with stimulating the economy.

$1 billion goes to the Community Services Block Grant to support "employment, food, housing, health, and emergency assistance to low-income families and individuals."

$200 million goes for senior nutrition programs, such as Meals on Wheels.

$200 million for AmeriCorps, to help satisfy "increased demand for services for vulnerable populations to meet critical needs in communities across the U.S."

$5 billion is devoted to public housing.

$87 billion is to be spent on Medicaid, a welfare program already costing roughly $400 billion per year. Those funds would be spent in part on "family planning services," meaning contraception.

Not one of the above programs will produce a single job. In fact, they are far more likely to produce longterm reliance on government welfare.

$2.5 billion for the National Science Foundation.

$2.0 billion for the National Park Service.

$650 million for the U.S. Forest Service.

$600 million for NASA. -- Ok, this one might create a job or two,, or possibly just keep a few layoffs from happening.

$800 million for AMTRAK.

$276 million to the State Department to upgrade and modernize its information technology,

$209 million for maintenance work for the Federal Agricultural Research Service.

$150 million for maintenance work at the Smithsonian Institution.

$44 million for repairs and improvements at the Washington, D.C. headquarters of the Department of Agriculture.

$245 million to upgrade the information technology of the Farm Service Agency.


None of these programs are anything but bureaucracies borrowing from the private sector, (you and I-- our taxes), for a net gain of zip.


$1.1 billion for federal comparative effectiveness research in regard to health-care services. The congressional report explaining the stimulus bill says:
"By knowing what works best and presenting this information more broadly to patients and healthcare professionals, those items, procedures, and interventions that are most effective to prevent, control, and treat health conditions will be utilized, while those that are found to be less effective and in some cases, more expensive, will no longer be prescribed."



Since when do politicians in Washington know what items and procedures, and interventions are most effective to "prevent, control, and treat" health conditions? Isn't that what doctors spend years in college to learn? Isn't it what doctors spend years in residency programs to learn how to implement? How is that a politician with zero medical knowledge or training thinks they can legislate what is best for a patient?


$4.2 billion provided to the Neighborhood Stabilization Fund, which provides the funds to local governments to purchase and rehab vacant housing due to foreclosure.

The congressional report accompanying the stimulus bill states, "Up to $750 million may be used for a competition for nonprofit entities to enhance the funding included under this heading through capitalization of the funds." It is reported that this money is meant for ACORN- you know,, the far left, lawbreaking agency Obama supports?

$79 billion is to go the states to maintain their government spending, particularly for such jurisdictions as California, New York, New Jersey, and Massachusetts. High state government spending is also not a source of economic growth. Balancing ones budget and living within ones state tax base also seems to be old fashioned.

$3 billion for health care prevention and wellness programs, such as childhood immunizations and other state and local public health programs. Another worthy program,, just not an economy stimulator.

$2.4 billion for projects demonstrating carbon capture technology. Great to buy research, but where are the jobs?

$17 billion for Pell Grants.

$1 billion for Technology Education. After all, technology can't stay uneducated.

$1.9 billion for the Energy Department for "basic research into the physical sciences."

$650 million for digital TV coupons to help Americans upgrade to digital cable television. Once again,, where are the 4-6 million jobs here Barry?

$100 million to reduce lead-based paint hazards for children in low income housing. Ok, this one I have a real problem with. Why in hell are we not slapping the homeowners with this 100 million? How about the landlords, or slumlords,, whichever may be the case. How did this become the taxpayers responsibility??

$400 million for "habitat restoration projects" of the National Oceanic and Atmospheric Administration.

$1.2 billion for summer jobs for youth.

$2 billion for Superfund cleanup.

The list goes on. Frankly, it makes me sick reading it. Here it is, http://appropriations.house.gov/pdf/RecoveryBill01-15-09.pdf



The data shows that even if Obama's plans will save or create 3.7million jobs, the cost of those jobs will be approximately 200,000 each.

Mr. President, we're better off with you simply sending each of those people a check for 50,000, and lower taxes.

How about it? You said you would entertain any reasonable idea. Isn't it reasonable to save the taxpaying public, and just drop the checks on those that need them?

Or at least, it's no more ridiculous than what our Federal government is actually doing.

Obama Transparency Rather Murky

Barack Obama campaigned on the idea of returning ethics and honesty to Washington. He enacted tough rules concerning lobbyist being appointed. He reveled in the idea of creating 4 million jobs and providing an economic recovery plan.

All admirable goals.

Too bad he's done exactly the opposite of what he promised,, and made no bones about it. After all, "he won",, right?

Let's look at it for a moment;

Timothy Geithner as treasury secretary-- so we pick a cheat. A tax scofflaw to run the treasury??That's change we can believe in??

Tom Daschle is President Barack Obama's nominee to oversee the Health and Human Services Department.--- Ok, here's yet another tax scofflaw,, to the tune of over one hundred thousand dollars. That's more than most American even make a year, much less what we pay in taxes.

And how about the IRS? If you or I owed this kind of money, the IRS would have locked down every single thing we had until that debt was settled.

Now where oh where are our ethics,, and our observation of rules we put in place ourselves. I mean, come on Barry, you broke your own rule on lobbyists one day after you made it.

So much for tough new rules, eh Barry?

Triffles I say,, mere triffles. (Especially if you're Obama-- after all,, he won).

The real 800 pound gorilla in the room is the "recovery" bill.

I took the time to actually read the entire 600+ page bill.
Folks, it's scary. It's a entitlement wet dream come true. It's not just a pork barrel on spending, it's the whole pig farm.

By my own admittedly non-expert judgement, it was 80% pork, and about 20% that could conceivably be called economy stimulating.

But rest assured America, California will have the best damn ATV trails in the world.

Sunday, February 1, 2009

You have to read the fine print America

Do you all remember during the elections we were promised "change we can believe in"?

Well, let's look at what we got. The upside is- we finally elected a black-white-arab-American. Toodles for us! Americans will impress me more when the color of skin, or the gender of the president isn't remarked on.

The downside is, we elected the ultimate tax and spend radical liberal we could find. Congrats America. One overly boring, yet determined look at the 1.10mb, 647 page @130% pdf file of the "stimulus" package reveals that pretty damn quick. Funny how Pelosi & Co. breeze on by explaining this package.

This isn't a stimulus package folks- it's a social spending package, pure and simple. It's also the largest social package in the history of our country. It also has damn little to do with actually stimulating the economy. The only way this package will increase jobs is by hiring ridiculous numbers of new federal employees, which is already happening.

We've also pumped a record amount of cash into the system. The presses are running three shifts, printing money in obscene amounts.

Why is this relevent?

Given the state of the economy, (in the toilet), the half a million jobs being lost monthly, record amounts of cash being printed and put in circulation- we're looking at run away inflation on top of record unemployment within 24 months.

That's the change you voted for America,,,or at least 52% of you.