Watch your tax money go down the drain

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BadBoy@TheWheel

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Give me your opinion on why you think "your tax money is going down the drain"?


Because even though Obama claims this isn't taxpayer money, it was money that was made, inevitably there is going to have to be a heavier taxation on those of us still working to offset inflation, and replace the money that was given away.

Essentially that money was ours, to a degree. And it is a waste, it's not going to stimulate the economy. You don't fix excessive debt by creating more, that's fucking absurdity, it makes no sense.

And interstingly enough, righ ton the heels of blasting the previous administration for the inherited defecit:24:

So let's create another 2 trillion dollar hole that will never be filled, then we can just point back to the last 8 years:p
 

Alien Allen

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Give me your opinion on why you think "your tax money is going down the drain"?
This was passed under the guise of stimulating the economy. There is little in it that does that. The democrats appear to believe that spending money to revamp, upgrade and add to their existing pet projects is a stimulant. Not much of this is going to accomplish the intent. Thus money down the drain as far as its intent. So while the economy will continue to tank we can be grateful for better roads etc. but meanwhile we have just gone into debt deeper and deeper. Sheer madness. The money should have been spent on things to get the economy going quicker so as to restore the taxes coming in.
 

BadBoy@TheWheel

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Not to mention, the Democrats refused to maintain the original clause that employers who recieve monies must use E-verify.

Bottom line, it'll be illegals re-building our infrastructure, levys and bridges.

Fucking believe that. Then we'll just make them citizens, since they are here and all, and WHAM, now we got 30 million more democrat votes
 

flipx

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I'm not disagreeing, just asking for your opinions. As the OP seemed to just make a rather bold statement, and posted a link along with it. I agree with you both on mostly all of the points you have made.
I am not an American citizen, so I'm not fully up to date with the goings on in office over there etc. I do know that there is no ultimate solution to the economy at the moment, and I think that Obama is probably doing as much as he can with good intentions. You talk about going "deeper and deeper into debt". Who are you talking about when you say this? The government?
 

Alien Allen

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Obama is all about shoring up the base. This is a massive bone he threw to the base. On a selfish not it might save my wife her job at the school district for another year as part of the stipulations is that states can not take stimulus money and continue their cuts in education which are facing.

Of course the govt is going further in debt. Which means that ponzi scheme is just getting closer to the end. At some point the house of cards will collapse. The most laughable part is the liberals made a living out of bashing Bush and Reagan for massively increasing the debt. Which is absolutely true. So their answer in the first month of power is to abuse that power and foist an unbelievable poorly thought out massive spending plan. Sheer friggin madness.
 

Alien Allen

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Lots of Republican talking points... on to 2012. :smiley24:
over half of it had nothing to do with stimulating the economy and creating jobs.

This guy is not helping matters either by talking so negatively and hinting another stimulus package may be coming down the road. Of course the talking points from the liberal will be that it was so bad when he took office all these extreme measures are needed.

Come on Minor you can not be that dumb to believe all of that spending is for things to create jobs and stimulate the economy. Forget the last 8 years and tell me how you can justify sending us that much further in debt on programs that are not going to do anything to stimulate
 

Accountable

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My governor said he wasn't going to take the money reserved for Texas. I guess some other greedy bastards got to him, because now he says he'll take it .... but nobody's going to make him like it! He'll probably buy his own Cadillac Obamobile.
 

Alien Allen

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My governor said he wasn't going to take the money reserved for Texas. I guess some other greedy bastards got to him, because now he says he'll take it .... but nobody's going to make him like it! He'll probably buy his own Cadillac Obamobile.

Our state is drooling over how to spend the money. I was at a meeting this week at the State Chamber of Commerce and the subject came up. The state even has a web site set up already with a listing of possible projects.
 

flipx

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Seen this on the news, and read further into it:

BBC NEWS | World | Americas | Agents find billionaire Stanford

Not good.

Also, I'd like to note the 'global hurricane', described by my PM Gordon Brown, at a UN Conference. We are going into a Japan-style, decade long recession. "It said this could add between £1 trillion and £1.5tn to public sector debt - between 70% and 100% of the UK's GDP.", That's a lot of money, and this is just in the UK. Full story here:

BBC NEWS | Business | Recession reduces total tax paid
 

Alien Allen

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Still looking for a link for specifics. At this point I regard your statement as partisan rhetoric fed to you by talking heads.

Here are a few directly out of the Act.
They might be worthy things to spend on but have nothing to do with stimulating the economy that I can see. This is only a brief scan of the first 15 pages.
http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=111_cong_bills&docid=f:h1enr.pdf
WATERSHED AND FLOOD PREVENTION OPERATIONS
For an additional amount for ‘‘Watershed and Flood Prevention
Operations’’, $290,000,000, of which $145,000,000 is for necessary
expenses to purchase and restore floodplain easements as authorized
by section 403 of the Agricultural Credit Act of 1978 (16
U.S.C. 2203) (except that no more than $30,000,000 of the amount
provided for the purchase of floodplain easements may be obligated
for projects in any one State): Provided, That such funds shall
be allocated to projects that can be fully funded and completed
with the funds appropriated in this Act, and to activities that
can commence promptly following enactment of this Act.

FOOD AND NUTRITION SERVICE CHILD NUTRITION
PROGRAMS
For an additional amount for the Richard B. Russell National
School Lunch Act (42 U.S.C. 1751 et. seq.), except section 21,
and the Child Nutrition Act of 1966 (42 U.S.C. 1771 et. seq.),
except sections 17 and 21, $100,000,000, to carry out a grant program
for National School Lunch Program equipment assistance:
Provided, That such funds shall be provided to States administering
a school lunch program in a manner proportional with each States’
administrative expense allocation: Provided further, That the States
shall provide competitive grants to school food authorities based
upon the need for equipment assistance in participating schools
with priority given to school in which not less than 50 percent
of the students are eligible for free or reduced price meals under
the Richard B. Russell National School Lunch Act.
SPECIAL SUPPLEMENTAL NUTRITION PROGRAM FOR WOMEN, INFANTS,
AND CHILDREN (WIC)
For an additional amount for the special supplemental nutrition
program as authorized by section 17 of the Child Nutrition Act
of 1966 (42 U.S.C. 1786), $500,000,000, of which $400,000,000 shall
be placed in reserve to be allocated as the Secretary deems necessary,
notwithstanding section 17(i) of such Act, to support participation
should cost or participation exceed budget estimates, and
of which $100,000,000 shall be for the purposes specified in section
17(h)(10)(B)(ii): Provided, That up to one percent of the funding
provided for the purposes specified in section 17(h)(10)(B)(ii) may
be reserved by the Secretary for Federal administrative activities
in support of those purposes
STATE AND LOCAL LAW ENFORCEMENT ACTIVITIES
OFFICE ON VIOLENCE AGAINST WOMEN
VIOLENCE AGAINST WOMEN PREVENTION AND PROSECUTION
PROGRAMS
For an additional amount for ‘‘Violence Against Women Prevention
and Prosecution Programs’’, $225,000,000 for grants to combat
violence against women, as authorized by part T of the Omnibus
Crime Control and Safe Streets Act of 1968 (42 U.S.C. 3796gg
et seq.): Provided, That, $50,000,000 shall be for transitional
housing assistance grants for victims of domestic violence, stalking
or sexual assault as authorized by section 40299 of the Violent
Crime Control and Law Enforcement Act of 1994 (Public Law
103–322).
 

Minor Axis

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Thanks for the link, Allen, I'll take a look. Generally the things you highlighted are not considered pork, however it's debatable how stimulating they are. ;)
 

BadBoy@TheWheel

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Pork is usually something like the $5 million for the Grasshopper Museum in Podunk, Nebraska not a "Feed Poor Children" program but I acknowledge what you're saying.


The entire fucking bill is pork....In my opinion....It's a trillion dollar giveaway that doesn't stand a snowballs chance in hell of bringing jobs back, or stimulating the economy.

And BTW, for all of you who have bought this whole "Worse economic condition since the great depression"

Go take a look at some history, the DOW would have to drop another multiple thousand points and un-employment would have to climb to between 15-23%;)

Obama is selling this doom and gloom and the market is steadily tanking. Frankly I think he wants it that way so they can nationalize everything:ninja
 

Minor Axis

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It appears that the Democratic Party for the time being holds the future of the country in their hands and the key to their political future. It's a great opportunity that they can capitalize upon and strengthen their position or they can fall on their swords. Time will tell! :D
 
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