What Could Possibly Be Wrong With These Earmarks?

Plug in those names at open secrets and see who they contributed money to. I’ve done about 10 and I’ve yet to see a McCain contribution. Just saying.

Paul Krugman didn’t really say he doesn’t support it. he said the republicans are thwarting the stimulus, trying to pare it down to tax cuts because they don’t care that the tax cut strategy is what accounts for the recession. Krugman is saying right out that Repuplicans are risking the destruction of the nation to get tax cuts for corporations and the wealthy.

Anyone who hasn’t figured out by now that’s what the Republican Party is al about, just isn’t paying attention.

Party of the wealth, for the wealth, by the wealth, and wanna be millionaires who have nothing support this party.

That wasn’t “under the guise” of anything. It was a direct appeal to union members, through entirely proper, non-governmental channels, totally in accordance with the law.

As compared with non-public employees, the political activities of federal employees are significantly restricted under the provisions of the Hatch Act.

They can choose to belong to a union or not. Non-union federal employees are protected by law from any form of union political coersion.

Nor will we.

Geithner is going to propose TARP 2 on Monday, setting up the “bad bank” concept to finally buy the toxic assets the banks are still holding.

Cost to the American taxpayer: 2-4 TRILLION dollars.

And there will be very little in it to help the little homeowners facing foreclosure.

Tell me again…..where did Obama get most of his big campaign contributions from?

Passed at city, county and state level all around the nation. Blocked by Nancy Pelosi for over a year and a half:

the City/State of______________________

hereby endorses the Homeowners and Bank Protection Act of 2007, as initiated by economist Lyndon H. LaRouche, Jr. This Act includes the following provisions:

1. Congress must establish a Federal agency to place the Federal and state chartered banks under protection, freezing all existing home mortgages for a period of however many months or years are required to adjust the values to fair prices, and restructure existing mortgages at appropriate interest rates. Further, this action would also write off all of the speculative debt obligations of mortgage-backed securities, derivatives, and other forms of Ponzi schemes that have plunged the banking system into bankruptcy.

2. During the transitional period, all foreclosures shall be frozen, allowing American families to retain their homes. Monthly payments, the equivalent of rental payments, shall be made to designated banks, which can use the funds as collateral for normal banking practices, thus recapitalizing the banking systems. These affordable monthly payments will be factored into new mortgages, reflecting the deflating of the housing bubble and the establishment of appropriate property valuations, and reduced fixed mortgage interest rates. This shakeout will take several years to achieve. In the interim period no homeowner shall be evicted from his or her property, and the Federal and state chartered banks shall be protected, so they can resume their traditional functions, serving local communities, and facilitating credit for investment in productive industries, agriculture, infrastructure, etc.

3. State governors shall assume the administrative responsibilities for implementing the program, including the rental assessments to designated banks, with the Federal government providing the necessary credits and guarantees to assure the successful transition. And therefore,

Be it Further Resolved, that a copy of this resolution shall be forwarded to members of Congress from the state, and also be delivered to the President of the United States, for immediate implementation.

http://alegrescorner.soapblox.net/showComment.do?commentId=18067

don, that is short and sweet and totally accurate. obama is quite stupid in my view. he sure let nothing like legality stand in the way of this getting his home i note. i used to be on an historic commission like michelle was in my burg. i can tell you that the type of behavior they indulged in would not sit well.

Change you can believe in, eh?

Everything changes, and nothing changes.

Pay to play. That’s why the Hollywood producers got huge tax breaks in this pork-stuffed bill.

Poor ole UK. He doesn’t KNOW how screwed he is.

Which parts of that list are just for Washington (which actually forgetting Congresscritters – is not a rich area)?

Even Rabble likes some of it;
The parts she does not like are strange
she does not want to help mothers get back to work as she objects to the funding of youth programmes, one of the first things to be cut by the State.

A $246 million tax break for Hollywood movie producers to buy motion picture film is out; but what it really was, was an allowance for Film Companies to take accelerated depreciation on equipment costs in 2009.

The movie industry, already hampered by a credit crunch that makes it harder for filmmakers to raise capital, wanted parity with other industries. So it asked Congress to extend to the movies the “bonus depreciation” offered to other sectors of the economy, allowing businesses to write off 50% of their equipment costs for this year.

$850 million for Amtrak safety improvements and development of a high speed network is Pork in a stimulus bill? Since when?

$75 million for “smoking cessation activities. Again a programme cut by the States.

Why not read the bill to see what these actually are?

UK, the original TARP cost $700 billion, but in order to get it passed, the Democratically-led Congress added $150 billion in “sweeteners,” (Barney Frank’s word), making the REAL cost $850 billion.

Do you have ANY idea what the $150 billion in sweeteners was spent on?

Find out, and get back to us, okay?

Here’s the bottom line: Obama’s only “leadership” was to tell the Dem leadership a number: We need a stimulus around $800 billion, he said.

Then he left it up to Pelosi to decide what went in it, and she sent out the word to her members (excluding any Blue Dog Dems or any Republicans) to submit their “want” lists to fill up the bill to the $800 billion. She BLOCKED any amendments or discussion from her fellow Dems (moderates and conservatives) and from any Republicans, telling her members “I don’t care what’s in it…..I just want a unanimous Yes.”

The Blue Dogs and moderates revolted, resulting in 11 Dems and all Repubs voting against her atrocious bill, not because they didn’t want a stimulus, but because Pelosi blocked them from any input.

But in terms of Obama having any clue what was actually IN the bill?

Never happened. He left that up to Pelosi and Reid.

Stupid, stupid man.

UK: you don’t know what racist is anymore than Obama. Obama is the racist. He thinks whites should give up everything for blacks. You don’t live in this country. The blacks have been getting millions of dollars from the government for 60 years and jobs and education opportunities that whites don’t have. They’ve used the money to form gangs and buy cocaine.

Obama is racist against whites. Racism can cut more than one way.

And you accuse others of being ‘trolls’?

O.T.:
On AOL economic news this morning, there was an article, “Obama Names Economic Advisers”. It named the members of the “Economic Advisory Board” (created by Executive Order, just this morning) with Penny Pritzker being one, and Paul Volcker (Federal Reserve Chairman) being head of this commitee, the purpose of which is to “boost the U.S. economy.”
Now, the article is still there, but the members (except Volcker) are no longer listed.

Penny Pritzker is a Red Flag for me. Has anyone heard anything about this?

The thing is, the INSTITUTION of the Presidency is more than the person behind the desk (teleprompter). There are a lot of people like former Presidents, and honest, capable career public servants (think Joe Wilson, Valerie Plame) who have influence.

Therein lies my hope. I am certainly not infatuated with Obama.

I think that’s an important point. With Obama, maybe there is a chance (if the right people hold his hand, get his ear, guide him, etc.) Others are too far gone. Sure are a lot of weird things in Obama’s past, though. I can’t imagine that Bill and Hillary, with all of their experience and connections, don’t have more insight into that question than we do.

Reid is a mystery to me. A few years back I thought he was a fighter (pardon the pun). Then, in my perception, he seemed to go flat and play dead. Just when, I dunno. Of course, I have absolutely no supporting evidence, but I’m inclined to suspect extortion. I’d be interested to hear (or get links) on my quandary re Reid.

the repubs didn’t even have to punt to win the game. and make no mistake the dims have insured the repubs will have power for a generation. i don’t applaud either side here but note the spectacular screwup the dims are working on right now.

From reading this thread, it seems that UKforDems post facts and states his/her opinion. Then the ‘locals’ call UK a bunch of names, not at all countering the facts and opinion.
It seems UKforDems is trying to have a debate but no one here can rise to the challenge.

Seriously, I’m trying to figure out what’s best. It all comes down to figuring out whether spending on infrastructure is better than tax breaks. I’ve seen data from both sides that ‘many’ (usually 200 for some reason) economists say one is better than the other. Both can’t be right, can they?

What I’m missing is how tax breaks can stimulate the economy. If I were to get a tax break, I wouldn’t spend it since I’m worried about losing my job. Some people may though. But with spending on infrastructure, we know all the money will be spent; and after spending it we will have invested in something (bridges, roads, …).

AlexisM: people should really stop talking about “libbies” and conservatives. Lots of liberals don’t like Obama and did not vote for him. Are you suggesting that conservatives were objective about Dubya and took steps to keep him honest? That would be a lie. Bush’s hoodwinking (especially of the religious community) led to all the problems in this country today. Well, Bush II, Bush I, and Ronnie Reagan.

Brings a new meaning to the phrase, “Hang in there!”