Not a Single Republican Votes for Obama $1 Trillion Stimulus

Jack Welsh sasy this is a crazy bill right now. The reason that people support the bill because people support Barrick Obama.
http://abcnews.go.com/Politics/President44/story?id=6748037&page=1

Turbo Tax Geitner new Treasury Chief of Staff, Mike Patterson, was a registered lobbyist for Goldman Sachs. So much for Obama's rule about lobbyists. It was nice for the few days it lasted.
http://investorvillage.com/mbthread.asp?mb=4245&tid=6557601&showall=1

The Stimulus Bill breakdown

$365.6 billion brick and motar projects
$180 billion Jobless benefits and medicare to the states
$275 billion tax relief

$335 million for Sexually transmited disease prevention
$1 billion for Amtrack
$50 million for Endowment of Arts
$7.7 Billion for Federal buildings
$600 million for federal cars
$650 million HDTV conversion
$400 million Global Warming Research

 

do they really need hdtv?

 

HDTV is essential. Ever tried watching analog on your wide screen tv?

"Mercedes Benz"

Oh Lord, won’t you buy me a Mercedes Benz ?
My friends all drive Porsches, I must make amends.
Worked hard all my lifetime, no help from my friends,
So Lord, won’t you buy me a Mercedes Benz ?

Oh Lord, won’t you buy me a HDTV ?
Walmart is trying to find me.
I wait for delivery each day until three,
So oh Lord, won’t you buy me a HDTV ?

Oh Lord, won’t you buy me a nice house in town ?
I’m counting on you, Lord, please don’t let me down.
Prove that you love me and buy with no money down,
Oh Lord, won’t you buy me a nice house in town ?


Everybody!
Oh Lord, won’t you buy me a Mercedes Benz ?
My friends all drive Porsches, I must make amends,
Worked hard all my lifetime, no help from my friends,
So oh Lord, won’t you buy me a Mercedes Benz ?

 

great...

they have hdtv, mercedes benz and have no jobs.

when can i move to the US

 

The stimulus check is in the mail.

 

i think obama try his best to make a better world !

 

Jimmy Carter tried his best to make a better world

If Obama wants to lead a Reagan Revolution, he has my support. But I'm not in support of socialism.

 

Then you must not support the United States.

 

Yes precisely socialism and their policies are not the answer

 

Of course government waste slips by everyone because "what's a couple hundred million anymore". Every time we go up one level of bailout spending (from billions to trillions to gazillions) our millions begin to look like pennies.

 

Wow, what crap. $335 million for STD prevention is supposed to stimulate the economy? And hell, I LOVE my HDTV, but that's ridiculous. People are shooting their families because they can't afford to feed them and we are caring about HDTV?

Socialist crap. I give a kudos to the Republicans and the few Democrats that voted against this. Does anyone know if this Bill has already gone through the House, or just the Senate?

Change my butt. Seems like the same old corrupt people are still looking out for themselves while the "little guy" is freezing to death in house, shooting his family he can't feed, or foreclosing on their homes...

Everybody must sacrifice...except for banks, car companies, and people who live off the govt.

 

That saddest part is that if Bush had presented a similar plan, bailing out his buddies in the oil business, and some people in the banking business, oh and politicians... this must be a stressful time for politicans, they should get extra compensation... if Bush had presented a plan, anything at all it would have been accepted and passed... just look at that rediculous bank bailout. I wont say I agree with everything on Obamas funding list, but het its a hell of a lot better than nothing.

 

I found it interesting that the House version of this bill didn't get a single Republican vote. I did hear/see some brief excerpts from Repubs who voted against it and dems who voted for it.

I found the comments about loading up debt and how it will hurt future generations from GOP members very interesting.

If you want to see how the GOP has treated federal debt and been looking out for future generations take a look at the two following links and graphs.....

http://zfacts.com/p/318.html

and

http://www.lafn.org/gvdc/Natl_Debt_Chart.html

Its quite possible that the authors of those websites/information are politically biased in their own way.

Its factual data though. Federal debt exploded under Reagon/Bush I and then incredibly exploded under Bush II. Republicans controlled congress from 2001-2006 when debt exploded under Bush II and the largest contributor to that debt load were the changes in tax laws that occurred in 2001 and shortly thereafter.

When Repub members of Congress rail away about future debt loads they should look at their own actions.

Bogart: I didn't see any references to Jack Welch in the first link you provided. I'd love to read what he has to say. Welch did a dynamite job with GE during his period at the top, dramatically increasing GE's net worth profits, etc. The very interesting thing about GE is that it is one of the few conglomerates that really succeeded over a long period of time with a great variety of totally different businesses. Its sort of like a mini country...with so many different parts. He grew certain business segments, he got rid of others, keeping those that met the criterion for growth, market share and profits. He has a very unique perspective on economics.

I did see an interesting comment by Boehner, the House Republican leader at the bottom of the ABC news article...

I agree with him on the part I bolded.

The Senate legislation is different than the House legislation. If it passes then there will have to be compromise legislation. The entire thing will be up for restructuring or more likely modification around the edges.

Okay...so why $50 million for the arts? Hey maybe its for better porn..... maybe more work for Paris Hilton? I dunno.

I saw an interesting discussion on the aspect of the Feds (and possibly states and smaller governments) pre purchasing American cars. ($600 million item). If you accept the notion that it is worthwhile to maintain an American manufacturing existance for automobiles....then the idea about pre purchasing govt vehicles enables the feds to both provide a cash infusion into Detroit.....and set standards that may make it easier for Detroit to retool in a way that makes American autos more competitive with (primarily) Asian manufacturers, more fuel efficient, etc.

I know that maintaining an American automobile industry also means that auto research and production will have a place in American society and industry....creating big opportunities for future growth. It maintains the vital aspect of business investment and research....that leads to innovation and productivity in industry. Maintain that and you maintain a competitive edge for growing your own economy.

As to some of the other aspects of this bailout/stimulus/whatever package....I'm sure it can see changes that might work better.

To get back to what Boehner said and the part I cited, I agree. When all hell breaks out in any business or industry nobody has easy answers. People try things. I'd love to see Welch comment on that aspect along with his general views.

 

Not really because the United States is based on a capitalist economy. It is what the founding fathers envisioned and it is what it should be. Also, in a democracy/republic one can support whoever he/she wants- it is what makes this land so great and so free- we can think for ourselves and support who we want. There are tons of pro-America people that don't agree with President Obama's views.

 

Damn right it will. STD prevention will go beyond stopping those diseases, it will also stop pregnancies. Our 'abstinence only' BS, and the misinformation put out there about the morning after pill, has started an epidemic of idiots who don't know how to take a pill, or slip on a condom, taking tax payer money to pay for the kids they can't raise.

I am a Liberal, but my GOD, I am sick of these idiots, and I think putting money towards valid programs will be fantastic in the long run. Maybe then some of these people will figure out what the intelligent minority already knows: pulling out doesn't work!

As for the rest of the bill, I think it is an expensive move, but I don't see that fiscal conservatism will do us much good right now. We have to create jobs, and it's pretty obvious that this bill will do that, especially construction jobs. Once people have a disposable income, they can put it back into the economy, which is where stimulation will occur.

The Republicans cry to increase tax cuts is silly, it has already been proven that it doesn't work, especially not for a long term solution. Unemployment is one of the biggest issues we need to face, not giving money to the people who already have the jobs to begin with.

And this is coming from someone in the lower middle class, who would love a little extra cash, but realizes the consequences.

 

Why aren't there millions in there for cancer prevention. Which is a more pressing issue in health care, STD's or cancer? Hell, if anything the government should be building more houses so ACORN can force more people into them.

Your ignorance is astounding. Google Hoover.

 

So you think, given this current circumstance, that the best thing is to continually cut taxes while ignoring those who have lost their jobs, without working to create new ones? You call me ignorant?

As for the STD comment, you obviously didn't read (or didn't understand) my position, because you completely ignored it. STD prevention will not be based purely on diseases, it's about the prevention with the use of contraception. This will decrease the amount of teen and unwanted pregnancies, taking pressure off of the government in the long term to feed and clothe the kids of inept parents.

Considering some of your other beliefs, whether I agree with them or not, I would have thought you would at least agree with doing that, especially as it would be in the best interests of all tax payers down the road. Educate now, prevent later.

 

One of our past presidents made posts just like yours and it made the Depression much worse.

Not everything is absolute like you may think, there are other considerations you haven't factored. Who's going to pay for the elderly (baby boomers)?

You may have seen my opinion on population before in stOx's thread. There's a lot of dumb people as a result of too many being born without effort put into raising them. It's hell on the ones being born too who have shitty parents. People go through life thinking their whole purpose is to just plop out more worthless people like themselves. I hate these people. They're the reason our world sucks. But government helped create the problem and I sure as hell don't count on government "fixing" it, especially at a time when we can't afford to be making stupid decisions like our president just did.

 

I don't think the government will be purely responsible, or should be, for anything, However, we have had ample examples of the failure of citizen run programs with no government support. It isnt that they are useless, but they need funding, and I think this is a fantastic step in the right direction, especially with dealing in sexual issues, which have increased over the last decade.

 

They have enough funding to make babies profitable for despicable mothers. I think citizen run programs will be more successful when these incentives stop.

Sexual issues increased recently because of the lack of morality in modern society which we may find it's roots in government dependence, which takes value away from the family. The new belief goes that the state can raise your kids through publik education and special "birds and the bees" classes. Just in case our poor, sad fat new generation can't learn how to rub themselves correctly.