gop's take on stimulis bill

If I could link this would be much easier for you, sorry I am still too dumb to do it! Anyway, on CNN.com live video I just heard one of the Republican leaders say that there is a portion of the presidents stimulis package that gives states money for assistance. Sorry I missed the amount and did not recognize the man. He was mad about it and said "we should LOAN the states the money!" I thought that was awful. These politicans sit in their fancy homes with their good paycheck and pass judgement! I am sure the money would help the welfare of those people living in those states. These are horrible times in this country because of the greedy, bottom line! What do you guys think?

The state governments are just as bad as the federal government in trying to live beyond their means. Instead of trying to spend more than what they take in, they should live within their budget. Everybody is looking for a bailout.

$79 billion bails out states that haphazardly expanded their budgets during the bubble years, but refuse to retrench and cut back, as their taxpayers have had to, during recession years.

www.house.gov...

I think some statements said by those GOP dudes was correct. But the way that guy said what he did about the states, was condesending to me.

I think every congress person who voted and will still voted shoul hang their head in shame, oh I forgot they are socialist they don't have any shame. If they did they would not be attacking god. Nancy, Barney, Rangle should be in the first bag of trash took out.all

The fact of the matter is that this "Stimulus" package stimulates nothing. The jobs that it claims to create in the private sector are temporary at best. The other jobs are a simple expansion of the government which means more long-term spending on largely ineffective programs. I can't think of one period in time where government has created wealth!?!?

The bulk of the rest of the spending goes to pork projects; STD research, Mafia Museum and other such goodies. This is ab abhorrent waste of tax dollars. And YES, the speaker is correct, these should be LOANS to the states. These states have created their own problems and should be held accountable. Until people recognize the true pain created by the politicians, this kind of tax and over-spend behavior is going to continue. It's kind of like the parents paying off the kids credit card debt but not taking away the credit card - do you think the kid learned his lesson???

The only States monies i heard of is the ammounts the federal govt, Treasury will divvy out to projects which are 'shovel ready'

that means if your state already has the plans and started construction
planning on a new road or bridge...any of those Infrastructure Rebuilding
projects the the new regime deems is part of the Obama Stimulu$ package


the states themselves used too high property taxes to fund most of their
over-the-top expenses
and as the consumerism model folded...there are fewer well paid, willing or
able to maintain McMansions and 3 car garages...& the state source of income has contracted to the absolutely realistic level,
which is 10x lower than their fantasy models of creating mini utopias



_______________________


As far as the GOP vision of stimulus...

we've seen their 8 years of sending the volunteer military to Iraq & Afghan
and we've seen the tactic of using Black operations, blackwater security,
these are the ways of employment of the masses the GOP & their handlers (the neocons & dual citizens) used to inflate the employment stats

[edit on 1-2-2009 by St Udio]

reply to post by St Udio
You have great insight my friend. That sure makes sense.

Also keep in mind the "thug" tactics that states will resort to if they don't get their money. California has decided to take the state tax refunds owed to its citizens and use those refunds instead to pay the state's bills. They claim that they have a legal right to use the refunds for doing so.

Now they SAY that the citizens of CA will get their refunds sooner or later, but how can you trust a local government that resorts to stealing? This IS NOT their money to be using - it belongs to taxpayers. The fact that taxpayers overpaid on taxes and are due a refund is not a great thing, but the fact is when you overpay something you are due that money back.

So why should the federal government be "giving" states like California anything, especially when they are taking money that doesn't rightfully belong to them?

[edit on 2-2-2009 by sos37]

reply to post by kozmo


I absolutely agree with this opinion. If it is sooo necessary, why not a small bandaid for the upcoming year, where it is needed. Why are they fighting over plans for 2015 or so. I must agree also with Graham=this bill stinks

I think there is a whole 3 GOP collaborators to this stimulus mess. The Democrats hold majority in both houses and don't need a single GOP vote to do this.... of course if it doesn't work, the Dems want some GOP members to blame for voting for it.. .LOL

I have even heard stories that the Republicans are "blocking" it.... hmmm

How can they block it when Dems have all the votes they need??

Originally posted by sos37
Also keep in mind the "thug" tactics that states will resort to if they don't get their money. California has decided to take the state tax refunds owed to its citizens and use those refunds instead to pay the state's bills. They claim that they have a legal right to use the refunds for doing so.

Now they SAY that the citizens of CA will get their refunds sooner or later, but how can you trust a local government that resorts to stealing? This IS NOT their money to be using - it belongs to taxpayers. The fact that taxpayers overpaid on taxes and are due a refund is not a great thing, but the fact is when you overpay something you are due that money back.

So why should the federal government be "giving" states like California anything, especially when they are taking money that doesn't rightfully belong to them?

[edit on 2-2-2009 by sos37]

You guys are absolutely ridiculous...What planet are you guys On?


Did any of you see the jobs report?

Did you?

Economists React: Jobs Report Shows ‘Slow Motion Train Wreck’
Economists and others weigh in on the January employment report, which showed a loss of nearly 600,000 jobs and a rise in the unemployment rate to 7.6%.

Another horrific report, showing job losses across the economy. Manufacturing jobs down a huge 207,000 — that’s a 1.6% drop in one month — construction down 111,000, retail down 45,000, business services down 121,000. The only private sector gain was in education and health. Household survey employment fell 1.239 million, the worst since records began in 1948. Only a dip in participation prevented an even bigger rise in the unemployment rate… If ever there were an economy in need of stimulus, this is it. –Ian Shepherdson, High Frequency Economics

You guys should be ashamed!

We lost 600,000 more jobs - Does that register with any of you?

Can any of you please tell me where those people are going to go to work?

Can any of you tell me what will happen when they stop paying their bills?

Do you understand the idea behind stimulus?

THERE is plenty of supply but no demand -

We are TRYING to stimulate demand ARTIFICIALLY - this is done in a capitalist society
by using MONEY -

You inject money into the economy to create circulation.

Each job lost is...

reply to post by mental modulator


Absolutly ridiculous... No.

I see a waste of money on crap... sure maybe 25% of the stimulus might put someone to work but to much is pork and payback to special interest.

Most of us are pissed off because these so called bailouts and stimulus programs are nothing but theft and it is obivious. There are much better solutions to our current problems than junk spending. I have a couple that I will link below if you bother to read it.

DON'T fall into the fear mongering of "we have to do something" because what you will get is more failure and more theft.

What we have to do is DO IT RIGHT. Just dumping money into a campfire of corruption will do little to nothing except make a few individuals richer.

Here are solutions (take a little time to read / view, it is worth it). Don't be a sheep and agree with junk just because your scared as their solutions probably will not help you or few other common citizens. (And yes, it IS because they are not trying to hard)

Solution 1: Complete Economic Reset that (would have) cost less - www.abovetopsecret.com...

Solution 2: Economic Security and Energy Independence all in one -

www.abovetopsecret.com...

And yes, I tried to get these programs visibility with both politicians and talk radio... no dice. I am trying.

Is this really what you voted for? Are you shocked at the complete and total reversal of every promise made on the campain trial. We are in for 4 years of total and complete distruction of our way of life. Total open goverment? Did you get to read or vote on the bill passed? Was this not a promise made by our new President? I did not vote for this man but was willing to work with him as he is our President. I am not shocked as I thnk he is doing exactly what he said he would do. Who is running the country? What do you think the people who want to attack our great nation think? Are we really better off? Hope and Change........If George Bush proposed this would you sit by and except the complete and total take over of our private sector? The Dems created this miss and now they are in control of repairing it? The information is easy to find on the net, all you have to do is research the fall of the housing market. ( Fannie May Freddie Mac) Who defended this down fall and who on more than once said we are in trouble.
I love my country and dont care if the President is White, Black, Female, Indian or Asain. I do care if he or she cares about each person and the rigth to live free. We are not like any other nation on the planet and that is what has made the US great and the envy of the world.People burn flags and degrade the US, but they cant wait to get here and live the dream. Why did we get on ships and come to this land? Have we truly come full circle? GOD bless this nation and GOD help this nation.

It's time for term limits. The dinosaurs that are now in office think they can"t be replaced. They set on these committees, blunder their way through, until something happens and then point fingers to everyone else. They all took kick backs including President Obama. Impeach the whole bunch and start over!

reply to post by mental modulator


Many of those jobs lost were from the churned economy created by the Fed and the bankers. Credit wasn't going to last forever and churned housing bubble and all the jobs created were unsustainable.

Instead of de-leveraging of of the credit crisis, the government is continuing the unsustainable economic churning. Sure the stimulus might create jobs for the short term, but what happens when the stimulus money starts running out?

In a couple years, the government will need to create another stimulus. Can we afford this huge amount of spending? Are more taxes going to have to be raised to pay for the interest on all this borrowing?

If the government REALLY wanted to help, they would completely take over the issuance of money and thereby saving billions of dollars of interest paid for treasury bond holders (aka Fed and bank owners). It has been done before, and it has worked.

Lincoln needed to fund the Civil War but interest rates were around 30%. Instead of borrowing from banks, he said screw it and printed the United States Note which is similar to the Federal Reserve Notes other than the fact that the U.S. note is not debt based and doesn't have to be paid back with interest.

Imagine what would happen to our economy that is so debt burdened if it got rid of its debt based currency and replace it with a debt free currency, like the one that helped the U.S. in a previous dark time.

Then again, not many politicians want to be shot in the back while watching a movie......