I am REALLY hoping that the new push for transparency and accountability will help reduce spending, waste, and pork overall, but think it's going to take a while to teach old washington new tricks.
Stimulus bills head to conference
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lol. now that is funny, scooterbug! transparency in spending. I have yet to hear anyone explain where the first $350 billion went, and how it did anything to stimulate the economy. From what I can tell, it and the 2008 Economic Stimulus Act, did absolutely nothing except to increase the debt of this Country, and pad the bankers pocketbooks.
I don't know where it went either - that's why I am looking forward to being able to go to the website and SEE where this $ is going.
I am sure I will disagree with some of its direction, but at least it will be there a modicum of a reference point and politicos will have to justify it come election time.
I am sure I will disagree with some of its direction, but at least it will be there a modicum of a reference point and politicos will have to justify it come election time.
You will never see full disclosure as long as we have gov't.
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That is exactly what I noted in my recent letters to my Senators. The banks were the only ones who benefitted from the 2008 Economic Stimulus Act, and the first $350 billion of this 2009 Act. That doesn't exactly stimulate the economy.
What was their reply? Just curious...
You can see how your Congressional delegation voted at the linked website.
http://www.govtrack.us/congress/bill.xpd?bill=h110-5140
http://www.govtrack.us/congress/bill.xpd?bill=h110-5140
This just in -- "spendulus" bill dropped from $838 to $789 billion. Last week someone on CNN was trying to demonstrate just how big a number $838 billion is. He said that if a million dollars a day were used to pay off a debt of that amount, it would take almost 2296 years to do so.
Now at $789 billion, it's just a mere 2162 years.
Here's another ludicrous thing regarding numbers. Obama says that he will cap the income of CEOs of corporations who receive money from the U.S. government at $500,000. Doesn't he know that many other executives at these companies make much more than that? On CNN someone in the Obama camp was asked why they picked the number $500,000. He shrugged his shoulders and said that he thought it was because that's more than the president, the chief justice, or any other government employee makes.
Now at $789 billion, it's just a mere 2162 years.
Here's another ludicrous thing regarding numbers. Obama says that he will cap the income of CEOs of corporations who receive money from the U.S. government at $500,000. Doesn't he know that many other executives at these companies make much more than that? On CNN someone in the Obama camp was asked why they picked the number $500,000. He shrugged his shoulders and said that he thought it was because that's more than the president, the chief justice, or any other government employee makes.
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