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07-23-2008, 08:24 AM
| | Banned | | Join Date: Jul 2008 Location: Texas
Posts: 562
Rep Power: 0 | | | Dems wasteful spending Democrats are going to saddle our grandchildren with massive debt. 
This stimulus will not have any affect for several years.
Democrats are ruining America with wasteful pet projects. Pelosi eyes $50 billion in new economic stimulus | Politics | Reuters
By JoAnne Allen
WASHINGTON (Reuters) - House of Representatives Speaker Nancy Pelosi said on Thursday she is pushing for about $50 billion in a second election-year economic stimulus package being shaped by Democrats in Congress.
In January and February, the White House and congressional Republicans displayed rare bipartisanship when they worked to enact a $152 billion plan, mostly tax rebates, to stimulate the economy by trying to boost consumer spending.
Leaders in the House and Senate are discussing with key committee chairmen another emergency spending bill that would again aim to spur the economy and help those hurt by the economic slowdown.
"I would hope that we could have about $50 billion," Pelosi, a California Democrat, said in an interview on CNN.
"There are others who want more, but I think in these stimulus packages, you have to look at what helps stimulate the economy without spending more money than you should because you weight the economy down by going deeper into debt," she said.
If a second economic stimulus bill advances and it follows the formula of emergency measures enacted this year, the new stimulus would add to already steep deficits that worry fiscal conservatives.
Pelosi told CNN she believes there are enough votes in the House and Senate to pass a new stimulus package. Democrats are not counting on support from President George W. Bush this time.
Backed by fellow Republicans in Congress, Bush has indicated he wants to wait and see how the first stimulus package works before looking at another one.
Last edited by Wow; 07-23-2008 at 08:25 AM.
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07-24-2008, 02:39 AM
|  | Dejected conservative. | | Join Date: Jun 2008 Location: Michigan, USA
Posts: 2,640
Rep Power: 13 | | Quote:
Originally Posted by Wow Democrats are going to saddle our grandchildren with massive debt. 
This stimulus will not have any affect for several years.
Democrats are ruining America with wasteful pet projects. Pelosi eyes $50 billion in new economic stimulus | Politics | Reuters
By JoAnne Allen
WASHINGTON (Reuters) - House of Representatives Speaker Nancy Pelosi said on Thursday she is pushing for about $50 billion in a second election-year economic stimulus package being shaped by Democrats in Congress.
In January and February, the White House and congressional Republicans displayed rare bipartisanship when they worked to enact a $152 billion plan, mostly tax rebates, to stimulate the economy by trying to boost consumer spending.
Leaders in the House and Senate are discussing with key committee chairmen another emergency spending bill that would again aim to spur the economy and help those hurt by the economic slowdown.
"I would hope that we could have about $50 billion," Pelosi, a California Democrat, said in an interview on CNN.
"There are others who want more, but I think in these stimulus packages, you have to look at what helps stimulate the economy without spending more money than you should because you weight the economy down by going deeper into debt," she said.
If a second economic stimulus bill advances and it follows the formula of emergency measures enacted this year, the new stimulus would add to already steep deficits that worry fiscal conservatives.
Pelosi told CNN she believes there are enough votes in the House and Senate to pass a new stimulus package. Democrats are not counting on support from President George W. Bush this time.
Backed by fellow Republicans in Congress, Bush has indicated he wants to wait and see how the first stimulus package works before looking at another one. | You really should put stuff you copy and paste into quotes, or use the quote feature.
__________________ Charles_Main
"Whenever a man has cast a longing eye on offices, a rottenness begins in his conduct."
Thomas Jefferson
"Dependence begets subservience and venality, suffocates the germ of virtue, and prepares fit tools for the designs of ambition."
Thomas Jefferson | 
07-24-2008, 07:42 AM
|  | wanasiasa wapumbava | | Join Date: May 2008 Location: PA
Posts: 1,489
Rep Power: 11 | | | and what about the repubs wasteful spending huh? which administrations have piled up the largest amount of debt?
__________________ sealybobo thinks im a racist right winger. RGS thinks im a braindead liberal. I wonder which one I am?
the best view is from the middle
“Those who are too smart to engage in politics are punished by being governed by those who are dumber.” Plato
“Politics is the gentle art of getting votes from the poor and campaign funds from the rich by promising to protect each from the other” Oscar Ameringer
"I believe there are more instances of the abridgement of freedom of the people by gradual and silent encroachments by those in power than by violent and sudden usurpations. ... The means of defense against foreign danger historically have become the instruments of tyranny at home." James Madison | 
07-24-2008, 07:46 AM
|  | I used to be cool | | Join Date: May 2007
Posts: 4,287
Rep Power: 106 | | This is a sign of the times. Another 50 billion in deficit spending, huh?
Why don't we just wait until the international community sends their Dollars back here en masse, and then we'll have PLENTY to spend! 
__________________ "If you analyze it I believe the very heart and soul of conservatism is libertarianism. The basis of conservatism is a desire for less government interference or less centralized authority or more individual freedom and this is a pretty general description also of what libertarianism is."
-Ronald Reagan | 
07-24-2008, 07:55 AM
|  | wanasiasa wapumbava | | Join Date: May 2008 Location: PA
Posts: 1,489
Rep Power: 11 | | Quote:
Originally Posted by Paulitics This is a sign of the times. Another 50 billion in deficit spending, huh?
Why don't we just wait until the international community sends their Dollars back here en masse, and then we'll have PLENTY to spend!  | im ready to put all my savings into gold or silver if needed, or maybe just a fancy platinum ring. but massive inflation would help me with my student loans as well, so i'm torn 
__________________ sealybobo thinks im a racist right winger. RGS thinks im a braindead liberal. I wonder which one I am?
the best view is from the middle
“Those who are too smart to engage in politics are punished by being governed by those who are dumber.” Plato
“Politics is the gentle art of getting votes from the poor and campaign funds from the rich by promising to protect each from the other” Oscar Ameringer
"I believe there are more instances of the abridgement of freedom of the people by gradual and silent encroachments by those in power than by violent and sudden usurpations. ... The means of defense against foreign danger historically have become the instruments of tyranny at home." James Madison | 
07-24-2008, 08:19 AM
| | Registered User | | Join Date: Jun 2008 Location: Maine
Posts: 6,442
Rep Power: 42 | | | Hyper-infaltion is the friend of the debtor class, folks. Stagflation is the enemy of all. | 
07-24-2008, 08:51 AM
|  | I used to be cool | | Join Date: May 2007
Posts: 4,287
Rep Power: 106 | | Quote:
Originally Posted by busara im ready to put all my savings into gold or silver if needed, or maybe just a fancy platinum ring. but massive inflation would help me with my student loans as well, so i'm torn  | Gold and silver are always great to protect your wealth. I would also recommend foreign currency denominated securities as well.
Check out http://www.everbank.com. You can invest in interest gaining instruments denominated in precious metals, foreign currencies, and foreign equities. They are very safe, too.
Investing your savings isn't going to change the fact that you will still benefit from the inflation, in regards to your debt.
Pay your high interest, unsecured debt off in a manner that you can afford, and put aside whatever cash you can afford to keep aside, in something like precious metals and the other things I suggested.
__________________ "If you analyze it I believe the very heart and soul of conservatism is libertarianism. The basis of conservatism is a desire for less government interference or less centralized authority or more individual freedom and this is a pretty general description also of what libertarianism is."
-Ronald Reagan
Last edited by Paulitics; 07-24-2008 at 08:54 AM.
| 
07-24-2008, 09:16 AM
| | Beavis | | Join Date: Jun 2008 Location: Michigan
Posts: 4,816
Rep Power: 13 | | Quote:
Originally Posted by Wow Democrats are going to saddle our grandchildren with massive debt. 
This stimulus will not have any affect for several years.
Democrats are ruining America with wasteful pet projects. Pelosi eyes $50 billion in new economic stimulus | Politics | Reuters
By JoAnne Allen
WASHINGTON (Reuters) - House of Representatives Speaker Nancy Pelosi said on Thursday she is pushing for about $50 billion in a second election-year economic stimulus package being shaped by Democrats in Congress.
In January and February, the White House and congressional Republicans displayed rare bipartisanship when they worked to enact a $152 billion plan, mostly tax rebates, to stimulate the economy by trying to boost consumer spending.
Leaders in the House and Senate are discussing with key committee chairmen another emergency spending bill that would again aim to spur the economy and help those hurt by the economic slowdown.
"I would hope that we could have about $50 billion," Pelosi, a California Democrat, said in an interview on CNN.
"There are others who want more, but I think in these stimulus packages, you have to look at what helps stimulate the economy without spending more money than you should because you weight the economy down by going deeper into debt," she said.
If a second economic stimulus bill advances and it follows the formula of emergency measures enacted this year, the new stimulus would add to already steep deficits that worry fiscal conservatives.
Pelosi told CNN she believes there are enough votes in the House and Senate to pass a new stimulus package. Democrats are not counting on support from President George W. Bush this time.
Backed by fellow Republicans in Congress, Bush has indicated he wants to wait and see how the first stimulus package works before looking at another one. | 2005:
AT $286.4 BILLION, the highway bill just passed by Congress is the most expensive public works legislation in US history. In addition to funding the interstate highway system and other federal transportation programs, it sets a new record for pork-barrel spending, earmarking $24 billion for a staggering 6,376 pet projects, spread among virtually every congressional district in the land. The enormous bill -- 1,752 pages long -- wasn't made public until just before it was brought to a vote, and so, as The New York Times noted, ''it is safe to bet that none of the lawmakers, not even the main authors, had read the entire package."
That didn't stop them from voting for it. It passed 412 to 8 in the House, 91 to 4 in the Senate. The Republican pork barrel - The Boston Globe | 
07-24-2008, 09:17 AM
| | Beavis | | Join Date: Jun 2008 Location: Michigan
Posts: 4,816
Rep Power: 13 | | Quote:
Originally Posted by Wow Democrats are going to saddle our grandchildren with massive debt. 
This stimulus will not have any affect for several years.
Democrats are ruining America with wasteful pet projects. Pelosi eyes $50 billion in new economic stimulus | Politics | Reuters
By JoAnne Allen
WASHINGTON (Reuters) - House of Representatives Speaker Nancy Pelosi said on Thursday she is pushing for about $50 billion in a second election-year economic stimulus package being shaped by Democrats in Congress.
In January and February, the White House and congressional Republicans displayed rare bipartisanship when they worked to enact a $152 billion plan, mostly tax rebates, to stimulate the economy by trying to boost consumer spending.
Leaders in the House and Senate are discussing with key committee chairmen another emergency spending bill that would again aim to spur the economy and help those hurt by the economic slowdown.
"I would hope that we could have about $50 billion," Pelosi, a California Democrat, said in an interview on CNN.
"There are others who want more, but I think in these stimulus packages, you have to look at what helps stimulate the economy without spending more money than you should because you weight the economy down by going deeper into debt," she said.
If a second economic stimulus bill advances and it follows the formula of emergency measures enacted this year, the new stimulus would add to already steep deficits that worry fiscal conservatives.
Pelosi told CNN she believes there are enough votes in the House and Senate to pass a new stimulus package. Democrats are not counting on support from President George W. Bush this time.
Backed by fellow Republicans in Congress, Bush has indicated he wants to wait and see how the first stimulus package works before looking at another one. |
'Pork Barrel' Spending Hit Record High in 2005
And then they broke their own record in 2006 FOXNews.com - 'Pork Barrel' Spending Hit Record High in 2005, Watchdog Says - Politics | Republican Party | Democratic Party | Political Spectrum
what the fuck are you talking about wow? | 
07-24-2008, 09:52 AM
| | Banned | | Join Date: Jul 2008 Location: Texas
Posts: 562
Rep Power: 0 | | Quote:
Originally Posted by sealybobo | I'm talking about the $50 Billion in Democrat pork barrel spending that will bankrupt America.  | 
07-24-2008, 09:57 AM
|  | I used to be cool | | Join Date: May 2007
Posts: 4,287
Rep Power: 106 | | Quote:
Originally Posted by Wow I'm talking about the $50 Billion in Democrat pork barrel spending that will bankrupt America.  | Wait, 50 billion dollars of pork will bankrupt America, but hundreds of billions in bank bailouts won't? How about $150 billion in the bi-partisan "economic stimulus"? How about TRILLIONS spent on foreign intervention?
It will only bankrupt us if it comes from the OTHER side, right?
__________________ "If you analyze it I believe the very heart and soul of conservatism is libertarianism. The basis of conservatism is a desire for less government interference or less centralized authority or more individual freedom and this is a pretty general description also of what libertarianism is."
-Ronald Reagan | 
07-24-2008, 10:29 AM
| | Banned | | Join Date: Jul 2008 Location: Texas
Posts: 562
Rep Power: 0 | | Quote:
Originally Posted by Paulitics Wait, 50 billion dollars of pork will bankrupt America, but hundreds of billions in bank bailouts won't? How about $150 billion in the bi-partisan "economic stimulus"? How about TRILLIONS spent on foreign intervention?
It will only bankrupt us if it comes from the OTHER side, right? | As I recall, Democrats took over Congress and said things like "We need to drain the swamp"......."Americans want change"......"Free healthcare for Americans"....."Tax cuts for the poor and middle-class"......."No more pork barrel spending"......."We will secure our borders" etc.....
Where are these changes?  | 
07-24-2008, 10:33 AM
|  | I used to be cool | | Join Date: May 2007
Posts: 4,287
Rep Power: 106 | | Quote:
Originally Posted by Wow As I recall, Democrats took over Congress and said things like "We need to drain the swamp"......."Americans want change"......"Free healthcare for Americans"....."Tax cuts for the poor and middle-class"......."No more pork barrel spending"......."We will secure our borders" etc.....
Where are these changes?  | They've been filed away under "Gotcha", along with most other campaign promises. What's that got to do with you saying only dem pork barrell spending is going to bankrupt us, though?
Is it fun being that partisan?
__________________ "If you analyze it I believe the very heart and soul of conservatism is libertarianism. The basis of conservatism is a desire for less government interference or less centralized authority or more individual freedom and this is a pretty general description also of what libertarianism is."
-Ronald Reagan | 
07-24-2008, 10:45 AM
|  | Registered User | | Join Date: May 2007 Location: North Carolina
Posts: 11,601
Rep Power: 166 | | Quote:
Originally Posted by Paulitics They've been filed away under "Gotcha", along with most other campaign promises. What's that got to do with you saying only dem pork barrell spending is going to bankrupt us, though?
Is it fun being that partisan? | Let me see if I have your argument right. If a Republican says no to gays and later might be gay, FRY his ass for lying. If A Democrat says no to pork barrel spending and then ignores all the promises, we should just accept that is the way it goes. I got that right?
There is a word for you.
__________________ The fact that an opinion has been widely held is no evidence whatever that it is not utterly absurd. Indeed in view of the silliness of the majority of mankind, a widespread belief is more likely to be foolish than sensible.
-Bertrand Russell
Facts are stubborn things, but statistics are more pliable
-Laurence J. Peters
I never said that you had no right to have an opinion. I just said that it was, in fact, worth nothing.
-Maineman ( on 12 June 2007) | 
07-24-2008, 10:52 AM
| | Beavis | | Join Date: Jun 2008 Location: Michigan
Posts: 4,816
Rep Power: 13 | | Quote:
Originally Posted by Wow I'm talking about the $50 Billion in Democrat pork barrel spending that will bankrupt America.  | Democratic projects fixing up America will put money in American's pockets and they will spend that money in America. Unlike the war on terrorism, where the money is going to Haloburton, which moved to Dubai to avoid paying taxes in America. Did you know that? Didn't think so.
Look up how much we have paid Mook Tada El Sadr for the cease fire. That money isn't coming back to America, unless of course you count sleeper cells.
Just kidding about sleepers. I don't think Sadr is a terrorist. He just wants us to leave.
Or, if we keep killing and raping innocent Iraqi's through Blackwater, we are going to make them mad enough to become terrorists. If we haven't already.
I'll shut up now because I don't want to be put on the terror watch list or no fly list.  | | Thread Tools | | | | Display Modes | Linear Mode |
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