> Obama Regime Report < Obama Regime Report: Shocking News: "Incumbents directing 'stimulus' funds for self-benefit "

Today's world headlines

Monday, June 8, 2009

Shocking News: "Incumbents directing 'stimulus' funds for self-benefit "

Gee whiz, now there's a surprising revelation! As if we ever thought this Porkulus Obamanation voted in without study and against the will of the people was anything more or less than a thrice decade old payback for votes and pet projects of the liberal zoo.

Left wing pork reaching back to FDR's initial Pet Project known as the New Deal which also exploited war and deep American and worldwide economic distress to implement otherwise unattractive and un-doable programs.

This is being touched on this morning in this short One News Now piece I stumbled across.....

Incumbents directing 'stimulus' funds for self-benefit
(OneNewsNow.com): A free-market economist says President Obama's economic "stimulus" package is proving to be more of a shot in the arm for special-interest groups than a boost for the private sector.

Vice President Joe Biden says the government plans to "ramp up" its stimulus spending efforts to revive the country's sluggish economy. Citing a Labor Department report showing that 345,000 jobs were lost in May, Biden says although "we still have a long, long way to go in the road to recovery," the $787 billion stimulus package approved in February is beginning to pull the economy out of recession.

That's swell, as I was under the impression this was already being done on a grand scale which I know personally isn't true as there's nor one single project being done on Illinois roadways which are easily some of if not both the worst and most expensive in the country except one project in Skokie.

One lousy little project in the so called president's own home state. What a scam,

But Richard Ebeling, a senior fellow at the American Institute for Economic Research, says much of the stimulus money will not be used to stimulate jobs, but rather will be lost "down a rat hole of special-interest politics."

Richard Ebeling (Am. Inst. for Economic Research)"All this money -- almost a trillion dollars -- is [being] spread over many departments, bureaus, and agencies of the federal government, each of them obviously evaluating supposedly the 'shovel-ready' and other related government to-be-funded programs," he states.

"And at the end of the day, a lot of the money is going to serve special-interest groups, constituencies that particular congressmen or senators are concerned with satisfying -- because every politician is always running for the next election already," Ebeling concludes.

No shit Sherlock

Last week, Vice President Biden acknowledged that some of the stimulus money is "going to be wasted" and "some people are being scammed already" by the federal program.

Again no shit Scranton Joe, and so your brilliant statement literally begs the question as to "what the frick you're gonna do about all the rampant fraud that's just beginning" since you're the stimulus sheriff that Obama famously appointed by making this dumb assed comment a while back, remember?



Share/Bookmark

The urge to save humanity is always a false front for the urge to rule it. H. L. Mencken

No comments:

Post a Comment

Some rules: No leftwing attacks nor Obama supporters so don't waste you're time & especially mine. All 99% others welcome to have your say.

Google
 
Web chicagoray.com
chicagoray.blogspot.com

One last thing...Fair Use, Photoshop Usage, Legal

Statement on Fair Use

This site may contain copyrighted material the use of which has not always been specifically authorized by the copyright owner or may be authorized or licensed for publication at this site only. Permission to copy, republish or reproduce such material must be obtained from the original copyright owner PHOTOSHOP STUFF.....When the photoshops appear on this site they either have my name on them becuase I made them or tweaked an original in which case I link to the original by clicking the pic. Please take all you want, that's why they're here, just leave the name as is like I do, and I would be eternally grateful. Ask and I'll tweak it for your site if you need it... More here


Back To The Page Top