So many have accused Fox News of being anti-Obama, but you would not know it if you have had it on for even five minutes in the last 24 hours. I realize that this is an historic event, but 24/7 coverage until Tuesday? I hate to spoil the grand event, but come Wednesday we are in store for $1 trillion more dollars being added to the already huge debt that we the tax payers are going to have to carry on our back for so many years to come. Here is an overview...
The $1 trillion economic stimulus package includes an onslaught of federal grants, outlays and loans. The enormous federal spending plan includes money for federal construction and research projects, homeland security and alternative energy but also casts a larger and wider safety net with new money for
social welfare, education and public health programs and services.
The list includes new and extra federal money for:
• $79 billion for states to fund schools and other education programs.
Who decides where the money should be spent? Will the children be better off with more money or should we just hold teachers accountable?
• $18.5 billion for renewable energy and energy efficiency research, programs and improvements to buildings.
Would this be better off left to the private sector?
• $6 billion in federal money for mass transit systems improvements and expansions.
More info please. There is no mass transit where I live so shouldn't this be taken from tax payers in the cities that this mass transit is in?
• $5 billion for public housing construction and improvements.
The new Cabrini Green Projects?
• $16 billion in extra college financial aid for needy and other students as well as higher student loan limits.
Anyone in the middle class will not see a dime of this money. To get these types of grants you have to have 3 illegitimate children from 3 different men.
• $13 billion in new K-12 education spending for disadvantaged students.
• $1 billion to renovate and build new public health centers.
More info please.• $3 billion in construction grants for airports.
Capt. Chesley B. "Sully" Sullenberger III should get a cut otherwise let the airlines pay for the improvements.
• $4 billion for governments and housing agencies to deal with foreclosed and abandoned homes.
Shouldn't that money come from the first bailout?
• $1.2 billion for state and local summer jobs programs for youth.
Summer job programs? McDonald's is always looking for help. Maybe these kids are already holding out for a management position.
• $1 billion extra for Head Start, preschools.
Where will the oversight come from?
• $8.4 billion for various water grants related to drinking water.
Evian spells naive backwards.
• $4.5 billion for defense construction projects.
More info please.
• $1.5 billion for worker retraining programs.
This program will only benefit corporations. You retain employees by treating them with respect and giving them a decent wage. That piece of wisdom is free.
• $1.5 billion in extra federal money for services and shelters for the homeless.
I will say it is about time someone mentions the homeless. Gay marriage is an issue when people are living on the streets?
• $3.8 billion to build new military and veterans hospitals.
My father & father-in-law are vets and I have been to some of these hospitals and can say they need upgrades. These are the guys that keep us safe and make it possible for me to bitch on my blog.
• $300 million in grants for railroad improvements.
Union Pacific, one of the nations largest railroad companies, posted a 38% earnings growth by the end of October last year. Let them spend the money to improve the railroads.As Americans we need to stand up and say enough is enough. Put me in charge of the nations budget and spending and I guarantee I will find plenty of pork that can be cut out.