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What! The current stimulus plan

Posted By: has more than million for new furniture? on 2009-02-02
In Reply to:

I heard about Hollywood wanting money and I did not believe it, but furniture? You gotta be kidding me! Can I have a new couch too and a new desk for my computer?

The GOP want to get rid of:

Meanwhile, House Republican leaders put out a list of more than 30 "wasteful" provisions in the Senate version of the stimulus, including:

• A $246 million tax break for Hollywood movie producers to buy motion pictures

• $650 million for the digital television (DTV) converter box coupon program

• $248 million for furniture at the new Department of Homeland Security headquarters

• $600 million to buy hybrid vehicles for federal employees

• $1 billion for the 2010 Census


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If the current mortgage securities plan prevails,
come out of it all smelling like a rose. They are proposing to refinance the mortgages based on inflated appraised values that existed BEFORE the mortgage crisis, not the current lower values. In this way, the homeowners will still end up owing more on their mortgages than their homes are actually worth....they will just be paying for it for a longer term with more accumulated interest on the loan. Those terms are the ones we need to keep our eyes on and see how it plays out, but it looks to me like it is not going to make it into the next session of Congress.
Is this under the stimulus plan or is this a state thing?
Did the Obama stimulus stipulate this expenditure?

I agree, doesn't make much sense either way except maybe if liquor store employees are more courteous, they might get more business and need to hire more help...

or maybe they are creating jobs for courtous liquor teachers!!! Hey that might be a good alternative to MTing!!
Stimulus plan...the short version....no one talks about....
Obama: I'm going to give you a one-time $500 tax rebate check.


I'm also going to give those people who don't work for a living, or pay into the system, a $500 check too.



Oh, did I forget to mention.....



You're going to owe the govt. $10,000 in taxes, once I can get away with asking you all to foot the bill for my stimulus package.
Stimulus plan...the short version....no one talks about....
Obama: My trillion dollar stimulus package, very dire, we must do something NOW, right now, before it gets worse. Therefore I'm going to......


I'm going to give you a one-time $500 check.


I'm also going to give those people who don't work for a living, or pay into the system, a $500 check too.



Oh, did I forget to mention.....



You're going to owe the U.S. govt. $10,000 in taxes, once I can get away with asking you all to foot the bill for my stimulus package.
Link for the stimulus plan inside - updates...
daily:
http://readthestimulus.org/
Stimulus plan...the short version (fine print)....no one talks about....
Obama: My trillion dollar stimulus package, very dire, we must do something NOW, right now, before it gets worse. (I can sell anything...just tell me what to say.....) Therefore I'm going to......


I'm going to give you a one-time $500 check.


I'm also going to give those people who don't work for a living, or pay into the system, a $500 check too.



Oh, did I forget to mention.....



Each one of you taxpayers are going to owe the U.S. govt. $10,000 in taxes, once I can get away with asking you all to foot the bill for my stimulus package. (2 years down the line or so.....when we have to become fiscally responsible)







he holds current
state of affairs in contempt, loves the country deeply enough to investigate issues and present his viewpoints.  Patriot.
Old News...Don't you have anything more current? nm
:p
Yep, that's right. I also blame THE CURRENT
nm
We can't address the current....(sm)

economic nightmare without also addressing those who are already suffering from it.  If that is not addressed while we are setting up new jobs, then we go straight into a depression.  It's a whole lot harder and longer to get out of a full-blown depression that what we have now....and right now we're on the edge.


NASA = The 50 million Obama allotted for NASA is for them to repair facilities in Houston from hurricaine Ike (which should have already been done, btw) and non-space activities.  Again, job creation.  NASA wants more, but I doubt they'll get it.


Our current president.........
wasn't born with a silver spoon in his mouth. As a matter of fact, the apartment he lived in in DC until AFTER he was elected president was such a dump - his own staff lived in better neighborhoods and quarters. Michelle would NOT stay there. It wasn't until after it partially burned that the secret service adviced him STRONGLY to find a safer alternative. He's so frugal he's a cheapskate! Too bad he had to get sold out by Washington and party usual.
One of the current problems with that is...(sm)

this.  If homeowners were to get lump sums and they just payed off their mortgages it would go to the banks, like you said.  However, the banks are currently not extending credit.  Even after they passed the first bailout and payed out to banks, the banks that received the money actually tightened up on credit, which was the exact opposite of what they should have done.  So, if we were all to just pay off our mortgages, the bank would get the money and just sit on it just like they did with the bailout money, and that doesn't stimulate the economy. 


The main problem we have is that we've turned into a nation that relys on credit.  The banks don't want you to pay off your principal -- they want you to keep paying interest because that's where the money is for them.  Now that the credit has been frozen, people who live on credit don't have anything to spend -- thus creating the spending deficit.


sorry, but I disagree, because current
events are not always 'political.' This is the Politics Board.
Other events, not political, belong on the Gab Board.
He was sworn into his current position
using a Koran, not the Bible. He refuses to honor our flag because it is against his religion. He will ruin this country from the inside out if elected. The phrase "One nation under God" will be removed from our Pledge of Allegiance. Think about that!
I am not unhappy with current events...
I think it is a great step forward in this country that a black man is running for President. It is historical, and a wonderful, wonderful thing. But because he is black does not mean he is qualified. If he was white and saying the same things I would feel the same way. He seems like a nice guy, has a beautiful family, and has a vision for the country. I don't share that vision. Does not make me a bad person, does not make him a bad person. Just means we disagree. That is what America is all about. It is this rabid hatred of all things not Obama or all things conservative and trying to squelch any kind of opposition that is UNAmerican. It fact, it is the antithesis of the American way, and the fact that he stirs that up in people is concerning. I don't know if it is by accident or by design. No way I could know.
The last thing I watched that was current was....sm
Hustle, back in 2007. Never was into the reality shows, or any current sitcoms.


Maybe a movie on dish once or twice a year....I'm not kidding....


I work too much....big sigh.....(and no, I'm not sam...heehee)
Current Rasmussen Reports
Poll shows Obama leading 260 electoral votes to McCain 167 votes. If you take the "likely states" the votes change to Obama 300, McCain 174.

Rasmussen has lots of interesting polls on its site, for what they are worth, but it is interesting to watch them change week-to-week and some of them even day-to-day.

www.rasmussenreports.com
Current-day blacks are not slaves and never were.
nm
Just like you back the current president?
I will give him respect when and if he earns it.
No he is not perfection, no human is. In the current...sm
climate, no, he probably will not be able to accomplish everything, but his is going to try to do his best, and I think that the people who elected him realize that.
Yes, he has...been very disrespectful to the office of the current
on a daily basis.
Sounds just like our current administration....

And the destruction they have wreaked on our country.......keep the mindset. The republican party will have a wretched time climbing out of the sewer from whence they came.


So, if you lose your job, it won't be at the hands of the economy; it will be at the hands of a political hurricane that swept through this country (the decider), steamrolled the constitution (the decider), and will have changed its landscape forever (the decider). If that happens, you can find me sitting on a beach, retired, and with no employees to worry about... Yes, GW, you will be just FINE.


It's not just our current administration and that's the problem.
There have been way too many leaders in the White House and in Congress that have been stirring up this pot of crap we're in right now for a long time. Now, I'm no fan of President Bush, but he only played a part in this whole production - there are a lot of other guilty players out there.

Yes, the republicans will have a hard time 'climbing out of the sewer', but it will happen because this country wasn't founded on just one mindset of ideas and one group having total control. It's about opposition and balance of power and that goes all the way back to the revolution. Did you know that some people in our early government were ready to make peace with George III and go back to England instead of continue the war? And after the war was won, some of them then wanted to crown George Washington King of America? See how well opposition worked even back then?

Everyone has a right to their opinions, but not all opinions are right for everyone. Even when things falter for one group for a while, they eventually come back - the democrats did after Jimmy Carter.
Feel sorry for the current administration
I feel the president is like the boy sticking his finger in the dyke to stop a flood, except there are too many holes and not enough fingers.  While I was glad to see Paul Volcker admit that things are worse than they expected, I really wonder if this econimic slide can be stopped not only here but worldwide.  You have to stop and ask yourself, if we were to see another depression like or worse than the Great Depression, what would you do?
UAW is definitely to blame for GMs current situation.

Where Would General Motors Be Without the United Automobile Workers Union?


Mises Daily by | Posted on 4/19/2006 12:00:00 AM



"This is a question that no one seems to be asking. And so I've asked it. And here, in essence, is what I think is the answer. (The answer, of course, applies to Ford and Chrysler, as well as to General Motors. I've singled out General Motors because it's still the largest of the three and its problems are the most pronounced.)


First, the company would be without so-called Monday-morning automobiles. That is, automobiles poorly made for no other reason than because they happened to be made on a day when too few workers showed up, or too few showed up sober, to do the jobs they were paid to do. Without the UAW, General Motors would simply have fired such workers and replaced them with ones who would do the jobs they were paid to do. And so, without the UAW, GM would have produced more reliable, higher quality cars, had a better reputation for quality, and correspondingly greater sales volume to go with it. Why didn't they do this? Because with the UAW, such action by GM would merely have provoked work stoppages and strikes, with no prospect that the UAW would be displaced or that anything would be better after the strikes. Federal Law, specifically, The National Labor Relations Act of 1935, long ago made it illegal for companies simply to get rid of unions.


Second, without the UAW, GM would have been free to produce in the most-efficient, lowest cost way and to introduce improvements in efficiency as rapidly as possible. Sometimes this would have meant simply having one or two workers on the spot do a variety of simple jobs that needed doing, without having to call in half a dozen different workers each belonging to a different union job classification and having to pay that much more to get the job done. At other times, it would have meant just going ahead and introducing an advance, such as the use of robots, without protracted negotiations with the UAW resulting in the need to create phony jobs for workers to do (and to be paid for doing) that were simply not necessary.


(Unbelievably, at its assembly plant in Oklahoma City, GM is actually obliged by its UAW contract to pay 2,300 workers full salary and benefits for doing absolutely nothing. As The New York Times describes it, "Each day, workers report for duty at the plant and pass their time reading, watching television, playing dominoes or chatting. Since G.M. shut down production there last month, these workers have entered the Jobs Bank, industry's best form of job insurance. It pays idled workers a full salary and benefits even when there is no work for them to do.")


Third, without the UAW, GM would have an average unit cost per automobile close to that of non-union Toyota. Toyota makes a profit of about $2,000 per vehicle, while GM suffers a loss of about $1,200 per vehicle, a difference of $3,200 per unit. And the far greater part of that difference is the result of nothing but GM's being forced to deal with the UAW. (Over a year ago, The Cincinnati Enquirer reported that "the United Auto Workers contract costs GM $2,500 for each car sold.")


Fourth, without the UAW, the cost of employing a GM factory worker, including wages and fringes, would not be in excess of $72 per hour, which is where it is today, according to The Post-Crescent newspaper of Appleton, Wisconsin.


Fifth, as a result of UAW coercion and extortion, GM has lost billions upon billions of dollars. For 2005 alone, it reported a loss in excess of $10 billion. Its bonds are now rated as "junk," that is, below, investment grade. Without the UAW, GM would not have lost these billions.


Sixth, without the UAW, GM would not now be in process of attempting to pay a ransom to its UAW workers of up to $140,000 per man, just to get them to quit and take their hands out of its pockets. (It believes that $140,000 is less than what they will steal if they remain.)


Seventh, without the UAW, GM would not now have healthcare obligations that account for more than $1,600 of the cost of every vehicle it produces.


Eighth, without the UAW, GM would not now have pension obligations which, if entered on its balance sheet in accordance with the rule now being proposed by the Financial Accounting Standards Board, will leave it with a net worth of minus $16 billion.


What the UAW has done, on the foundation of coercive, interventionist labor legislation, is bring a once-great company to its knees. It has done this by a process of forcing one obligation after another upon the company, while at the same time, through its work rules, featherbedding practices, hostility to labor-saving advances, and outlandish pay scales, doing practically everything in its power to make it impossible for the company to meet those obligations.


Ninth, without the UAW tens of thousands of workers — its own members — would not now be faced with the loss of pension and healthcare benefits that it is impossible for GM or any of the other auto companies to provide, and never was possible for them to provide. The UAW, the whole labor-union movement, and the left-"liberal" intellectual establishment, which is their father and mother, are responsible for foisting on the public and on the average working man and woman a fantasy land of imaginary Demons (big business and the rich) and of saintly Good Fairies (politicians, government officials, and union leaders). In this fantasy-land, the Good Fairies supposedly have the power to wring unlimited free benefits from the Demons.


Tenth, Without the UAW and its fantasy-land mentality, autoworkers would have been motivated to save out of wages actually paid to them, and to provide for their future by means of by and large reasonable investments of those savings — investments with some measure of diversification. Instead, like small children, lured by the prospect of free candy from a stranger, they have been led to a very bad end. They thought they would receive endless free golden eggs from a goose they were doing everything possible to maim and finally kill, and now they're about to learn that the eggs just aren't there.


 


Here is the link for the rest of the article:  http://mises.org/story/2124


Anything to distract us from this current disaster
nm
I like it here. Besides, mostly all they discuss there is current events. Imagine that. nm

my favorite place to stay current

on the issues in politics is Media Matters America.  As the name explains, they monitor all forms of media and report on the distortions and misinformation. They give factual rebuttals. They make it a lot easier to sort fact from fiction.


 


His memory is no more 'selective' than the current Pres..
and his cronies...
Link to current law regarding foreign birth...sm
to American citizens.  http://www.aca.ch/joomla/index.php?option=com_content&task=view&id=91&Itemid=80
No need to wonder...current mortgage bank crisis...
brought to you courtesy of greedy democrats on Congress and greedy Democrats at the top of Fannie Mae. The handwriting is on the wall. This one's on you. McCain saw it coming in 2005 and the dems shut him down. Well, we are reaping what they sowed. To quote Toby Keith...how do you like them now?
Mccain current campaign manager

 Seems Rick Davis was paid $30,000 a month - for five years - as president of "an advocacy group set up by the mortgage giants Fannie Mae and Freddie Mac to defend them against stricter regulations," according to the International Herald Tribune.


 


 


Just remember, the current administration is to blame.
If that many people in your family are being laid off, you have no one to blame but the current administration. They are the ones who are interested in making the rich richer and the poor poorer. Obama has been criticized ad nauseum on this board for wanting to "spread the wealth." Now, you are accusing him of wanting to make the rich richer. You can't have it both ways!
Bush vs Obama on the current crisis
I think I cannot post the link (?) but go to Youtube and search "timeline shows Bush, McCain warn.... for a news piece aired in Canada (and certainly not in the US on the MSM).  Back in 2002 Bush and McCain both warned that Fannie and Freddie needed overhauling ,after the Clinton/dem policy that anyone who wants a mortgage should get one had us on a collision course with financial ruin. But did anyone listen?  Noooooooo!  Bawney Fwank said:  We're all just fine here.  No problem.  Nothing to look at, people.  Move along.  Chuck Schumer said:  Fannie and Freddie have been doing an outstanding job and there is no problem.  So, once again history has vindicated a republican, but we in the US are being protected from such dangerous information.  How about a REVERSE fairness doctrine?
Your description reminds me of our current lousy
nm
The current Democratic Congress has also floated the notion of.....sm
outlawing the current 401K's that most of us have with our retirement funds in them.

Why?

Probably because they know how to invest our money better than we do, and want to make us put all our extra money into government backed retirements funds.


Sounds to me like a repeat of Social Security, where they'll use our money, put an IOU in a drawer someplace, and then say oops.....sorry, your money's all gone....

In the current economic meltdown....he has to inspire confidence...
fortunately for me, I am reaping the benefits of one of his agendas. I would be absolutely THRILLED if he can accomplish it all within the time limits he has imposed upon himself - but, he has an army of congress to aid our progress - how much will the pubs obstruct? I guess we will have to wait to see. I could pisss in my cheerios and embrace your negativity but I'd rather go to bed and have fabulous sex with my husband - we have something to celebrate.
This site says "according to current polling data" ...I'll say again....
the polls are stacked to the dem side, as that is mostly who they poll.

Wait till the actual, real, election, to see who wins.


I don't believe or trust in these one-sided polls....
stimulus
Where did you get that info from?
Stimulus
The Congressional Budget Office has estimated that eliminating the waiver requirement (which is what Pelosi et AL are talking about) would save $400 million dollars over 10 years. The stimulus package contains short-term and long-term stimuli.

Here's a link, but it wasn't working last time I tried it. It's a pdf so you'll need Adobe Acrobat to read it.

http://change.gov/open_government/yourseatatthetable/2008121

If you Google "CBO stimulus package family planning waiver" you'll find new articles with references to those same figures found in the CBO report.
The stimulus was this big because it has to be BIG.
The reason it has to be BIG is because there are a lot of things that need MONEY!!!  It needs to be big to get back on track, and if this doesn't work, your grandchildren will be eating dirt, everything is just that BAD!!!  HE HAS TO SPEND A LOT OF MONEY!!!  That's the predicament we're in because of the last 8 years.  Taxes cut for the rich with 2B going to Iraq every week, we're still paying Iraqis to not shoot us at $250 a week per family, 700B a year for oil, and nothing for us.  So goes the Bush agenda which did very well for the rich, but not for you nor me, now we PAY!  You can't fight wars, deregulate the banks, cut taxes, etc., and expect it not to bite you in the a@@, and that's where America is now, broke and beaten to a pulp.  The gift Bin Laden never thought he'd receive.
Stimulus checks

How many of you enjoyed your Stimulus Checks?  I for one loved mine.  Think back to what you did with that check?  Maybe you paid some bills, bought that CD you have been wanting, maybe a night out with your family to a nice restaurant or even Pizza Hut.  A lot of us were able to buy new clothes for our children.


Admit it, it was worth going to the mailbox for.  I looked forward to the mail for once.


Senator Obama has pushed for more Stimulus checks immediately for the American people.  But who do you think veto'd it?  President Bush did.  Senator McCain has sided with President Bush 90% of the time.  Believe me, you won't be going to the mailbox to find anymore Stimulus Checks in there if you elect John McCain on November 4, 2008.


Stimulus checks

I'm ill, have no health insurance, and if we get another stimulus check, I'll be able to go see the doctor again.  (I've been there twice:  When I received my income tax refund and when I received the first stimulus check.) 


The doctor is pretty far away, and I need to rent a car (with a $250.00 deposit) since my daughter's car is very old and probably wouldn't make the trip.  (My car was repossessed when I couldn't afford the payments any more due to being in the hospital so often.)


I hope we get another stimulus check so I can see the cystic fibrosis specialist again.  In the meantime, I'm fortunate to have found a good doctor for low-income people in my town.


stimulus package
Has anyone heard anything about the stimulus stating that if you're white, do not apply?
Stimulus Package

I've read a lot about it on line and decided to get the info from the government itself.


Division B is where the so-called stimulus for us is located. A whole 5 pages or so. The rest is for millions and billions to go to:


Agricultural Research Services, buildings and facilities


Farm Bureau Salaries and Expenses


Natural Conservation Sevices Watershed and flood prevention operations, watershed rehab, fisheries


Rural Development Programs, rural housing services, utilities including distance learning, telemedicine,and broadband program


Bonneville Power Administration


Appropriations Transfer Authority: Department of Energy for `Energy Efficiency and Renewable Energy', `Electricity Delivery and Energy Reliability', and `Advanced Battery Loan Guarantee Program'


Financial Services: GSA, federal building fund,energy efficient government motor vehicle fleet procurement


Then we come to small businesses. Economic Stimulus LENDING for small businesses. 


Shall I keep going or does everybody get the jist of this so-called stimulus package?


 


 


Stimulus package, etc.
I absolutely agree with you.  You are 150% right.
So, In Obama's stimulus there is anything about
Just great. Is that why now Government is taking over the car companies now?
The programs in the stimulus...nm
x
This is about LAST YEAR'S stimulus

Now this makes sense. 


Yes, let's all blame W's stimulus

STIMULUS STORY

It is the month of August, on the shores of the Black Sea . It is raining, and the little town looks totally deserted. It is tough times, everybody is in debt, and everybody lives on credit.


Suddenly, a rich tourist comes to town. He enters the only hotel, lays a 100 Euro note on the reception counter, and goes to inspect the rooms upstairs in order to pick one.


The hotel proprietor takes the 100 Euro note and runs to pay his debt to the butcher. The Butcher takes the 100 Euro note, and runs to pay his debt to the pig grower.


The pig grower takes the 100 Euro note, and runs to pay his debt to the supplier of his feed and fuel.


The supplier of feed and fuel takes the 100 Euro note and runs to pay his debt to the town’s prostitute that in these hard times, gave her “services” on credit.


The hooke*r runs to the hotel, and pays off her debt with the 100 Euro note to the hotel proprietor to pay for the rooms that she rented when she brought her clients there.


The hotel proprietor then lays the 100 Euro note back on the counter so that the rich tourist will not suspect anything.


At that moment, the rich tourist comes down after inspecting the rooms, and takes his 100 Euro note, after saying that he did not like any of the rooms, and leaves town.


No one earned anything. However, the whole town is now without debt, and looks to the future with a lot of optimism….


And that, ladies and gentlemen, is how the United States Government is doing business today.


And if that doesn’t scare the ____ out of you then you are brain dead!