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The Stimulus Package Unleashed

Started by Gaspar, January 26, 2009, 12:36:53 PM

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Conan71

quote:
Originally posted by nathanm

quote:
Originally posted by jne

QuoteOriginally posted by Conan71

If they keep the cap and terms on the tax credit for purchasing a home as passed yesterday in the Senate at $15K,


Of course, the $15k isn't really $15k if you pay less than $7500 a year in income tax, so for a significant portion of home buyers, it's not as good as a $7500 0% loan.



Not sure if that will turn into a hand-out for those who don't pay a like amount in income tax or not.  The details seem a bit sketchy yet.
"It has been said that politics is the second oldest profession. I have learned that it bears a striking resemblance to the first" -Ronald Reagan

nathanm

quote:
Originally posted by Conan71


Not sure if that will turn into a hand-out for those who don't pay a like amount in income tax or not.  The details seem a bit sketchy yet.


It's just as much a hand out as a nonrefundable tax credit as it would be as a refundable tax credit, it just leaves out the people who probably need the incentive the most. (namely folks who make under $50,000 a year or parents with several kids)

Either way, people are being given money.
"Labor is prior to and independent of capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration" --Abraham Lincoln

guido911

I am unsure if this has been posted yet, but it is interesting:

http://www.stimuluswatch.org/project/by_state
Someone get Hoss a pacifier.

guido911

Someone get Hoss a pacifier.

rwarn17588

"Jackass" is one word, counselor.

guido911

quote:
Originally posted by rwarn17588

"Jackass" is one word, counselor.



You would know.
Someone get Hoss a pacifier.

Gaspar

Well that bill's done.  Boils down to $13 dollars a week for economic stimulus to the middle class, and w whole bunch of government spending on more government.

Good job Legislative Branch!
We expected nothing less!

I hope President Obama has learned never to turn anything over to Pelosi and Reed ever again.


Now we just wait a few months and Max Baccus will get the blame for the bill, with The President and Pelosi claiming no responsibility.
When attacked by a mob of clowns, always go for the juggler.

Gaspar

Well it's now over 1,000 pages and 3.27 Trillion over 10 years.  A burden of $20,000 to every tax payer.  

The bill was sent off to The Congressional Members' Offices the Lobbyists for review before passage.  http://www.usnews.com/blogs/washington-whispers/2009/2/12/congressional-offices-dont-have-the-stimulus-bill-lobbyists-do.html

This is change I can't believe!

Pelosi says "Hurry up and vote, I'm off to Rome to get an award from an Italian legislative group."  WHAT?

Mr. President please get control of this thing.  The kids are driving the bus and they are HIGH!

When attacked by a mob of clowns, always go for the juggler.

Conan71

quote:
Originally posted by Gaspar

Well it's now over 1,000 pages and 3.27 Trillion over 10 years.  A burden of $20,000 to every tax payer.  

The bill was sent off to The Congressional Members' Offices the Lobbyists for review before passage.  http://www.usnews.com/blogs/washington-whispers/2009/2/12/congressional-offices-dont-have-the-stimulus-bill-lobbyists-do.html

This is change I can't believe!

Pelosi says "Hurry up and vote, I'm off to Rome to get an award from an Italian legislative group."  WHAT?

Mr. President please get control of this thing.  The kids are driving the bus and they are HIGH!





Wow, FMTT!!!
"It has been said that politics is the second oldest profession. I have learned that it bears a striking resemblance to the first" -Ronald Reagan

guido911

#99
Nero fiddled while Rome burned and Obama goes on vacation rather than sign off on the urgent stimulus bill whose purpose was to prevent a "catastrophe".

http://www.nypost.com/seven/02152009/news/nationalnews/whats_the_rush__155255.htm

I wonder if Kanye West will come out and accuse Obama of not caring about poor people affected by the recession/depression as he did when he accused Bush of not caring about black people following his slow response during Katrina.
Someone get Hoss a pacifier.

Red Arrow

quote:
Originally posted by guido911

Nero fiddled while Rome burned and Obama goes on vacation rather than sign off on the urgent stimulus bill whose purpose was to prevent a "catastrophe".

http://www.nypost.com/seven/02152009/news/nationalnews/whats_the_rush__155255.htm

I wonder if Kanye West will come out and accuse Obama of not caring about poor people affected by the recession/depression as he did when he accused Bush of not caring about black people following his slow response during Katrina.



Hey, what's a day or two when your party controls the House, Senate, and the Presidency?  PLUS it's the correct party. The one that cares for the little guy, not big business. Besides, Bush and the Republicans created this entire mess without any help from the Dems. How can you expect the Dems to fix all of the mess overnight?  [:D]
 

nathanm

quote:
Originally posted by guido911

Nero fiddled while Rome burned and Obama goes on vacation rather than sign off on the urgent stimulus bill whose purpose was to prevent a "catastrophe".


Weren't you just complaining about him not observing his 5 day waiting period before signing bills to allow for public comment?
"Labor is prior to and independent of capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration" --Abraham Lincoln

guido911

quote:
Originally posted by nathanm

quote:
Originally posted by guido911

Nero fiddled while Rome burned and Obama goes on vacation rather than sign off on the urgent stimulus bill whose purpose was to prevent a "catastrophe".


Weren't you just complaining about him not observing his 5 day waiting period before signing bills to allow for public comment?



Oh I get it, Obama is giving us the five day waiting period for public comment and not vacationing while the nation faces catastrophe. Sorry.
Someone get Hoss a pacifier.

rwarn17588

quote:
Originally posted by guido911

Nero fiddled while Rome burned and Obama goes on vacation rather than sign off on the urgent stimulus bill whose purpose was to prevent a "catastrophe".

http://www.nypost.com/seven/02152009/news/nationalnews/whats_the_rush__155255.htm

I wonder if Kanye West will come out and accuse Obama of not caring about poor people affected by the recession/depression as he did when he accused Bush of not caring about black people following his slow response during Katrina.



Considering that the federal government was closed through Monday, what difference would it make when it was signed?

Gaspar

More of my favorites from the Porkulus.  People are going to be picking this thing apart for comedy value for the next couple of years.

Raul Alverez Disk Golf Course, Austin TX - $886,000
Education for Prostitutes, Dayton OH - $1,500,000
Solar Panels for LA Buildings - $2,160,000,000
Solar Water Heaters for Puerto Rico - $500,000,000
Downtown Quiet Zone, San Diego CA - $20,000,000
Las Vegas Performing Arts Center - $375,000,000 (because there is obviously not enough convention and performance space in Las Vegas).

According to the current tally, Tulsa gets 5,348 new jobs from the bill.  Primarily road work and/or construction.
When attacked by a mob of clowns, always go for the juggler.