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Obama's pork barrel is open – and it is stinking

XeVfTEUtaAqJHTqq

Master of Distraction
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Even Scotland can smell it . . .

http://scotlandonsunday.scotsman.com/comment/Gerald-Warner-Obama39s-pork-barrel.4982005.jp

Gerald Warner: Obama's pork barrel is open – and it is stinking


Published Date: 15 February 2009

STIMULUS is one of those neutral, unexceptional words that is suddenly appropriated by politicians and debauched, so that ever after it will have connotations that are sinister, ironic and sleaze-ridden. Barack Obama's "stimulus" plan will be long remembered as the occasion when political euphemism triggered economic disaster.

There is no terminology available to express adequately the appalling irresponsibility of this naked political banditry. To have squandered a fraction of the near-$1 trillion cost of Obama's pork barrel in days of prosperity would have been more than reprehensible; to do so at a time of financial crisis is unforgivable. Obama likes to pose as the heir of Abraham Lincoln: as this shameless bribery demonstrates, he is heir only to the Chicago Democrat political machine that spawned him.

Where is the stimulus to the economy from throwing $6bn at colleges and universities, many of which, unlike their British counterparts, already have billion-dollar endowments? Or in throwing $1bn at Amtrak, a railway re-enactment society that will appeal only to those nostalgic for the masochistic pleasures of British Railways? Or in the more modest $100m being squandered on reducing lead-based paint?

Even the temporary boost that such ploys as spending $5.5bn on the "greening" of federal buildings may give the construction industry have been blunted, at least in the Senate bill, by omitting the E-Verify mandate that was in the House bill. This would allow an estimated 300,000 illegal aliens to parasite on construction jobs; they are even awarded tax breaks in another part of the package.

To call this spendthrifts' wish list a "stimulus" is an insult to America's intelligence. Instead, it is a hotch-potch of politically correct liberal obsessions: $75m to promote "smoking cessation" (that will stimulate retailers); a $246m tax break for Hollywood trash merchants; and even an extra $300m medical appropriation to treat Casanovas who, in the coy euphemism, have been kissing girls with runny noses.

The most blatantly sinister item is the allocation of $4.2bn to "neighbourhood stabilisation", the programme that will enrich the far-left organisation ACORN which played so controversial a role in voter registration during the recent presidential election. In tandem with that goes $1bn to forward Obama's ambition to control the 2010 census, rich in electoral opportunity for the promoters of the one-party state.

This pork barrel is open and stinking. Senate majority leader Harry Reid had concerns about re-election, so he lobbied Obama and was duly gifted $8bn to develop high-speed rail lines between Los Angeles and Las Vegas. Presumably easier access for punters to Sin City is designed to stimulate the economy. New York Democrat senator Chuck Schumer insouciantly claimed last week that the American people really don't care about "little tiny, yes, porky amendments".

The plummeting support for Obama's confidence trick – down to 37% in one poll – suggests that they do care. They will care even more when they see this toxic package within the context of America's overall indebtedness. That context is what makes the difference between writing off the stimulus as a piece of irresponsible, but ultimately affordable, Keynesian self-indulgence and recognising it as a supreme act of folly.

Firstly, there is the poisoned heritage from the Republicans. The Bush administration, in its last six years, ratcheted up deficits totalling $3.35 trillion. No wonder these pseudo-conservatives were repudiated by their voters. All the more reason for Obama, the new broom, to shame their memory with a policy of fiscal frugality. Instead, he has committed himself to programmes that will record a cumulative budget deficit of $8.4 trillion by 2017.

For do not forget that Timothy Geithner, the Treasury Secretary who displays a boyish unfamiliarity with tax returns, is standing by to throw a further $2.25 trillion at banks. If you add up the US government's commitments, the sums are: Federal Reserve, $5.5 trillion; Federal Deposit Insurance Corporation, $1.5 trillion; Treasury, $947bn; Federal Housing Administration , $300bn – total $8.34 trillion. There is, however, one key component missing: the costs of nationalising Fannie Mae and Freddie Mac, which adds $5 trillion, producing the grand total of $13.3 trillion.

No wonder Barack Obama, bereft of his auto-cue, was uncharacteristically hesitant at his press conference last week. The messiah has to borrow $3.5 trillion over the next two years. This could prove a burden that even the legendarily resourceful and productive citizens of the United States cannot shoulder.
 

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Master of Distraction
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Related Story:

http://www.newsmax.com/headlines/stimulus_bill_pork/2009/02/14/181864.html

Stimulus Verdict: A $3.27 Trillion Porker


Saturday, February 14, 2009 9:40 AM

By: David A. Patten

The gargantuan stimulus bill Congress has rubber-stamped with virtually no Republican support contains tens of billions of the very spending projects that made the legislation a lightning rod for criticism.
And although the bill is generally described as costing $787 billion, the Congressional Budget Office reports the actual figure is now closer to $3.27 trillion.

That stems from the $744 billion it will take to pay for the additional debt the legislation will create, and $2.527 trillion in increased spending from the new and expanded programs the bill will spawn over the next decade.

To view the letter to Nancy Pelosi, go here.

The bill now spans more than 1,000 pages. While Democrats removed some provisions that fiscal conservatives objected to, most of the pork remains. Among them:

The plan has more than $3 billion in “neighborhood stabilization” and Community Development Block Grant funding, much of which may go to benefit ACORN, a low-income housing and voter registration “community” organization that is under federal investigation for its suspicious voter registration practices.

$1.3 billion to bailout AMTRAK, the perennial money-loser railroad.

$1 billion for educational programs, including courses on sexually transmitted diseases.

$30 million for restoration of wetlands to be spent in the San Francisco Bay Area – House Speaker Nancy Pelosi’s district. The money will go in part to protect the endangered salt marsh harvest mouse.

$200 million for a low-pollution, coal-fired power plant in President Barack Obama’s home state of Illinois.

$45 million for ATV four-wheeler trails, and government office renovations, according to RNC Chairman Michael Steele.

$200 million to provide computers to community colleges.

$50 million for the National Endowment of the Arts.

Over $650 million in coupons to help consumers buy digital TV converter-box coupons.

A reported $300 million for hybrid vehicles and electric-powered cars.

According to the Washington Times, this item will include buying golf carts for federal workers. GOP Sen. John McCain summed up his view of the bill: “This measure is not bipartisan. It contains much that is not stimulative.”

Some of the criticisms of the bill, however, center on policy rather than cost.

The Heritage Foundation, for example, reports the bill reverses the bipartisan welfare reforms achieved during the Clinton administration.

Also, opponents have slammed the bill for being “anti-religious,” because it expressly prohibits the use of stimulus funds for faith-based schools, schools of divinity, facilities used for “sectarian worship,” or places of religious worship.


© 2009 Newsmax. All rights reserved.
 

thcri

Gone But Not Forgotten
I know the Stimulus package is big news here today but it is around the world also. Watching Meet the Press yesterday made me really concerned especially when I saw that most or even all that voted on it didn't even read the whole thing. What I saw on Meet the Press is numbers just being thrown out and money going to certain business etc and not knowing if in fact the Stimulus is going to work. How did they decide to who and how much?

What if the Stimulus doesn't work?? Then what is the alternative plan? I mean I hate to be the one busting the balloon as I seriously want this administration to fix the economy but I just starting to be concerned about the process.
 
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