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Getbig Main Boards => Politics and Political Issues Board => Topic started by: OzmO on July 09, 2009, 07:57:03 PM

Title: Billions in aid go to areas that backed Obama in '08
Post by: OzmO on July 09, 2009, 07:57:03 PM
WTF?   I thought media was Obama's bitch?

http://www.usatoday.com/news/washington/2009-07-08-redblue_N.htm (http://www.usatoday.com/news/washington/2009-07-08-redblue_N.htm)

By Brad Heath, USA TODAY
WASHINGTON — Billions of dollars in federal aid delivered directly to the local level to help revive the economy have gone overwhelmingly to places that supported President Obama in last year's presidential election.
That aid — about $17 billion — is the first piece of the administration's massive stimulus package that can be tracked locally. Much of it has followed a well-worn path to places that regularly collect a bigger share of federal grants and contracts, guided by formulas that have been in place for decades and leave little room for manipulation.

REPORT: Cities missing out on much needed road funds
STIMULUS FUNDS: States aren't using money as intended
"There's no politics at work when it comes to spending for the recovery," White House spokesman Robert Gibbs says.

Counties that supported Obama last year have reaped twice as much money per person from the administration's $787 billion economic stimulus package as those that voted for his Republican rival, Sen. John McCain, a USA TODAY analysis of government disclosure and accounting records shows. That money includes aid to repair military bases, improve public housing and help students pay for college.

FIND MORE STORIES IN: Barack Obama | John McCain | United States Census Bureau
The reports show the 872 counties that supported Obama received about $69 per person, on average. The 2,234 that supported McCain received about $34.

Investigators who track the stimulus are skeptical that political considerations could be at work. The imbalance is so pronounced — and the aid so far from complete — that it would be almost inconceivable for it to be the result of political tinkering, says Adam Hughes, the director of federal fiscal policy for the non-profit OMB Watch. "Even if they wanted to, I don't think the administration has enough people in place yet to actually do that," he says.

"Most of what they're doing at this point is just stamping the checks and sending them out," Hughes says.

The stimulus package Obama signed in February includes about $499 billion in new spending, and to date, the Obama administration has allocated about $158 billion to specific projects and programs. Most of that money has gone directly to state governments, which then disperse the money to prevent school layoffs, repair roads and fund social services. That contrasts with the $17 billion that Washington distributes directly to local communities.

Including the larger chunk of money given to state governments, the aid favors states that voted for Obama, which have received about 20% more per person

Not all of the money favors places that supported Obama. About a third of the $17 billion, or $5.5 billion, in contracts that the federal government has signed for projects ranging from repaving runways to cleaning up nuclear waste has gone overwhelmingly to counties that supported McCain.

Jake Wiens, an investigator with the non-profit Project on Government Oversight, says it's too soon to draw meaningful conclusions about whether the type of aid in the stimulus favors Obama's constituents.

But, he says, "it will be important to pay close attention as the data come in to ensure that political favoritism plays no role."

The imbalance didn't start with the stimulus. From 2005 through 2007, the counties that later voted for Obama collected about 50% more government aid than those that supported McCain, according to spending reports from the U.S. Census Bureau. USA TODAY's review did not include Alaska, which does not report its election results by county.
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: Dos Equis on July 09, 2009, 08:09:34 PM
Does not pass the smell test. 
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: Hugo Chavez on July 09, 2009, 08:12:35 PM
Well considering this is a giant no shit knowing that the larger population centers lean toward the dem candidate and that the funding is going to go more toward the bigger population centers than rural counties...  epic no fucking duh.  Hard to work otherwise no matter who won if democrat.  Idiotic story that clearly shows the media isn't all horny for Obama.
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: Hugo Chavez on July 09, 2009, 08:13:14 PM
Does not pass the smell test. 
are you fucking kidding ::)  read my last post and tell me how I'm wrong.
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: tonymctones on July 09, 2009, 08:19:39 PM
Well considering this is a giant no shit knowing that the larger population centers lean toward the dem candidate and that the funding is going to go more toward the bigger population centers than rural counties...  epic no fucking duh.  Hard to work otherwise no matter who won if democrat.  Idiotic story that clearly shows the media isn't all horny for Obama.
chaney got blasted for their giving contracts to halliburton in iraq they were not a viable candidate? every liberal running around yelling cronism...my main problem is we shouldnt be funding 99.9% of these programs in the first place.
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: Dos Equis on July 09, 2009, 08:33:50 PM
are you fucking kidding ::)  read my last post and tell me how I'm wrong.

I don't know if you're wrong.  You could be right.  Could be perfectly legitimate.  I just think it stinks.  I'm very cynical of this new administration. 
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: Hugo Chavez on July 09, 2009, 08:45:53 PM
chaney got blasted for their giving contracts to halliburton in iraq they were not a viable candidate? every liberal running around yelling cronism...my main problem is we shouldnt be funding 99.9% of these programs in the first place.
This is clear coincidence.  Cheney/Halliburton is a much more valid concern.  Read my first post of the thread and tell me where that's wrong.  Is it true that the more dense population centers lean dem?  Yes that's true.  Is it true that the bulk of the aid will go more to dense population centers?  Yes that's true.  Does this mean the guy that wrote the story is a complete idiot, yes this is also clearly true.  Now I'm fucking pissed as hell at the dems right now and I'm all over holding Obama accountable.  I just don't see it here.  The guy should be fired and retract his story for missing such an obvious no shit. 
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: tonymctones on July 09, 2009, 08:48:43 PM
This is clear coincidence.  Cheney/Halliburton is a much more valid concern.  Read my first post of the thread and tell me where that's wrong.  Is it true that the more dense population centers lean dem?  Yes that's true.  Is it true that the bulk of the aid will go more to dense population centers?  Yes that's true.  Does this mean the guy that wrote the story is a complete idiot, yes this is also clearly true.  Now I'm fucking pissed as hell at the dems right now and I'm all over holding Obama accountable.  I just don't see it here.  The guy should be fired and retract his story for missing such an obvious no shit. 
there werent other inner city dem leaning programs to donate too that didnt contribute to obama? its not simply coincidence anymore then halliburton was with cheney hugo. 
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: OzmO on July 09, 2009, 10:34:06 PM
ALL CONSPIRACY THEORY!!!!

Yeah, perhaps, but its from people who don't have the equivalent intelligence of a small discarded soap dish like the people who believe the moon landing was a hoax.  So it deserves some consideration. 
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: Dos Equis on July 09, 2009, 10:46:31 PM
Yeah, perhaps, but its from people who don't have the equivalent intelligence of a small discarded soap dish like the people who believe the moon landing was a hoax.  So it deserves some consideration. 

Doh! lol   :D
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: OzmO on July 09, 2009, 10:50:11 PM


You probably thought Blair Witch a documentary huh?
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: 240 is Back on July 09, 2009, 10:50:33 PM
hey, there are some Qs with the moon landing.  Mainly, lots of "iffy" moments with that photography and backgrounds being the same in diff spots.

Does it mean the whole story is a lie?  no.

Does it mean we were maybe fed some BS to make the story better?  Who knows.

Who cares, is the real Q?  They could admit it was faked tomorrow... and we'd all have an "I told you I thought somethign was fishy" moment for about 2 seconds, then we'd go back to a sliding dollar and emerging china and reckless spending, etc etc.  

moon doesn't matter.
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: Hugo Chavez on July 09, 2009, 10:55:23 PM
there werent other inner city dem leaning programs to donate too that didnt contribute to obama? its not simply coincidence anymore then halliburton was with cheney hugo. 
TONY..... Don't make shit up... What you just said isn't anywhere in that article.  You simply cannot get around the facts as I stated them.  There is no spinning this.  This is a shit story and you know it.
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: Hugo Chavez on July 09, 2009, 11:04:21 PM
You probably thought Blair Witch a documentary huh?
:o
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: JOCKTHEGLIDE on July 10, 2009, 04:34:42 AM
you gusy act like this bad,,at least it stays in our country unlike bush giving it to iraqs,,slumbags billions i stay in america financially
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: Soul Crusher on July 10, 2009, 04:53:07 AM


Samson, I feel like Travis Bickle living in NYC. 
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: tonymctones on July 10, 2009, 06:04:04 AM
TONY..... Don't make shit up... What you just said isn't anywhere in that article.  You simply cannot get around the facts as I stated them.  There is no spinning this.  This is a shit story and you know it.
Im not trying to discredit your point hugo i very much understand your point and agree, but again was halliburton not a viable candidate for the contracts in iraq? they were and cheney still got blasted, have they not done a good job in iraq? they have and cheney still gets blasted.

My point is that there are obviously other innner city programs that the billions could have gone to that didnt contribute to obama just like there were other viable companies the contracts in iraq could have gone to. This isnt any more of a coincidence then halliburton and iraq.
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: tonymctones on July 10, 2009, 06:11:18 AM
you gusy act like this bad,,at least it stays in our country unlike bush giving it to iraqs,,slumbags billions i stay in america financially
man youre a fuking idiot...240 no worries brother this guy just clinched the obama butt plug title and I dont think you have to worry about getting it back anytime soon...
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: Straw Man on July 10, 2009, 06:28:27 AM
Yet another fake issue  I'm sure there is plenty of aid going to red states too....in spite of grandstanding by red state Governors. 

As long as the money is going to legitimate causes it makes no difference who they supported.

One might also consider that the areas that were in the most need of assistance might also the one areas that have been neglected in the last 8 years, hence might also be the areas most inclined to vote for Obama.   Kind of a chicken and egg thing
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: tonymctones on July 10, 2009, 06:35:21 AM
Yet another fake issue  I'm sure there is plenty of aid going to red states too....in spite of grandstanding by red state Governors. 

As long as the money is going to legitimate causes it makes no difference who they supported.

One might also consider that the areas that were in the most need of assistance might also the one areas that have been neglected in the last 8 years, hence might also be the areas most inclined to vote for Obama.   Kind of a chicken and egg thing

agreed that as long as the money is going to where it might be needed, problem is like i said there are going to be more places that didnt contribute money to obama than did and where is the money going?

"the aid favors states that voted for Obama, which have received about 20% more per person" again my main problem is that we shouldnt be funding the majority of these projects in the first place...


Halliburton was one of only a few companies that could perform the job in iraq well and quickly but that didnt stop you and others from yelling cronism did it?
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: Straw Man on July 10, 2009, 07:54:29 AM
agreed that as long as the money is going to where it might be needed, problem is like i said there are going to be more places that didnt contribute money to obama than did and where is the money going?

"the aid favors states that voted for Obama, which have received about 20% more per person" again my main problem is that we shouldnt be funding the majority of these projects in the first place...


Halliburton was one of only a few companies that could perform the job in iraq well and quickly but that didnt stop you and others from yelling cronism did it?

Jake Wiens, an investigator with the non-profit Project on Government Oversight, says it's too soon to draw meaningful conclusions about whether the type of aid in the stimulus favors Obama's constituents.
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: tonymctones on July 10, 2009, 07:59:55 AM
Jake Wiens, an investigator with the non-profit Project on Government Oversight, says it's too soon to draw meaningful conclusions about whether the type of aid in the stimulus favors Obama's constituents.

LOL thats the dems answer for everything right now its a proactive wait and see  ::) hahah again straw you dont need to wait and see shit to know that certain things about it arent on the level...
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: 240 is Back on July 10, 2009, 08:02:53 AM
I think the dollar is going to lose some influence, yes.

CHI and RUS are taking this opportunity to push for a world currency.  Will it happen one day?  Sure, everything else is globalizing.  But I think we're too involved evrywhere and we have too many bases worldwide for people to just say "adios, dollar!"

Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: Straw Man on July 10, 2009, 08:05:24 AM
LOL thats the dems answer for everything right now its a proactive wait and see  ::) hahah again straw you dont need to wait and see shit to know that certain things about it arent on the level...

that quote is from the very same article that's got your panties is a twist:

Quote
The stimulus package Obama signed in February includes about $499 billion in new spending, and to date, the Obama administration has allocated about $158 billion to specific projects and programs. Most of that money has gone directly to state governments, which then disperse the money to prevent school layoffs, repair roads and fund social services. That contrasts with the $17 billion that Washington distributes directly to local communities.

Including the larger chunk of money given to state governments, the aid favors states that voted for Obama, which have received about 20% more per person

Not all of the money favors places that supported Obama. About a third of the $17 billion, or $5.5 billion, in contracts that the federal government has signed for projects ranging from repaving runways to cleaning up nuclear waste has gone overwhelmingly to counties that supported McCain.

Jake Wiens, an investigator with the non-profit Project on Government Oversight, says it's too soon to draw meaningful conclusions about whether the type of aid in the stimulus favors Obama's constituents.
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: tonymctones on July 10, 2009, 08:17:38 AM
that quote is from the very same article that's got your panties is a twist:

and so it says that the stimulus favors states that voted for obama by 20% more, of course they cant give all the stimulus money to only obama supporters...

first you come in hear saying that its a no brainer that the majority of the money would go to obama supporters b/c of social classes/who needs help/how these ppl vote...then you say that its still to early to tell?

stop debating this as youve obviously argued yourself in a circle and go respond to my question on the religion board...
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: Straw Man on July 10, 2009, 08:23:45 AM
Are we even reading the same posts.

When did I say anything was  no brainer?  I merely offered plausible reasons why certain areas might be getting more $$'s.

Why do you choose to ignore a quote from the same article from an investigator from Project from Govt Oversight that says it's too early to draw any conclusion about anything?

Can't you find something real to be upset about


Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: tonymctones on July 10, 2009, 08:27:03 AM
Are we even reading the same posts.

When did I say anything was  no brainer?  I merely offered plausible reasons why certain areas might be getting more $$'s.

Why do you choose to ignore a quote from the same article from an investigator from Project from Govt Oversight that says it's too early to draw any conclusion about anything?

Can't you find something real to be upset about
oh there is plenty but you and your obama lacky friends dont post in those threads...

LOL it also says right above that, that the stimulus favors states that voted for obama by 20% more per person...that doesnt sound off to you? I dont need to wait and see to tell you this is cronism on some level just like nobody had to wait and see if halliburton was cronism on some level...get it

NOW GO RESPOND TO MY QUESTION ON THE RELIGION BOARD, please  ;D
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: Straw Man on July 10, 2009, 08:51:16 AM
oh there is plenty but you and your obama lacky friends dont post in those threads...

LOL it also says right above that, that the stimulus favors states that voted for obama by 20% more per person...that doesnt sound off to you? I dont need to wait and see to tell you this is cronism on some level just like nobody had to wait and see if halliburton was cronism on some level...get it

NOW GO RESPOND TO MY QUESTION ON THE RELIGION BOARD, please  ;D

why are you so cranky today.  I've been critical of Obama on certain issues but I'm not going to get upset about non-issues like this. 
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: Deicide on July 10, 2009, 08:56:13 AM
oh there is plenty but you and your obama lacky friends dont post in those threads...

LOL it also says right above that, that the stimulus favors states that voted for obama by 20% more per person...that doesnt sound off to you? I dont need to wait and see to tell you this is cronism on some level just like nobody had to wait and see if halliburton was cronism on some level...get it

NOW GO RESPOND TO MY QUESTION ON THE RELIGION BOARD, please  ;D

Doesn't matter Tony. You got teh arms. 8)
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: tonymctones on July 10, 2009, 08:58:03 AM
why are you so cranky today.  I've been critical of Obama on certain issues but I'm not going to get upset about non-issues like this. 
LOL i just have more time then usual on my hands today, point still stands this isnt any different really then bush and cheney giving halliburton the contracts for iraq that everybody got up in arms about. Ppl bitched and moaned about that didnt they? they didnt wait to see the results did they? halliburton has done a pretty good job in iraq havent they?

go respond to my religious board question....
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: tonymctones on July 10, 2009, 08:58:50 AM
Doesn't matter Tony. You got teh arms. 8)
;D LOL i think they might be shrinking though dieting down but my shoulders look bigger
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: Straw Man on July 10, 2009, 09:06:45 AM
LOL i just have more time then usual on my hands today, point still stands this isnt any different really then bush and cheney giving halliburton the contracts for iraq that everybody got up in arms about. Ppl bitched and moaned about that didnt they? they didnt wait to see the results did they? halliburton has done a pretty good job in iraq havent they?

go respond to my religious board question....

it's completely different starting with the obvious that there is no confirmed link yet.

if you would like me to consider responding to a question on another board then at least post a link
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: tonymctones on July 10, 2009, 09:10:56 AM
it's completely different starting with the obvious that there is no confirmed link yet.

if you would like me to consider responding to a question on another board then at least post a link
actually there is a link as in counties that supported obama recieve twice as much stimulus money as those who didnt as stated in the article...LINK there you see?

http://www.getbig.com/boards/index.php?topic=287840.new#new lazy ass ;D
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: Straw Man on July 10, 2009, 09:19:52 AM
actually there is a link as in counties that supported obama recieve twice as much stimulus money as those who didnt as stated in the article...LINK there you see?

http://www.getbig.com/boards/index.php?topic=287840.new#new lazy ass ;D

are you referring that article that also said:   "it's too soon to draw meaningful conclusions about whether the type of aid in the stimulus favors Obama's constituents"

how many times do you want to ride the merri-go-round?
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: Soul Crusher on July 10, 2009, 09:52:46 AM
are you referring that article that also said:   "it's too soon to draw meaningful conclusions about whether the type of aid in the stimulus favors Obama's constituents"

how many times do you want to ride the merri-go-round?

Wherever it goes, it is a failure. 

By his own definition, Obama's stimulus bill is a failure. 
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: Straw Man on July 10, 2009, 09:54:25 AM
Wherever it goes, it is a failure. 

By his own definition, Obama's stimulus bill is a failure.  

really?

what % of the money has even been distributed?

Isn't the stimulus ~ 1/3 tax cuts?  Are those a failure too?
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: Soul Crusher on July 10, 2009, 10:07:12 AM
really?

what % of the money has even been distributed?

Isn't the stimulus ~ 1/3 tax cuts?  Are those a failure too?

Yes.  Those were not tax cuts, they were hand outs. 

Even if only 10 or 15% of the money has been spent it is showing that the priorities of the bill are out of whack.  You and I debated this many times and I told you that this would happen.  This was not a stimulus bill or jobs bill, but a pork bill.

The private sector is not hiring because this money is not going to the private sector, but govt.   

Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: Straw Man on July 10, 2009, 10:11:23 AM
Yes.  Those were not tax cuts, they were hand outs. 

Even if only 10 or 15% of the money has been spent it is showing that the priorities of the bill are out of whack.  You and I debated this many times and I told you that this would happen.  This was not a stimulus bill or jobs bill, but a pork bill.

The private sector is not hiring because this money is not going to the private sector, but govt.   



the stimulus package was 35% tax cuts and 65% spending (and only ~ 10% of the funds have been disbursed)
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: Soul Crusher on July 10, 2009, 11:43:44 AM
the stimulus package was 35% tax cuts and 65% spending (and only ~ 10% of the funds have been disbursed)


Those did not stimulate anything because people either paid credit cards down or saved the money. 

Most of the spending goes to china anyway. 

This is not a stimuls bill and you and I have been over this many times. 

The only way to stimulate activity in this country is to cut tax rates, mandates, regulations, etc. 
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: Straw Man on July 10, 2009, 11:50:26 AM
again - the current stimulus package is 35% tax cuts

the other 65% was spending and I'm not aware of any of it going to China or coming to me to paydown my credit card

Spending creates more stimulation to the economy than tax cuts.

This link does video doesn't include Schiff screaming that the sky is falling so you probably won't watch it but it does include good info on the stimulative effects of tax cuts vs. govt. spending.

http://www.freemarketproject.org/articles/2009/20090204133834.aspx 
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: Soul Crusher on July 10, 2009, 11:58:33 AM
again - the current stimulus package is 35% tax cuts

the other 65% was spending and I'm not aware of any of it going to China or coming to me to paydown my credit card

Spending creates more stimulation to the economy than tax cuts.

This link does video doesn't include Schiff screaming that the sky is falling so you probably won't watch it but it does include good info on the stimulative effects of tax cuts vs. govt. spending.

http://www.freemarketproject.org/articles/2009/20090204133834.aspx 

The stim bil is merely proping up state budgets which need to be reduced. 

A tax cut is when you treduce someones tax rate.  They gave a credit or rebate check or whatever you want to call it. 

This entire fiasco is not going to work and more and more people realize it, including Buffett, Powell, Rogers, Cashin, Cramer, et al.

Even Krugman is admitting this plan was not focused correctly, as I said even though I disagree with Krugman on other things. 

There is only 5% to infrastructure while the rest is utter nonsense. 

Even Neuro on the Stocks board agreed this is 90% pork nonsense.   

.     
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: tonymctones on July 10, 2009, 12:08:52 PM
are you referring that article that also said:   "it's too soon to draw meaningful conclusions about whether the type of aid in the stimulus favors Obama's constituents"

how many times do you want to ride the merri-go-round?
LOL youll be saying the same shit in 10 years, again you dont have to wait for certain things when it is shit it isnt suddenly not going to be shit...again did halliburton do a good job in iraq? where they not a viable candidate for the job? yet cheney got blasted for that, why? obviously there is a link between counties that voted for obama and those who recieve more stimulus money...
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: Straw Man on July 10, 2009, 12:10:20 PM
LOL youll be saying the same shit in 10 years, again you dont have to wait for certain things when it is shit it isnt suddenly not going to be shit...again did halliburton do a good job in iraq? where they not a viable candidate for the job? yet cheney got blasted for that, why? obviously there is a link between counties that voted for obama and those who recieve more stimulus money...

we won't need to wait 10 years but we should at least wait until the f'ng money has been spent.  Only 10% has even been distributed. 
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: tonymctones on July 10, 2009, 12:29:49 PM
we won't need to wait 10 years but we should at least wait until the f'ng money has been spent.  Only 10% has even been distributed. 
ok well how do you feel about that 10% then? we can talk about that since its already out...
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: Soul Crusher on July 10, 2009, 12:30:48 PM
we won't need to wait 10 years but we should at least wait until the f'ng money has been spent.  Only 10% has even been distributed. 

Here is the problem, its not stimulating since the states are not using the money for projects.  They are using it for payroll since there never was this so called "shovel ready" nonsense they lied about.  

This whole bill is a complete fraud; based on fraudulent theories and ideas; was born of fraudulent intent, and is going to be a complete disaster.  

Check out Jim Morici, a noted economist why this wont work.  Go to 5:45.  This plan is a joke and many of us said it at the time.  



Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: Soul Crusher on July 10, 2009, 01:26:32 PM
the stimulus package was 35% tax cuts and 65% spending (and only ~ 10% of the funds have been disbursed)


Check this out.

Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: Deicide on July 10, 2009, 01:46:40 PM
Here is the problem, its not stimulating since the states are not using the money for projects.  They are using it for payroll since there never was this so called "shovel ready" nonsense they lied about.  

This whole bill is a complete fraud; based on fraudulent theories and ideas; was born of fraudulent intent, and is going to be a complete disaster.  

Check out Jim Morici, a noted economist why this wont work.  Go to 5:45.  This plan is a joke and many of us said it at the time.  





Cramer=fraud too
Title: Re: Billions in aid go to areas that backed Obama in '08
Post by: Soul Crusher on July 10, 2009, 01:50:16 PM
Yes, but his rationale is correct here.