How will a Trillion dollars of pork projects stimulate the economy that the Comrade in Chief personally helped destroy through his redistribution of wealth and racial 'reparations'??
Porkapalooza: The Trillion Dollar Phony Stimulus Package http://directorblue.blogspot.com/2009/01/porkapalooza-trillion-dollar-phony.html
Stimulus 101: The Pelosi-Reid-Obama Debt Plan http://blog.heritage.org/2009/01/27/stimulus-101-the-pelosi-reid-obama-debt-plan/
"With countless news stories, papers, editorials and experts giving their view of why Congress should or shouldn’t enact the Pelosi-Reid-Obama Debt Plan, we thought it would be helpful to give you a short index of why spending does not equal stimulus..."
“Stimulus” 101 Update: The Trillion Dollar Spending Plan Passes House http://blog.heritage.org/2009/01/28/stimulus-101-update-the-trillion-dollar-spending-plan-passes-house/
"On Wednesday, January 28, the House passed the single largest spending bill in United States history by a 244-188 vote. It remains to be seen where the stimulus is in this bill. Conservative alternatives exist that promise twice the jobs at half the cost, yet the Left continues to support a plan that does little more than advance an ideological agenda of nationalized health care and education...."
Another Pork-Laden Omnibus Spending Bill http://www.heritage.org/research/budget/wm613.cfm
"As runaway spending pushes the cost of government over $20,000 per household and the federal budget deficit past $400 billion, Congress continues to pile an endless supply of special interest projects onto the backs of weary taxpayers.[1] With the recently-passed fiscal 2005 omnibus spending bill (H.R. 4818), Congress is expected the break its own record—set in last year’s budget—for pork projects, with new grants for such items as therapeutic horseback riding and a school mariachi music curriculum. This performance is simply embarrassing and highlights the need for reform of Congress’s obviously broken budget process."
From Yachts to Textiles, Perks for Special Interests http://online.wsj.com/article/SB123318931108326779.html
"The economic stimulus plan could include dozens of special-interest provisions pushed by lawmakers to help constituents such as the South Florida yacht-repair industry, Manhattan subway riders and California wine makers.
President Barack Obama wanted to keep the package free of such narrow provisions, partly to hold down the cost of the plan. But the business-as-usual process for handling the legislation on Capitol Hill is swelling its price tag to nearly $900 billion and giving Mr. Obama a refresher course on the congressional sausage-making process." ( Naivety and inexperience strikes again. )
CCAGW To Congress: Shut Your TARP!
Taxpayer Group Opposes Wasting Another $350 Billion http://councilfor.cagw.org/site/News2abbr=CCAGW_&page=NewsArticle&id=11818
Bloated “Stimulus” Plan to Fund Left-Wing Causes http://www.openmarket.org/2008/01/28/bloated-stimulus-plan-to-fund-left-wing-causes/
"Earlier today, I wrote about how Senators are busy “larding up the bloated ’stimulus’ plan with more welfare” by proposing added government spending on frills such as taxpayer-financed “mortgage counseling.” Commenting on that post, Michelle Malkin noted that left-wing groups like ACORN and La Raza would likely receive much of the money for such “counseling,” and that their counseling is likely to duplicate existing mortgage programs."
House Republicans Hold Firm (On Stimulus spending. Finally, a party worth supporting http://www.freerepublic.com/focus/f-news/2173947/posts
Economic Stimulus Pushed by Flawed Jobs Analysis http://www.heritage.org/Research/Economy/wm2252.cfm
"A recently released report by Christina Romer, chair of the President's Council of Economic Advisers, and Jared Bernstein, the Vice President's chief economist, is being widely cited by Administration officials (including the President) and Members of Congress as proof that the stimulus package currently being debated in Congress--especially the spending portion--will actually stimulate the economy.
The Romer–Bernstein report finds that the stimulus plan will create about 3.7 million jobs and reduce the unemployment rate by about two percentage points from where it would have been without the stimulus by the fourth quarter of 2010.[1] The report is supposed to lend academic creditability to a plan based on political considerations, but the estimates created are founded on loose assumptions that lack academic rigor. The report should not be relied upon as an accurate measure of the impact of the Obama fiscal stimulus plan because it relies on rules of thumb and other back-of-the envelope calculations rather than sound economic analysis..."
