Getbig Bodybuilding, Figure and Fitness Forums
Getbig Main Boards => Politics and Political Issues Board => Topic started by: Soul Crusher on July 20, 2009, 09:31:58 AM
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SPENDING SCARED: WHITE HOUSE PUTS OFF RELEASE OF BUDGET UPDATE...
RECOVERY.GOV // AWARDED: $2,531,600 FOR 'HAM, WATER ADDED, COOKED, FROZEN, SLICED, 2-LB'...
RECOVERY.GOV // AWARDED: $1,191,200 FOR '2 POUND FROZEN HAM SLICED'...
RECOVERY.GOV // AWARDED: $351,807 FOR 'REPLACE AND UPGRADE THE DUMBWAITER'...
RECOVERY.GOV // AWARDED: $1,562,568 FOR 'MOZZARELLA CHEESE'...
RECOVERY.GOV // AWARDED: $5,708,260 FOR 'PROCESS CHEESE'...
RECOVERY.GOV // AWARDED: $16,784,272 FOR 'CANNED PORK'...
RECOVERY.GOV // AWARDED: $1,444,100 FOR 'REPAIR DOOR BLDG 5112'...
RECOVERY.GOV // AWARDED: $541,119 FOR 'INSTALL TRAFFIC SIGNAL'...
Agriculture Sec. Vilsack: 'Purchased 760,000 Lbs of ham at cost of approximately $1.50 per pound'...
FOOD LION: $.79 Lb...
http://www.usda.gov/wps/portal/!ut/p/_s.7_0_A/7_0_1OB?contentidonly=true&contentid=2009/07/0322.xml
________________________ ________________________ ______________
We told you hope changers so. Obama and the RAT stimulus bill was a complete fraud on the public.
F.u. b.o.!!!!!!!!!!
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FOOD LION LINK CONFIRMING .79 PER LBS.
http://foodlion.mywebgrocer.com/CircularItemList.aspx?catid=1195&cc=1&cc=1&s=53092572&g=6f98a439-aa3e-4c14-9e2b-b1ccd66ac2ad&uc=7B35461
________________________ _______________________
Come on guys. I want those of you who defended the stimulus bill to defend this.
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FOOD LION LINK CONFIRMING .79 PER LBS.
http://foodlion.mywebgrocer.com/CircularItemList.aspx?catid=1195&cc=1&cc=1&s=53092572&g=6f98a439-aa3e-4c14-9e2b-b1ccd66ac2ad&uc=7B35461
________________________ _______________________
Come on guys. I want those of you who defended the stimulus bill to defend this.
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All the extra goes to the retailers and government. The pork farmers aren't seeing that.
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All the extra goes to the retailers and government. The pork farmers aren't seeing that.
ZERO couldnt negotiate a better rate than double the price of the supermarket?
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ZERO couldnt negotiate a better rate than double the price of the supermarket?
What does that tell you?
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ZERO couldnt negotiate a better rate than double the price of the supermarket?
The paper version of the Food Lion circular is printed on the site's homepage. The regular price of that ham is $1.69, $0.20
more than what the gov't paid. Your link is a special sale price for members of that grocery store.
http://foodlion.mywebgrocer.com/Circular.aspx?c=41617&n=1&s=53142566&g=2d4ee3ab-d38f-4823-a6d5-f7ace98412af&uc=7B35461
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I'm confused by your post. Ham in the circular is .79 per /lb
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That's a sale price. Click on the link in my post and roll-over the circular. They give the regular price for the ham in a pop-up.
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That's a sale price. Click on the link in my post and roll-over the circular. They give the regular price for the ham in a pop-up.
Either way, the govt got ripped off. If Food Lion can sell it on sale at .79 and make money, clearly the govt is paying full retail on this and we are being played for suckers.
Did the idiot who ordered this ham ever think about volume discounts?
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Either way, the govt got ripped off. If Food Lion can sell it on sale at .79 and make money, clearly the govt is paying full retail on this and we are being played for suckers.
Did the idiot who ordered this ham ever think about volume discounts?
Your opening post suggested this was an example of waste and fraud. I don't consider paying retail getting "ripped off."
From the link in your first post:
While the principal purpose of these expenditures is to provide food to those hardest hit by these tough times, the purchases also provide a modest economic benefit of benefiting Americans working at food retailers, manufacturers and transportation companies as well as the farmers and ranchers who produce our food supply."
In other words, to stimulate the economy.
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Your opening post suggested this was an example of waste and fraud. I don't consider paying retail getting "ripped off."
From the link in your first post:
In other words, to stimulate the economy.
Come on, even you dont believe that nonsense. You are smarter than that Al. This is literally more "Pork" that does not stimuluate anything.
This stimulates peoples stomach and thats it.
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Come on, even you dont believe that nonsense. You are smarter than that Al. This is literally more "Pork" that does not stimuluate anything.
This stimulates peoples stomach and thats it.
Exactly what am I not supposed to believe? Where is the nonsense?
Regardless of whether or not you believe the stimulus bill did/will work, there is nothing to suggest these purchases were examples of fraud or mismanagement.
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Exactly what am I not supposed to believe? Where is the nonsense?
Regardless of whether or not you believe the stimulus bill did/will work, there is nothing to suggest these purchases were examples of fraud or mismanagement.
The entire bill was supposed to be "stimulate the economy". Are people in this country so freaking dumb, and I am not saying this is you, that they really believe that spending millions on canned ham "stimulates economic activity"???
In fact,t his is probably the worst use of the money since once the food is concumed, there is no economic benefit from it ever again.
If they spent the money on road and bridges that were in cities to cut congestion and traffic, that would stimulate economic activity.
If they spent the money building new nuclear power plants, that would stimulate activity sdince the cost of energy would go down and people have more money to spend on goods and services.
Welfare spending liek this is the worst type of spending since the economy gets nothing for it.
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First of all, there is plenty of money going to public works projects- and I believe you've derided those, as well.
Secondly, I couldn't disagree with ur post more. The money can't all go to one place. I won't say that this type of spending is better than public works spending, but its effects are more immediate and tangible. With the amount of money dedicated to the stim bill, a multi-tiered approach to jumpstarting the economy is the only thing that makes sense. Several mill in retail spending certainly does have a positive affect on the economy.
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First of all, there is plenty of money going to public works projects- and I believe you've derided those, as well.
Secondly, I couldn't disagree with ur post more. The money can't all go to one place. I won't say that this type of spending is better than public works spending, but its effects are more immediate and tangible. With the amount of money dedicated to the stim bill, a multi-tiered approach to jumpstarting the economy is the only thing that makes sense. Several mill in retail spending certainly does have a positive affect on the economy.
First off its only 5% of the entire bill and most of theprojects are nonsense.
Second - go buy this book right now - you need to learn economics simnce you have no clue what you are talking about.
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The entire bill was supposed to be "stimulate the economy". Are people in this country so freaking dumb, and I am not saying this is you, that they really believe that spending millions on canned ham "stimulates economic activity"???
In fact,t his is probably the worst use of the money since once the food is concumed, there is no economic benefit from it ever again.
If they spent the money on road and bridges that were in cities to cut congestion and traffic, that would stimulate economic activity.
If they spent the money building new nuclear power plants, that would stimulate activity sdince the cost of energy would go down and people have more money to spend on goods and services.
Welfare spending liek this is the worst type of spending since the economy gets nothing for it.
Anytime you see the government buying foods, it is usually a disguised payout to the poor. And no, it does not go to the farmers... The govt buys from processors and pays full retail for everything.
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First of all, there is plenty of money going to public works projects- and I believe you've derided those, as well.
Secondly, I couldn't disagree with ur post more. The money can't all go to one place. I won't say that this type of spending is better than public works spending, but its effects are more immediate and tangible. With the amount of money dedicated to the stim bill, a multi-tiered approach to jumpstarting the economy is the only thing that makes sense. Several mill in retail spending certainly does have a positive affect on the economy.
How? After the poor guy eats the ham, the money literally is gone. At least with a bridge or road or nuclear plant we have something of benefit.
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First off its only 5% of the entire bill and most of theprojects are nonsense.
Second - go buy this book right now - you need to learn economics simnce you have no clue what you are talking about.
From what you've posted in this thread, you're not The Guy when it comes to economics.
Public works projects come out to about 15-20% of the stim bill.
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Either way, the govt got ripped off. If Food Lion can sell it on sale at .79 and make money, clearly the govt is paying full retail on this and we are being played for suckers.
Did the idiot who ordered this ham ever think about volume discounts?
Didnt the Government pay $100,000 for a fuuccking toilet seat once?
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How? After the poor guy eats the ham, the money literally is gone. At least with a bridge or road or nuclear plant we have something of benefit.
So, you're telling me that a good or service provides no economic benefit if it is not reusable?
I will buy that book you posted... and send it right to your house. ;)
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From what you've posted in this thread, you're not The Guy when it comes to economics.
Public works projects come out to about 15-20% of the stim bill.
Its less than 10%.
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From what you've posted in this thread, you're not The Guy when it comes to economics.
Public works projects come out to about 15-20% of the stim bill.
and how much of that goes straight into union coffers?
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So, you're telling me that a good or service provides no economic benefit if it is not reusable?
I will buy that book you posted... and send it right to your house. ;)
You dont need to, I have already read it a few times.
I am telling you that if you want to stimulate economic activity by productive people who pay taxes and generate income, spending money on food for welfare programs is not the way to go.
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So, you're telling me that a good or service provides no economic benefit if it is not reusable?
I will buy that book you posted... and send it right to your house. ;)
Here you go, i just saved you $11.00. Free PDF version.
http://www.hacer.org/pdf/Hazlitt00.pdf
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You dont need to, I have already read it a few times.
I am telling you that if you want to stimulate economic activity by productive people who pay taxes and generate income, spending money on food for welfare programs is not the way to go.
Do you think the food in that welfare program appears out of thin air?
I just looked it up. Public works account for 100 bill of about 800 bill. Depending on whether or not you consider payroll taxes taxes, public works accounts for between 15 to 20% of the money SPENT in the stimulus bill.
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Do you think the food in that welfare program appears out of thin air?
I just looked it up. Public works account for 100 bill of about 800 bill. Depending on whether or not you consider payroll taxes taxes, public works accounts for between 15 to 20% of the money SPENT in the stimulus bill.
Im not even saying that it is good. Just what public works are being paid for with this?
A bridge to nowhere is not the same as a bridge that connects two cities and eases up traffic congestion.
Lets see some basic bath - Stimulus bill actuaully was 789 million. Accordingly, the amount of infrstructure is 12.6%.
However, half of that is for road repairs and other related repairs.
Only 6% is for New construction like i discussed. That is why this plan is a complete farce. I said it from day one, I say it now, and even the results are showing this as UE increases even faster WITH the bill than without it since the money being used is taking away from the private economy.
Here is a breakdown of what I said.
http://www.usnews.com/articles/news/stimulus/2009/05/22/obamas-stimulus-projects-wont-amount-to-major-infrastructure-overhaul.html
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I'd like to know where all these clowns were when they were spending 1 trillion dollars and counting on a war in Iraq that didn't amount to shit
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I'd like to know where all these clowns were when they were spending 1 trillion dollars and counting on a war in Iraq that didn't amount to shit
You know what, you have a good point and you are absolutely correct on that. I think one of the reasons people are more upset now is because we are saw and are seeing the results of suck recklessness in spending as evidence by the collapse in late 08' and the continued mess.
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thanks i knew i would be right one of these days
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From your link"
This stems from the law's main purpose: creating jobs quickly. It prioritizes projects that will be completed within three years. Major highway construction typically takes 13 years from start to finish, reports the Federal Highway Administration.
That doesn't necessarily make the spending ineffective. One quarter of major urban roads, for example, are in poor condition and would benefit from repairs. But it does mean that few projects will have sweeping effects.
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thanks i knew i would be right one of these days
That was ur one chance...
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From your link"
Again, 6% is for new construction.
These projects are pot hole repair and make work. Its like spending an entire day cleaning up the mess in your back year and telling yourself you just completed a capital improvement.
Its complete nonsense.
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Plus...these projects aren't forcing new hires...the same people working for the same small companies are getting the jobs. If we were building a new Dam or a major road network, then we might see a dent. But then we'd only see mexicans doing the work anyway.
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Plus...these projects aren't forcing new hires...the same people working for the same small companies are getting the jobs. If we were building a new Dam or a major road network, then we might see a dent. But then we'd only see mexicans doing the work anyway.
I cant believe we are even having this discussion. This is so elementary that politics have taken over what is otherwise common sense economics wise.
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Uncle Sam always over pays...we over pay in the DOD all the time. The best thing that happened after 911 was we started buying off the shelf much much easier. I've purchased for my guys stuff from stores or online that the DOD has bulk ordered and paid $20 plus dollars per item. Everybody knows that it can rip off the Gov and nobody says anything until much later.
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Again, 6% is for new construction.
These projects are pot hole repair and make work. Its like spending an entire day cleaning up the mess in your back year and telling yourself you just completed a capital improvement.
Its complete nonsense.
Apparently, you are just arbitrarily choosing what you want to hear.
First-it is a stimulus bill- it was intended to create jobs quickly. The article you posted addressed that.
Secondly, the fact that the projects aren't new construction has absolutely no bearing on whether or not it is effective in stimulating the economy.
Thirdly- and this is important- the country's infrastructure is in shambles. Remember that steam pipe explosion in midtown a few years ago? That year, about 15 buildings collapsed in the city. Major bridges are collapsing all over the country.READ THE ARTICLE YOU LINKED! The final paragraphs are all about the infrastructure problems around the country. Repairs are a big deal. And their immediate benefits fall in line with what the stimulus bill's purpose is.
Once again, I can't believe you attempted to criticize my understanding of economics when you can't seem to grasp the simple concept of a financial transaction for a good or service having a positive effect on the economy.
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Apparently, you are just arbitrarily choosing what you want to hear.
First-it is a stimulus bill- it was intended to create jobs quickly. The article you posted addressed that.
Secondly, the fact that the projects aren't new construction has absolutely no bearing on whether or not it is effective in stimulating the economy.
Thirdly- and this is important- the country's infrastructure is in shambles. Remember that steam pipe explosion in midtown a few years ago? That year, about 15 buildings collapsed in the city. Major bridges are collapsing all over the country.READ THE ARTICLE YOU LINKED! The final paragraphs are all about the infrastructure problems around the country. Repairs are a big deal. And their immediate benefits fall in line with what the stimulus bill's purpose is.
Once again, I can't believe you attempted to criticize my understanding of economics when you can't seem to grasp the simple concept of a financial transaction for a good or service having a positive effect on the economy.
6 months since we passed this and we have LOST 500k jobs per month. How is that working out.
The UE rate was to go no higher than 8% WITHOUT THE STIMULUS BILL. Now is is over 9.5% WITH THE STIMULUS BILL.
What more do you want to know?
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Plus...these projects aren't forcing new hires...the same people working for the same small companies are getting the jobs. If we were building a new Dam or a major road network, then we might see a dent. But then we'd only see mexicans doing the work anyway.
This has so many logical holes in it, I don't know where to begin. First of all, these projects do force new hires. Secondly, small companies are the backbone of the economy. Thirdly, even if it was true that these projects didn't force new hires, they do generate revenue that otherwise wouldn't have existed, so there is a benefit. Fourthly, the benefits of smaller projects are more tangible and immediate than larger projects like dams or road networks, even if those projects could have been launched quickly, which was unlikely. I will stop there, but I could really go on and on
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6 months since we passed this and we have LOST 500k jobs per month. How is that working out.
The UE rate was to go no higher than 8% WITHOUT THE STIMULUS BILL. Now is is over 9.5% WITH THE STIMULUS BILL.
What more do you want to know?
http://www.getbig.com/boards/index.php?topic=288836.msg4096463#msg4096463
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SPENDING SCARED: WHITE HOUSE PUTS OFF RELEASE OF BUDGET UPDATE...
RECOVERY.GOV // AWARDED: $2,531,600 FOR 'HAM, WATER ADDED, COOKED, FROZEN, SLICED, 2-LB'...
RECOVERY.GOV // AWARDED: $1,191,200 FOR '2 POUND FROZEN HAM SLICED'...
RECOVERY.GOV // AWARDED: $351,807 FOR 'REPLACE AND UPGRADE THE DUMBWAITER'...
RECOVERY.GOV // AWARDED: $1,562,568 FOR 'MOZZARELLA CHEESE'...
RECOVERY.GOV // AWARDED: $5,708,260 FOR 'PROCESS CHEESE'...
RECOVERY.GOV // AWARDED: $16,784,272 FOR 'CANNED PORK'...
RECOVERY.GOV // AWARDED: $1,444,100 FOR 'REPAIR DOOR BLDG 5112'...
RECOVERY.GOV // AWARDED: $541,119 FOR 'INSTALL TRAFFIC SIGNAL'...
Agriculture Sec. Vilsack: 'Purchased 760,000 Lbs of ham at cost of approximately $1.50 per pound'...
FOOD LION: $.79 Lb...
http://www.usda.gov/wps/portal/!ut/p/_s.7_0_A/7_0_1OB?contentidonly=true&contentid=2009/07/0322.xml
________________________ ________________________ ______________
We told you hope changers so. Obama and the RAT stimulus bill was a complete fraud on the public.
F.u. b.o.!!!!!!!!!!
Classic corruption. Next we will see $2000 toilet seats.
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http://www.getbig.com/boards/index.php?topic=288836.msg4096463#msg4096463
The numbers dont lie Al.
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Classic corruption. Next we will see $2000 toilet seats.
How is paying the market rate for a product corruption?
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How is paying the market rate for a product corruption?
The market rate is a buck fifty a pound yet a grocery store selling it at half that?
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The numbers dont lie Al.
We've been over this many times. For a more detailed version of my argument, click on the link in my previous post.
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The market rate is a buck fifty a pound yet a grocery store selling it at half that?
That is a sale price for members of the store's value club. The regular price is $1.70. The store is probably selling the hams below cost.
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That is a sale price for members of the store's value club. The regular price is $1.70. The store is probably selling the hams below cost.
Another thing, we already pay a gas tax for pot hole repair. Why should we need a "stimulus bill" to accomplish what we already pay taxes for?
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That is a sale price for members of the store's value club. The regular price is $1.70. The store is probably selling the hams below cost.
They bought 35,000 tons at a buck fifty as opposed to Food Lion selling it at half that. Bull shit.
They over paid and some people got greased.