Convention of Statesmen

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Updates on Obama's Convert Democracy to Socialism Package

We have some updates on Barack Obama's Convert to Democracy to Socialism, otherwise known as Stimulus, Package.

First: It now appears that the $300,000,000 set aside for contraception and STDs is being taken out of Obama's little Trojan Horse to the American people. Hallelujah, $300,000,000 down and $819,000,000 plus to go.

Second: Robert Reich (former Secretary of Labor under the Clinton Administration), a highly influential Democrat and FLAMING liberal stated to a salivating Rep. Charles Rangel at a January 7th Congressional hearing::

“I am as concerned as many of you are that these jobs not simply go to high-skilled people who are already professionals or to white male construction workers.”

Stunning. Absolutely stunning. Is it possible our federal government will disperse funds based on color rather than skill, ability to work hard and education? No, it cannot be. And I am going to state right now, education can be gained through traditional methods or through self-education. There is no excuse for an uneducated individual, not anymore. Public library, city programs, church programs, the internet, books, conversation, study, perseverance . . . all of these things are within the capabilities of anyone in America. But those things won't matter, you just not better be white. Brilliant, an ever quicker to destroy America.

Yes, it is possible this is exactly what the Obama Administration will demand. I mean, come on, check out what Glenn Beck reported from the CBO (Congressional Business Office):

$26 billion of the $820 billion will be spent in 2009.
$110 billion will be spent in 2010.
$103 billion will be spent in 2011.
$53 billion will be spent in 2012.
$63 billion will be spent between 2013 and 2019.

THIS is the much needed JOLT to the American economy that will save us? Hell no! It's more of the same liberal tax and spend that extended the Great Depression into the 40's. This is more of the fiscal irresponsibility Franklin Delano Roosevelt used to almost destroy Americans across the nation. They are doing NOTHING different. It didn't work in the 30's and 40's and it WON'T work now. Sheesh, Dumas said, paraphrasing, "those who don't learn from history are doomed to repeat it." We're not even one hundred years out from the Great Depression. How could Democrats not have learned that lesson when EVERYONE else did.

Let's go on.

Less than $5 billion of the $30 billion set aside for highway spending will be spent in 2009-2010. So much for creating jobs and fixing the infrastructure. Quick jolt? I think not.

$1 in $7 of the $18.5 billion dollars set aside for energy effiency will be spent in the next 18 months. $1 in $7! Obama is reversing all the Bush energy policies, including the lifting of bans on offshore drilling and the drilling for shale oil in Utah, Colorado and Wyoming. These policies were going to produce hundreds of thousands of jobs, reduce dependence, if not eradicate, on foreign oil (purchasing our oil from established enemies who wish to destroy America is the most ASININE thing the federal government has done and continues to do.) Obama stated during the campaign that he had no problem with $8 a gallon gas, just that it couldn't go up quickly or the American people would revolt. So yes, I can understand why Obama would only spend $1 in $7 of the $18.5 billion set aside.

And specifically breaking every dollar down:

Energy

$32 billion: Funding for "smart electricity grid" to reduce waste
$16 billion: Renewable energy tax cuts and a tax credit for research and development on energy-related work, and a multi-year extension of renewable energy production tax credit
$6 billion: Funding to weatherize modest-income homes

Science and Technology

$10 billion: Science facilities
$6 billion: High-speed Internet access for rural and underserved areas

Infrastructure

$30 billion: Transportation projects
$31 billion: Construction and repair of federal buildings and other public infrastructure
$19 billion: Water projects
$10 billion: Rail and mass transit projects

Education

$41 billion: Grants to local school districts
$79 billion: State fiscal relief to prevent cuts in state aid
$21 billion: School modernization ($15.6 billion to increase the Pell grant by $500; $6 billion for higher education modernization)

Health Care

$39 billion: Subsidies to health insurance for unemployed; providing coverage through Medicaid
$87 billion: Help to states with Medicaid
$20 billion: Modernization of health-information technology systems
$4.1 billion: Preventative care

Jobless Benefits

$43 billion for increased unemployment benefits and job training.
$39 billion to support those who lose their jobs by helping them to pay the cost of keeping their employer provided healthcare under COBRA and providing short-term options to be covered by Medicaid.
$20 billion to increase the food stamp benefit by over 13% in order to help defray rising food costs.

Taxes

Individuals:

*$500 per worker, $1,000 per couple tax cut for two years, costing about $140 billion.
*Greater access to the $1,000-per-child tax credit for the working poor.
*Expansion of the earned-income tax credit to include families with three children
*A $2,500 college tuition tax credit.
*Repeal of a requirement that a $7,500 first-time homebuyer tax credit be paid back over time.

Businesses:

*An infusion of cash into money-losing companies by allowing them to claim tax credits on past profits dating back five years instead of two.
*Bonus depreciation for businesses investing in new plants and equipment
*Doubling of the amount small businesses can write off for capital investments and new equipment purchases.
*Allowing businesses to claim a tax credit for hiring disconnected youth and veterans

[Sources: Associated Press: Highlights of Senate economic stimulus plan; January 23, 2009; WSJ: Stimulus Package Unveiled; January 16, 2009; Committee on Appropriations: January 15, 2009]

When is the money being is going to be spent, and on what?

• Only $26 billion out of $274 billion in infrastructure spending would be delivered into the economy by the Sept. 30 end of the budget year, just 7 percent.

• About $907 million of a $6 billion plan to expand broadband access in rural and other underserved areas would be spent by 2011, CBO said.

• Just one-fourth of clean drinking water projects can be completed by October of next year.

• $275 billion worth of tax cuts to 95 percent of filers and a huge infusion of help for state governments is to be distributed into the economy more quickly.

[Note: The CBO's analysis applied only to 40 percent of the overall stimulus bill, and doesn't cover tax cuts or efforts; a CBO report outlining all of its costs is expected in the next week or so.]

• The Obama administration said $3 of every $4 in the package should be spent within 18 months to have maximum impact on jobs and taxpayers; if House or Senate versions of the bill do not spend the money as quickly, the White House will work with lawmakers to achieve the goal of spending 75% of the overall package over the next year and a half.

[Source: AP: Three-quarters of stimulus to go in 18 months; January 22, 2009; Bloomberg News: Much of Stimulus Wont Be Spent Before 2011, CBO Says; January 20, 2009; link]

Who will be spending the money? Will the states be receiving any money to spend, community organizations? Churches?

The economic stimulus plan now moving through Congress would shower billions of federal dollars on state and local governments desperate for cash:

• The House stimulus bill includes an extra $87 billion in federal aid to state Medicaid programs.

• It allots some $120 billion to boost state and city education programs.

• There's $4 billion for state and local anticrime initiatives in the legislation, not to mention $30-plus billion for highways and other infrastructure projects.

• $6.9 billion to help state and local governments make investments that make them more energy efficient and reduce carbon emissions.

• $87 billion to states, increasing through the end of FY 2010 the share of Medicaid costs the Federal government reimburses all states by 4.8 percent, with extra relief tied to rates of unemployment.

• $120 billion to states and school districts to stabilize budgets and prevent tax increases and deep cuts to critical education programs.

Overall, about one-quarter of the entire $825 billion recovery package would be devoted to activities crucial to governors, mayors, and local school boards - making them among the plans biggest beneficiaries.

[Sources: Committee on Appropriations: January 15, 2009; Reuters: Roads, energy, states win in US stimulus plan;15 January 2009; Christian Science Monitor: States to win big in stimulus sweepstakes; House bill allots almost one-quarter of the $825 billion recovery package to states, localities. How will that boost the economy?; January 25, 2009; Link]

This is Obama's big plan? This is the quick much needed JOLT to the economy? This is the bill that has be pushed through quickly and without hesitation. Translation: "Don't read the 400 pages, it's good I promise. Just sign off on it, after all, I am the president. You can trust me."

Why hurry? None of this creates jobs. None of this stimulates the economy. None of this saves failing businesses. None of this keeps people in their homes. None of this saves jobs. What's the big hurry? Oh yeah, time to make the federal government bigger and bigger until the rights of each American citizen insured by the Constitution of the United States of America are completely gone.

Call your senators and your congressman. Demand they vote NO on Obama's stimulus bill. Be you Democrat, Republican, Independent or a member of the American Ice Cream Party (I'm not joking) no one can see this as saving the American economy. Not if you have a modicum of intelligence or common sense.

Saving this economy would involve:
  • Lowering taxes for corporations and small business
  • Pursuing and developing domestic energy independence, such as shale oil and other traditional fuel sources WHILE developing alternative sources. Not shutting down traditional fuel sources, abusing the American people and demanding that alternatives be developed. Both is needed, not one or the other.
  • Not developing national healthcare because the America cannot afford it.
  • Not providing tax refunds to people who don't pay taxes
  • Encouraging the growth of business in the private sector, tax breaks, etc.
  • Do the opposite of everything Franklin Delano Roosevelt did in regards to the economy. The exact opposite!
These are just a few things. So demand Congress listen to their constituents. Obama's package does nothing for the American people and everything for the special interests and lobbyists driving his agenda. Oh yes, even though he promised no lobbyists, he has one serving in his administration right now. Call your senators and congressman. This package must not pass.

Tell Obama to keep his Trojan Horse. We don't need it.
Updates on Obama's Convert Democracy to Socialism Package Updates on Obama's Convert Democracy to Socialism Package Reviewed by Candace Salima on Tuesday, January 27, 2009 Rating: 5