The White House Readies a Stealth Stimulus, page 1
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reply posted on 20-10-2009 @ 08:13 AM by whatukno
reply to post by endisnighe



Part of this would be some tax cuts, (probably not a whole lot) but there would be tax cuts.

If you would like to see where your money from the first mega giveaway of our treasury went you can check it out

www.recovery.gov...

Republicans tried a (I guess you could call it a government vacation) shutdown of the federal government back in 1995. Which should have gave politicians a lesson about bi partisanship and working together to actually help this country, however no lessons were learned.



reply posted on 20-10-2009 @ 08:48 AM by SpartanKingLeonidas
reply to post by whatukno



I am sorry but the first stimulus package did not go where it was supposed to.

Why do we need a second one when they stole the first one?

The Bailout Package, stimulus package, and whatever other names you attached it are just theft of tax-money, plain and simple.

Where'd The Bailout Money Go? Shhhh, It's A Secret

[edit on 20-10-2009 by SpartanKingLeonidas]


reply posted on 20-10-2009 @ 09:17 AM by endisnighe
reply to post by whatukno





I don't believe that spending more is going to help. I believe that the original stimulus in fact lengthened the recession and made things worse. Giving billions of dollars to failed companies was a bad idea. The DOW is once again over the 10,000 mark but and thus the economy no longer is in Recession (Yea right) But how long will that last?


It will last as long as the Rich get enough of us poor into the Market again and than booommm short sell and make her collapse. Same thing happened in the First Great Depression.


reply posted on 20-10-2009 @ 09:24 AM by whatukno
reply to post by endisnighe



It's going to be hard to get enough of us poor in the market again to pull that off. With many of us unemployed. Knock wood I still have a job.

We import too much manufacture way too little and then the cost of living is so high that companies outsource jobs overseas because they get cheaper labor. And we wonder why we are in such a mess?

I just don't see how throwing good money after bad is going to help.


reply posted on 20-10-2009 @ 10:20 AM by marg6043
reply to post by mikellmikell



Sorry to bring this to you but the rest is in the hands of Wall street and for the generous bonuses they will be giving at the end of the year.





reply posted on 20-10-2009 @ 11:51 AM by whatukno
reply to post by marg6043



That was TARP all that money is in the hands of John Galts down on wall street.

The 700 billion in stimulus was meant to be rationed out to states over I believe 3 or 4 years. The states however instead of making shovel ready jobs cushioned their budgets with it and spent some of it on stupid projects like a multi million dollar boarder crossing that receives maybe 12 cars a day.


reply posted on 20-10-2009 @ 01:16 PM by marg6043
reply to post by whatukno



Well like I posted on another thread the "American stimulus funds" has been used to make this big flashy and expensive sign in my neck of the woods telling us that a portion of the road was fixed (paved) with the stimulus money. To tell you truth the signs look more expensive that any work the did on the roads.



On top of that the city politicians has been found many of them on all kind of corruptions charges and fraud by the citizens for the protection of tax payer money.

I tell you here in my neck of the woods things are really getting ugly.

[edit on 20-10-2009 by marg6043]


reply posted on 20-10-2009 @ 01:22 PM by badgerprints
Originally posted by SpartanKingLeonidas
reply to
post by whatukno



I am sorry but the first stimulus package did not go where it was supposed to.



Well, only about 17-18% of it has been paid out but we're still paying the interest on the other 600+ billion. Not to mention that the estimated total cost to pay it all back with interest and the states required input will exceed 20 trillion.

But hey, they've created almost 40,000 jobs. That's just an outlay of 500 billion in printed money and interest per job when it's all said and done.

With math like that, who needs a failing economy, a corrupt political system, a robber baron financial world, a world backed agenda to destroy the dollar, a president and administration that want to subjugate the citizens to the UN, an overblown multitrillion dollar military that protects everyone but the US citizens, a congress and senate that are planning to double the cost of healthcare in the name of making it cheaper and a media that despises the average American citizen and works in concert with the administration to keep them distracted and ignorant of the facts?



It's like a bad movie. You couldn't make this stuff up and have people believe it.
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