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Daily Chat >> General Posts >> You are all being fleeced http://www.clusterheadaches.com/cgi-bin/yabb2/YaBB.pl?num=1233160417 Message started by fubar on Jan 28th, 2009 at 11:33am |
Title: You are all being fleeced Post by fubar on Jan 28th, 2009 at 11:33am
So the scare mongering has worked perfectly. Anybody, please tell me WTF any of this has to do with stimulating the economy. It's simply a huge spending bill, nothing more. This is disgraceful. Where is the outrage? WRITE YOUR REPRESENTATIVES or YOU will be paying for this BS forever.
The Democrats are about to vote on a "Stimulus" package to bring jobs and welfare to America: Here's how they plan on Stimulating jobs (aka Spend your Tax Dollars) 1. ‘‘Agriculture Buildings and Facilities and Rental Payments’’, $44,000,000 2. ‘‘Buildings and Facilities’’, $209,000,000, for work on deferred maintenance at Agricultural Research Service facilities 3. For an additional amount for ‘‘Salaries and Expenses,’’ $245,000,000, for the purpose of maintaining and modernizing the information technology system 4. For an additional amount for ‘‘Watershed and Flood Prevention Operations’’, $350,000,000 of which $175,000,000 is for necessary expenses to purchase and restore floodplain easements 5. ‘‘Watershed Rehabilitation Program’’, $50,000,000, for necessary expenses to carry out rehabilitation of structural measures: 6. Consolidated Farm and Rural Development Act: $5,838,000,000 for rural community facilities direct loans 7. Housing Act of 1949, to be available from funds in the rural housing insurance fund: $22,129,000,000 for loans 8. For an additional amount for the cost of direct and guaranteed loans, including the cost of modifying loans, as defined in section 502 of the Congressional Budget Act of 1974, as follows: section 502 loans, $500,000,000 9. Rural Electrification Act of 1936 (7 U.S.C. 901 et seq.) and for grants: $2,825,000,000 10. Child Nutrition Act of 1966 (42 U.S.C. 1786) :$100,000,000 11. Emergency Food Assistance Act of 1983 (7 U.S.C. 7508(a)(1)), $150,000,000 ($100,000,000 is for the purchase of commodities and of which $50,000,000 is for costs associated with the distribution of commodities.) 12. ‘‘Economic Development Assistance Programs’’, $250,000,000 ‘‘Salaries and Expenses’’ for purposes of program administration and oversight 13. For an additional amount for ‘‘Periodic Censuses and Programs’’: $1,000,000,000: 14. ‘‘Salaries and Expenses’’: $350,000,000 15. 15. For necessary expenses related to the Wireless and Broadband Deployment: $2,825,000,000 16. Costs associated with the Digital-to-Analog Converter Box Program, $650,000,000 17. ‘‘Scientific and Technical Research and Services’’, $100,000,000. 18. ‘‘Industrial Technology Services’’, $100,000,000 19. ‘‘Construction of Research Facilities’’: $300,000,000 20. NOAA: ‘‘Operations, Research and Facilities’’, $400,000,000, for habitat restoration and mitigation activities. 21. ‘‘Procurement, Acquisition and Construction’’, $600,000,000, for accelerating satellite development and acquisition, acquiring climate sensors and climate modeling capacity, and establishing climate data records. 22. ‘‘State and Local Law Enforcement Assistance’’: $3,000,000,000 23. ‘‘Community Oriented Policing Services’’, $1,000,000,000 24. For an additional amount for ‘‘Science’’, $400,000,000, of which not less than $250,000,000 shall be solely for accelerating the development of the tier 1 set of Earth science climate research missions recommended by the National Academies Decadal Survey. 25. National Science Foundation: ‘‘Research and Related Activities’’: $2,500,000,000 26. For expenses, not otherwise provided for, to improve, repair and modernize Department of Defense facilities, restore and modernize Army barracks, and invest in the energy efficiency of Department of Defense facilities: $4,500,000,000 27. Department of the Army: ‘‘Construction’’: $2,000,000,000 28. ‘‘Mississippi River and Tributaries’’, $250,000,000 29. Corp of Engineers: $2,225,000,000 This is just scratching the surface. |
Title: Re: You are all being fleeced Post by Artonio on Jan 28th, 2009 at 11:50am
They should just double everything on the list.... I mean really Fubar... it sounds to me that if they are going to stick you for the bill it may as well be huge.
Then... when you get the bill in the mail... just file bankruptcy and ask for a bailout... see... wasn't that simple? with warm regards, Tony |
Title: Re: You are all being fleeced Post by monty on Jan 28th, 2009 at 12:15pm wrote on Jan 28th, 2009 at 11:33am:
It's not merely a spending bill - 30% to 40% of the total dollar amount is tax cuts. Spending and tax cuts can stimulate the economy. It creates jobs, circulates money, etc. There is a multiplier effect - each dollar spent on wages and salaries gets spent in restaurants, car dealerships, for rent or mortgages, gasoline, etc. Is this the most coherent, effective spending/stimulus bill that can be imagined? Certainly not. It is the product of compromise. There is no one area that is being given Moonshot or Manhattan Project or Marshall Plan status, as far as I can tell. There are more, smaller projects - partly based on the theory that existing agencies and projects will get the money circulating faster. And all of this comes at a cost in the future (increasing taxes or inflation or requiring cuts). The question is: how much would the economy contract without such intervention? Would the credit markets lock-up and return us to a great depression scenario. You are right, many people are scared of that ... I would argue for a good reason, as that is one possibility. |
Title: Re: You are all being fleeced Post by fubar on Jan 28th, 2009 at 12:41pm
Monty,
Giving money to people who are not paying the taxes IS NOT A TAX CUT. It is welfare. It is government-directed redistribution of income from people who earn it to people who did not earn it. I know you can't agree with me on that point, because then the whole scam falls apart. I didn't even mention... $4.2 BILLION for groups like ACORN. Are you f'g kidding me? Justify that one, please. Just try and tell me how that is appropriate. If congress tried to pass a bill for $4,200,000,000 funding to ACORN, it would surely fail, but now that it's part of our heavenly rescue package, NO PROBLEM! PLEASE PLEASE PLEASE WAKE UP. YOU ARE BEING RAILROADED. I'm going to count backwards from 10 to 1. When I reach 1, you will awaken from your hypnotized stupor and call, write SCREAM at your representitives. 10...9...8...7...6...5...4...3...2...1 You feel awake and refreshed. You also feel ANGRY and CHEATED and RIPPED OFF. CALL, WRITE, FAX, SCREAM YOUR BLOODY HEAD OFF. STOP THIS MADNESS. OK now go do it. |
Title: Re: You are all being fleeced Post by Chris Morrow on Jan 28th, 2009 at 1:06pm
If they want "stimulus" they can divide that money up to every taxpayer. That's around a $300,000 check for each taxpayer!
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Title: Re: You are all being fleeced Post by monty on Jan 28th, 2009 at 1:19pm Chris Morrow wrote on Jan 28th, 2009 at 1:06pm:
I know that zeros 'mean nothing' but you need to remove a few zeros from that figure. |
Title: Re: You are all being fleeced Post by fubar on Jan 28th, 2009 at 1:35pm
For tax year 2005, 134,372,678 individual tax returns were filed. Of those filed, 99,880,223 actually had a tax liability and actually paid taxes.
Source(s): IRS Tax Statistics START PRINTPAGEMultimedia File Viewing and Clickable Links are available for Registered Members only!! You need to ![]() ![]() US Department of Labor--Statistics START PRINTPAGEMultimedia File Viewing and Clickable Links are available for Registered Members only!! You need to ![]() ![]() So... if you take the first bailout package ($750,000,000,000) and this new package of $850,000,000,000 and divide by the number of REAL taxpayers, you see its about $16,000 per taxpayer. |
Title: Re: You are all being fleeced Post by Mosaicwench on Jan 28th, 2009 at 3:23pm wrote on Jan 28th, 2009 at 1:35pm:
That would stimulate my family quite a bit. Of course, I wouldn't spend it because God knows if we'll have jobs next month. I'd dump it into savings so I wouldn't be stimulating the economy, but oh well. |
Title: Re: You are all being fleeced Post by Kevin_M on Jan 28th, 2009 at 3:44pm
There was very wide consensus that Hoover never acted fast enough or strongly enough to avert the many "Hoovervilles" created, and when he did, it was much too little, too late. This is why the first bailout was done so very quickly, of course with the usual posturing and stopping to add fat. This follow-through of an equal amount is the other heavy foot in the course of action if we ever got a chance to do it again. The lesson was learned first by the subsequent consequences of doing nothing.
I agree with Monty Quote:
He's right. We already know that answer. |
Title: Re: You are all being fleeced Post by Opus on Jan 28th, 2009 at 3:46pm
Don't blame me, I didn't vote for him.
I personally believe Obama won't make it 4 years because of scandal. This maybe wrong becouse the press is so much in love with him. The START PRINTPAGEMultimedia File Viewing and Clickable Links are available for Registered Members only!! You need to ![]() ![]() Paul |
Title: Re: You are all being fleeced Post by Just Plain Carl on Jan 28th, 2009 at 4:00pm
I need a "monitor" bailout cause I wrecked mine smashing that damn bug of Tony's.
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Title: Re: You are all being fleeced Post by fubar on Jan 28th, 2009 at 4:07pm
The package everybody is so anxious to pass is nothing more than a wet dream for Dems who have been trying to pass these spending bills for a long time. 99% of the line items would NEVER pass muster if they tried to pass them on their own merits. This has been a carefully orchestrated symphony of scare tactics to get all of you to ignore common sense.
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Title: Re: You are all being fleeced Post by Kevin_M on Jan 28th, 2009 at 4:40pm
The destination of this locomotive momentum going South right now has very few rugged survivors who lived through the Depression. Testing today's society to have the same substance for the common sense of apple stands and shoe shine boxes on street corners is in the universe, too.
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Title: Re: You are all being fleeced Post by Kevin_M on Jan 28th, 2009 at 5:33pm wrote on Jan 28th, 2009 at 11:33am:
Fu, I understand your aversion to the cost of all this. If there might be an offhand comparison to give you, all I can think of is this. Quote:
A hard sell, very expensive, but there's something about necessity as a mother of invention. Perhaps maybe we are averting a more difficult and dangerous time. * The Power Makers steam, electricity, and the men who invented modern America. |
Title: Re: You are all being fleeced Post by fubar on Jan 28th, 2009 at 5:42pm
Remember this word, you're going to hear it a LOT in the next few years.
Hyperinflation. We are so totally screwed. |
Title: Re: You are all being fleeced Post by fubar on Jan 28th, 2009 at 5:55pm Kevin_M wrote on Jan 28th, 2009 at 5:33pm:
Kevin, Respectfully, that is a very flawed comparison. Our situation would be more like installing wings on those trains. Expensive, useless, stupid plan that serves NOBODY. Again I ask... how in the world does $4.2 BILLION for a criminal organization like ACORN help us in any way? Would that pass any smell test in a rational world? Of course not, but since the entire bill is north of $800B, it's just a drop in the bucket, so NO BIG DEAL, right? Almost every line item is similar. It's all pure BS, and this country has been so throroughly brain-washed that we are lapping it up like morons. Sorry to be so blunt about it, but this makes me sick to my stomach. |
Title: Re: You are all being fleeced Post by Jonny on Jan 28th, 2009 at 5:57pm wrote on Jan 28th, 2009 at 5:42pm:
Ive been saying that for some time....LOL :D wrote on Jan 23rd, 2009 at 11:04pm:
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Title: Re: You are all being fleeced Post by M.R. on Jan 28th, 2009 at 6:01pm Quote:
Though I could concede this analogy in part for "alternative fuels", or at least a way (our own oil and conservation) to limit imported oil , just spending money to spend money, which I believe this is, will not help. If they want to just spend money, they could look at things to limit the export deficit (raising the value of the dollar while the cost of oil is low may not be a good idea). Mike |
Title: Re: You are all being fleeced Post by Kevin_M on Jan 28th, 2009 at 6:03pm wrote on Jan 28th, 2009 at 5:55pm:
Quote:
The wings were attached getting us here. I'm not saying there isn't a lot of crap in government either. Areas where money spent will be ineffective. Interests, ya know. :) |
Title: Re: You are all being fleeced Post by karma on Jan 28th, 2009 at 6:16pm Quote:
Quote:
Fubar, Interesting choice of words in the first and your last post. Just an observation |
Title: Re: You are all being fleeced Post by monty on Jan 28th, 2009 at 6:38pm wrote on Jan 28th, 2009 at 5:55pm:
Actually, there is no $4.2 billion line item for Acorn. There is $4.2 billion for neighborhood stabilization activities, which Boehner and other Republicans have (intentionally or not) misrepresented. That money goes to the states and cities: HUD’s Neighborhood Stabilization Program was created under the Housing and Economic Recovery Act of 2008 and provides nearly $4 billion to every state and certain local communities experiencing particularly high foreclosure problems and risk of property abandonment. The program permits these state and local governments to purchase foreclosed homes at a discount and to rehabilitate or redevelop them in order to respond to rising foreclosures and falling home values. START PRINTPAGEMultimedia File Viewing and Clickable Links are available for Registered Members only!! You need to ![]() ![]() |
Title: Re: You are all being fleeced Post by fubar on Jan 28th, 2009 at 7:16pm karma wrote on Jan 28th, 2009 at 6:16pm:
Fubar, Interesting choice of words in the first and your last post. Just an observation [/quote] Obviously I'm talking about the scare mongering creating a situation where we are totally screwed. But I guess that makes me guilty of scare mongering... can't f'n win for losin' |
Title: Re: You are all being fleeced Post by Jonny on Jan 28th, 2009 at 7:19pm wrote on Jan 28th, 2009 at 7:16pm:
All we can do is warn them Shawn, once the lube is applied they are on their own!.....LOL ;D |
Title: Re: You are all being fleeced Post by fubar on Jan 28th, 2009 at 7:23pm monty wrote on Jan 28th, 2009 at 6:38pm:
Nonsense. The proposal is to take your Neighborhood Stabilization Program and make those funds available to organizations like ACORN, NOT to use it for the intentions in the original bill. |
Title: Re: You are all being fleeced Post by Garys_Girl on Jan 28th, 2009 at 7:46pm
Scare mongering, really?
Let's see... The Case-Shiller 20-city Index indicates housing prices are down 25% from their 2006 peak. Housing starts are at an annualized rate of 550,000 - the lowest since they began collecting the data in 1959. According to RealtyTrac, 2.3 million homes in the U.S. received foreclosure filings in 2008 - up 81% vs 2007. That means that one in every 54 homes in the U.S. has received a foreclosure notice. The number of homes foreclosed was 860,000 - more than the approx 640,000 homes built in the U.S. last year. 4.6 million people are receiving jobless benefits right now (vs 2.7 million this time last year). Unemployment hit 7.2% (a 26-year high). Underemployment is at 13.5% as of December. We've already allocated $7.8 trillion in bailouts, guarantees, and stimulus packages: START PRINTPAGEMultimedia File Viewing and Clickable Links are available for Registered Members only!! You need to ![]() ![]() Internationally, the IMF is projecting that before this is all over $2.2 trillion of U.S.-origin assets will have to be written down. So the $820 billion stimulus package? It's a fart in the wind. Laurie |
Title: Re: You are all being fleeced Post by Charlie on Jan 28th, 2009 at 10:33pm
Iffy, but don't HOPE that this thing flops.
In any case, it's great politics. The Republicans are screwed. If it works; they all voted against the thing. If it's a real dud.....Democrats and a shitload of Americans can rightly or wrongly blame the GOP for its being too little, too late. They are stuck for some time. All they can do is be against stuff. That works with Republicans of course but it ain't a way to win back Congress. Charlie |
Title: Re: You are all being fleeced Post by Redd on Jan 28th, 2009 at 10:35pm |
Title: Re: You are all being fleeced Post by Jonny on Jan 28th, 2009 at 10:49pm Charlie wrote on Jan 28th, 2009 at 10:33pm:
Why was Obama trying like all hell to get repubs to sign on? He could have pushed it through no problem. Hmmmmmmm! :D |
Title: Re: You are all being fleeced Post by monty on Jan 29th, 2009 at 10:09am Charlie wrote on Jan 28th, 2009 at 10:33pm:
I thinks it good strategy by the Republicans. If it works, they wouldn't get credit anyway. If it doesn't work, they were opposed to it. The economy is in such a state that even if it 'works' it won't be a quick, easy recovery. |
Title: Re: You are all being fleeced Post by Artonio on Jan 29th, 2009 at 12:42pm monty wrote on Jan 29th, 2009 at 10:09am:
...and that is exactly what burns my ass about both sides of the aisle..... this is not the time to push politics... ... I only pray to God that someone paid attention to these words. "However long we are keepers of the public trust we should never forget that we are here as public servants and public service is a privilege. It's not about advantaging yourself. It's not about advancing your friends or your corporate clients. It's not about advancing an ideological agenda or the special interests of any organization. Public service is, simply and absolutely, about advancing the interests of Americans." Barack Obama ___________________________________ with warm regards, Tony |
Title: Re: You are all being fleeced Post by Jonny on Jan 29th, 2009 at 6:04pm |
Title: Re: You are all being fleeced Post by Kirk on Jan 29th, 2009 at 6:08pm
Tony, is that a bug? Or a feature?
[smiley=smokin.gif] |
Title: Re: You are all being fleeced Post by Artonio on Jan 29th, 2009 at 6:11pm Kirk wrote on Jan 29th, 2009 at 6:08pm:
It's a characteristic... 8-) with warm regards, Tony |
Title: Re: You are all being fleeced Post by Jonny on Jan 29th, 2009 at 9:02pm |
Title: Re: You are all being fleeced Post by Paul98 on Jan 29th, 2009 at 9:24pm wrote on Jan 28th, 2009 at 10:49pm:
Because it was a bad bill and Obama knows this and he dosen't want all the $shit sticking only to Dems. For the first time since I can remember the House Republicians closed ranks and voted in unison. -P. |
Title: Re: You are all being fleeced Post by Jonny on Jan 29th, 2009 at 9:32pm Paul98 wrote on Jan 29th, 2009 at 9:24pm:
You are correct, Sir!!!! [smiley=bow.gif] |
Title: Re: You are all being fleeced Post by Charlie on Jan 29th, 2009 at 10:49pm
Everybody here sounds like Lou Dobbs. START PRINTPAGEMultimedia File Viewing and Clickable Links are available for Registered Members only!! You need to
![]() ![]() From what I read, this thing will have little effect in the short run which is what we need. In two years it make just a little sense. It's too late and way too small. Charlie |
Title: Re: You are all being fleeced Post by stevegeebe on Jan 31st, 2009 at 7:40am
You're traveling through another dimension---a dimension not only of sight and sound but of mind. A journey into a wondrous land whose boundaries are that of imagination. That's a signpost up ahead: your next stop: the Twilight Zone....and I do mean Twilight.
Hold on folks. It's going to be a long rough ride. Change indeed. Steve G |
Title: Re: You are all being fleeced Post by Charlie on Jan 31st, 2009 at 10:40am
I'm widju Steve 8-)
Charlie |
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