Here’s a very powerful perspective from Senate Minority Leader Mitch McConnell on the out-of-control, special-interest spending bill that Congressional Obamaniacs are trying to shove down America’s throat:
To give the proposed economic stimulus plan some perspective, “if you started the day Jesus Christ was born and spent $1 million every day since then, you still wouldn’t have spent $1 trillion.”
Jim Geraghty at National Review says, the math adds up…
Christ’s birth in year zero one, times 365, times 2009, gets you 733,285,000,000, or a bit over $733 billion. (Yes, I’m leaving out leap years.) You’re not even three-quarters of the way there. (Politifact calculates from 4 B.C.)
Yes, the stimulus is less than a trillion—$819 billion in the version passed by the House. But that’s still a bigger total than a million a day since the first Christmas.
That’s a soundbite that is going to resonate.
Damning, just damning. Our 44th President leading America into financial ruin: Jimmy Carter Hussein Obama.
-Bruce (GayPatriot)
And just to head off the predictable Obama cultie response – Yes, Bush ran up the deficit. BUT, the right hated him for it. Our criticism of Bush’s fiscal profligacy was loud and constant.
You Obamatologists can say, “Bush wasted money on the Iraq War.” But the truth is, the Iraq War cost less over six years than your Dear Leader is proposing to spend in just this one “Stimulus”. ($579 B for the Iraq War versus $819 – $1,200 Billion for the “Stimulus.”) And most of the money spent on the Iraq War would have had to have been spent anyway, since you have to feed, house, equip, and pay soldiers even when they’re not fighting.
But considering your side worships a president who thinks there are 57 states and a Speaker whose botox-addled brain thinks 500 million people are losing their jobs every month, it’s not surprising that math is not something that means much to you.
BAM!
Can I point out that Bush 43 got 7 years of safty from terror attacks and freed 50 million people for the money he spent.
The million dollars a day for 2008 years is stunning.
1.5 Billion jobs have been lost since Obama was elected. In another year everyone on the planet will be unemployed. Thank God for Democrat Speaker Pelosi who has sounded the clarion call!
Here’s a radical concept: if the government wants to print $100,000,000,000,000 (trillion) more dollars, then instead of doling it out to unsustainable bureaucracy interests, why not divide it evenly among the people and give it to them directly? That would amount to around $3,500 per person. What would you do with $3,500? Some people would use it to pay off debt (recapitalizing banks), some would use it to invest in the stock market (recapitalizing the dow jones) and some would spend it on goods and services (keeping the economy moving). Yes, inflation would eventually set in, but at least it would set in after every one’s had an equal and fair chance at using their new dollars, and not after only the privileged select have gotten to use it under Obama’s plan while the rest of us only get to those dollars after they’ve been spent and inflation sets in.
While the Dems posture with populist games of limiting salaries of bailed-out executives, they connive to create a National Federal Toxic Loan Landfill Bank. We the People will suck up all the sub-prime junk that Freddie and Fannie enabled and we will add it to our national debt and use it to fuel inflation.
These liberal Congress types have swooned since forever over the Roosevelt administration. Now they see themselves as the titans of Roosevelt Revisited. They have blown the doors off the Treasury and emptied the vault. Now they are oiling the printing presses and ordering up paper. I would not be surprised if they issue everyone a Federal Credit Card with frequent user bonus interest and automatic debt cancellation. Who cares if a banana costs $10,000 if you don’t have to earn the money you spend.
Wonder how many jobs would have been created by those domestic oil leases the Dear Leader shut down?
This proposed financial debacle is mind boggling. The interest on the money borrowed could bankrupt the nation. Interest rates are already rising in anticipation of the massive borrowing that will be required to fund this non-stimulus, stimulus package. For the independent and Republicans who voted for the dear one it is too late for buyer´s remorse. The nation is stuck with him for the next four years. The damage that he will leave in his wake might take a decade or more to repair. My one prayer is that all the conservative judges on the Supreme Court stay healthy and actlive until 2013. If has to replace justices, may it be Ruth Bader Ginsberg and Steven Bryer.
Insincerity, thy name is conservativism.
Enjoy the cocoons you have built yourselves, its obvious you have so little left.
I love how the Democrats and MSM are spinning Obama’s failure to pass this swindle-us package in record time as a product of obstructionist Republicans. They fail to understand that they’re doing our advertising for us.
Don’t forget, V, we’re trying to wean ourselves off the evil oil (and gas & coal) that’s sooo warming the globe. The 6 million dollars to refund payments made for oil leases will come easily from our trillion-dollar “stimulus” bill–it may be the smallest expenditure in the current bill.
In 1996, the wise Pres. Bill Clinton created the Grand Staircase-Escalante National Monument, effectively shutting down Andalex Coal’s plans to create thousands of jobs by mining “clean” coal in Utah. (His wisest move was to NOT advise anyone in Utah that he was going to do this until 24 hours before the act.) Environmentalists, none of whom had hoped to work in Utah, cheered Clinton for his foresight in protecting that pristine wilderness. Even in 1996, Clinton foresaw the evil effects of coal on the globe (and despite what some people suspected, the fact that his Indonesian donors controlled the only other deposits of similar coal sure didn’t factor into his decision).
Anyway, you have to be a congressperson or Democrat president to understand the stimulative effect of halting domestic oil, gas and coal production. YOU obviously cannot understand. Heck, even I can’t understand.
Besides, didn’t Utah go red in the presidential election? They must be made to see the error of their ways. The loss of jobs and tax revenue in Utah is a just punishment, well worth the loss of tax & lease revenue to the feds.
I gotta say for the record: I support the stimulus. I really hope it passes and that it totals more than a trillion.
America’s current economic and financial system, the one established on socialist and crypto-fascist principles by Roosevelt in the 1930s including huge deficits, bailouts for the incompetent, etc… Is doomed. And I want the doom to (1) come in my lifetime and (2) be blamed on Democrats, so that a recovery – based on a return to small-government principles – also has a chance of being in my lifetime. Anything that pushes us closer to financial doom, under a Democratic administration, I am for.
I am still concerned about people in KY, AL who still do not have heat or electricity. Guess our Dear Leader (I love that phrase)does not care about them at all.
P.S. I also favor the Republicans returning to their core principles and being on the side of fiscal responsibility and small government again. So, I support what they’re doing too. I just hope they make a very good, very public fight of it and inspire themselves to keep on fighting – but lose this battle.
Bruce, excellent post as always. Just one minor clarification, albeit an ecumenical one:
Christ was not born in 0 AD. When the first Christian calendar was being created by the monk Dionysios, he accidentally pushed the date up six years early, so in reality Christ was born in 6 BC.
My Eastern Orthodox family both here and in Europe still use the Julian calendar, which unlike the Gregorian is closer to the original Christian calendar published circa 100 AD.
Just FYI. But regardless of the date or not, it is still a boatload of money which will accomplish virtually nothing for us economically speaking.
Regards,
Peter H.
thelittleletterpeople gillie has left this message:
Well, gillie, consider this:
The shoes of the viscount on the ceiling are full of Pampers. My aunt’s donkey is about to vomit. The moon of perplexity is in the seventh orbit and dinosaur sweat becomes you.
The smaller your thoughts, the larger your mind grows. Have you tried breath control? It lowers your toxins and improves the environment. If you happen to have a thought, save it. You may never have another one.
Heliotrope:
“It’s 11:59 on Radio Free America; this is Uncle Sam, with music, and the truth until dawn. Right now I’ve got a few words for some of our brothers and sisters in the occupied zone: “the chair is against the wall, the chair is against the wall”, “John has a long mustache, John has a long mustache”. It’s twelve o’clock, America, another day closer to victory. And for all of you out there, on or behind the line, this is your song. “
Politico is noting that Sen Maj Leader Harry gReid (at his pen & pencil availability meeting) thinks he has the votes needed to pass the stimulus as it stands right now –and avoid filibuster. To do that, he’s a’counting on some GOPers.
I hope GOP Senators all vote NO, no matter what concessions the WH or Democrats agree to or kick in…. and that Michael Steele screams from the rooftop that the bill is still seriously, horrendously flawed and needs to be set aside for a new package of meaningful tax cuts and credits.
This bill is like the “just toss money at it” bills that Bush et al came up with after 9-11 and those terrifically effective Homeland Security grants… which ended up, in part, paying for video cameras in grade schools, suicide bars on doors at suburban malls, the silly but expensive media campaign about duck taping your basement windows and having a Family Safety Plan in place, etc.
No more “Just Toss Money At It”. And that includes help on toxic mortgages. Let the frickin’ marketplace work. Arrgggh!
Look at the bright side people:
If Democrats are successful with the stimulus bill, we’ll all be walking around with $100 bills in our pockets…. of course that’s only cus they’ll be worth about a dollar a piece, but I like to see the silver lining in everything.
For starters, they should remove that portion of the Bill that allocates $3.8 billion to the reunion of Peaches & Herb!
Why do liberals insist on the now-or-never and no-time-to-lose tactic whenever they try to vote a bill into law? As it is, the majority of that money won’t be available until the end 2010. It isn’t likely to do diddly for at least a couple of years if it in fact does anything at all.
#21 Its not supposed to do anything at all to stimulate the economy. As Obama admitted himself in an Op Ed for the WaPo:
The real purpose of the bill is to
1. Increase the number of Americans dependent on union jobs that are in turn dependent on Democrat led big government,
2. Make a majority of Americans dependent on big government and thus dependent on Democrats, and
3. Transfer wealth to Democrat special interests.
#9: gillie, you may have made your most pointless comment yet.
#11: ILC, I see where you’re coming from but it won’t work. Most EU countries crossed this bridge years ago and I don’t think there’s been much demand for fiscal conservatism yet.
SCR – And look at the shape those EU countries are in today. Britain is lowering their interest rates to 0-1% like us, and is even worse off than us. While the Eurozone countries are very smartly refusing to go below 2% and are having somewhat smaller porkfests, and will end up better off than us. (Except France, which is doomed to Islamic revolution in 15 years.) The combination of 0% interest rates (which means massive money creation) and trillion-dollar porkfests on top of debt-to-GDP already over 350%, is what will prove explosive.