Pelosi: Hey, how about another crap sandwich?
Stimulus-palooza: It never ends.
And thanks to the cooperation of a GOP White House and enough congressional Republicans, the orgy is expanding.
Nancy Pelosi is floating a new $150 billion stimulus package with the same old goodies attached — including “public works, increasing food stamps benefits and extending unemployment insurance for the long-term jobless.”
Get ready to swallow again:
House Speaker Nancy Pelosi said Wednesday that a $150 billion economic stimulus plan is needed now because of the faltering economy and she may call the House into session after the election to pass it.
Pelosi told reporters that the stock market meltdown, which has caused an estimated $2 trillion loss from pension funds, was a factor in her recommendation for a second stimulus bill. The first relief plan sent out $600-$1,200 tax rebate checks to most individuals and couples this year.
The House did pass a $61 billion economic aid proposal last month before lawmakers left Capitol Hill ahead of the Nov. 4 election. But a similar plan failed to pass the Senate. President Bush had promised a veto anyway.
If Democratic nominee Barack Obama wins the White House and if Capitol Hill Democrats make gains in the elections as well, it might be easier to pass a stimulus measure over dispirited Republicans, especially if the economy remains in big trouble.
The Senate is expected to be back at work after Election Day to complete a public lands bill and perhaps deal with other matters, such as a measure to extend unemployment benefits. The House also could return to consider a stimulus plan and additional issues in a lame-duck session before the newly elected Congress takes over in January.
A reminder of what I said in January and throughout this nightmare:
What I wrote here on Jan. 18: “As I’ve said repeatedly now, stimulation-palooza will inevitably be larded up with special-interest pork and other spending goodies in the tens of billions of dollars.”
What I wrote here on Jan. 16: “I’m getting a few e-mails from readers who are convinced I shouldn’t be worried about the White House/Republican “economic stimulus” proposals because they’ll only include tax cuts. No, they won’t. They will be larded up with Clintonian goodies and giveaways and bailout measures–home heating bill aid, foreclosure aid to states, etc. etc. etc. They’ll only be arguing about how much to give away, not whether.”
What I wrote here on Jan. 4: “It would be one thing if “economic stimulus” simply meant tax relief. But in Washington–what with the White House looking for a legacy, the subprime crisis exploding, and “bipartisan consensus” in demand–there’s no way in hell any “economic stimulus” package will win approval without being larded up with gobs of needless, unwarranted spending. I don’t care who’s occupying the White House. “Economic stimulus” is a synonym for Big Government.”
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Categories: Nancy Pelosi, Subprime crisis
The Powers That Be
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didn’t that add the 150 billion dollar stimulus package to the 700 billion dollar bailout?
And Cook County’s (ring a bell) Sheriff has ordered deputies to stop foreclosure evictions. That’s right, the County is taking the side of occupants against rightful owners. Property rights are dead in the US.
Not to mention the 57 billion dollar bill that failed before the bailout that was for “public works, increasing food stamps benefits and extending unemployment insurance for the long-term jobless.”
That would make it over 1 TRILLION dollars so far. SO FAR. More to come. Thats more than the entire Iraqi war debt in less that 2 months!!!
ALL of it borrowed. Anybody who says we will not need to rasie taxes to cover this just is flat out wrong.
Oh here, just take my F’ing wallet now.
Haven’t they been extending this unemployment thing for years now? What’s the extension now? 5 years? Yeah, that’ll make anyone want to go back to work.
Sheesh!
Someone burn down my house so I can get the insurance and bail before the check arrives for this.
Maybe McCain didn’t make a gaffe when he said “My fellow prisoners” today. Maybe he was referring to the prison of debt we’re all going to be stuck in for decades to come.
The fun part of playing the board game Monopoly is getting the free bank handout before the game begins.
Obamas new simplified tax code:
Just send it all.
Is it too late to bail out PanAm? Buggy-whip manufacturers? Hula hoops?
Are you freaking kidding me? More. Gimme, gimme, gimme, gimme. The freebers get all the goodies and the hard-working get jack.
What the hell? Where are we gonna get the money from? China? The Saudis? This woman is outta her mind.
We are now a mindless, gimme, gimme, socialist, do nothing, stand for nothing society. Both political parties pushed this attitude and in the end, the future of the country is left in the hands of the thoughtless, the irresponsible and the financially unwise.
Why doesn’t Nancy just have the likes of the UK annex us and be done with it? Nobody’s interested in real solutions about the economy, just handouts.
Both political parties should be ashamed of themselves but in their endless quest for power and financial tribute, they will not learn or do better. It’s hard to be ashamed when you feel no shame like good ole SanFranNan, huh?
Bush wrote it, Reid added pork, Pelosi passed it. Yay for the Indebted States of America.
WILL CONGRESS PLEASE STOP TRYING TO HELP !!!!
ONE TRILLION F#$%ING DOLLARS. Brought to you by the combined bipartisan idiot club of washington DC.
FIRE. THEM. ALL.
Can we get a scientist to clone Ronald Reagan so we can have some common sence in D.C.?
Excessive taxation without adequate representation!!
John Ansell: I am begining to think a nuke in washington DC would be a benefit for the country.
Damn. There’s just no incentive anymore to be responsible, to live within your own means, and to pay your bills on time. Why are we working for a living? If the government is giving away everything to everyone it just makes no sense to isolate myself in this dreary sensory deprivation chamber ERRRRR cubicle. Welfare as a career move — whodathunkit?
*out*
The really scary thing about all these proposals is that none of them do much if anything about the underlying problem that got us into this mess: government pressure on banks to lend hundreds of thousands of dollars to people who can’t afford to pay it back. Unless we solve that problem pronto, we’re headed for another similar crisis in 5 years or so.
If anything, Crapwich 2.0, 3.0, 4.0, etc. seem to funnel substantial funds back to ACORN-like activists to use to turn around and pressure banks again to make the very risky (if not suicidal) loans that created the problem to begin with. That’s like trying to put out a fire with something really combustible.
I’m heading to Pakistan. I figure if I’m able to kill Bin Laden and collect on the reward I might be able to afford the taxes that are coming.
Oh joy!
Aren’t we lucky to have such deep pockets? This is like a person suffering from depression, that tries to make themselves feel good by buying things. The only problem is that it’s our money!
How about we get a law passed that attaches any and all spending, not connected with national defense, to the personal wealth of the politicians? If they think it’s worth spending money on, then let them put THEIR money where their mouthes are!
Because we got to pay for the illegal invaders.
Not voting for one single incumbant. Not one. None. If Bush was running I would vote his ass out as well.
What does it take to justify overthrowing a tyrannical government in the USA these days? :/
This nonsense will cost me a lot more than I’ll get in return. If this old sailor knows somebody has to PAY for this pie-in-the sky, then surely somebody in Washington must also know. On the other hand, perhaps it is true that all reasonable thought exists only outside the beltway.
And the Democrats are horrified to spend $10 billion a month in Iraq.
Based on their current spending conduct, Iraq War funds can come from petty cash.
More money for everyone! Its free right? I hope the ‘endless bailout money from the government’ bubble doesn’t burst. I’m sure it won’t! Let the good times roll!
Lets see, in the last 2 months in billions:
25 for GM
700 for banks
150 for whoever
future
150 stimulus fromcongress
700 if obama wins
300 billion if mccain wins.
thats 1925 BILLION if Obama wins and
1525 BILLION if McCain wins, based on these promises ALONE.
Again, will someone burn down my house so I can bail with the insurance money before this bill comes due???
I don’t recall getting a so-called “stimulus” check..
Just because I pay mid 5 figures in taxes.. does that mean I don’t get stimulated?
John Ansell -
With your luck, if you’re successful, they’ll probably charge you a value added tax on the reward, assess a trophy fee, and fine you for poluting the pristine wilderness where you let the UBL carcass rot.
You will also be billed for carbon offsets, and assigned world community service as punishment. Oh yeah, and let’s not forget that you will be labeled a “murderer.” Now if UBL was just a clump of cells…
These billions are finally starting to add up to REAL money.
Well Mr. Jones, good job working 75 hours this week. Here is your $20 to do whatever you want with.
You guys, this is seriously getting freaky.
On October 8th, 2008 at 4:13 pm, Jeddite said:
Unfortunately a good deal more media power and firepower than we have right now.
Maybe in a few more months when Obama starts destroying the military and moving to imprison Michelle, Limbaugh, Hannity and all the rest, some four-star general will get off his duff and give the entire country a “reset.”
Just hope he’ll reset the country back to where it was before 1900, politically – as opposed to turning us a latin-american style dictatorship.
They are setting the stage for the future arguments that we can’t continue funding the Iraq War and we need to raise taxes to pay for all these “stimulus packages”.
Oh, but to answer you directly – justification – we hit that last month.
Sonofdy #24: I’m with you. NO. INCUMBENTS! We are going to have to pound our “so called representatives” with thousands of email and phone calls to stop this madness.
WOW, where does the government get all that free money?
That is exactly what we have. When these idiots stand in front of a camera and say that their constituants are 50 – 100 to 1 against a bill and then vote for it.
It is time for them to go and we must remember each and every one of them as they come up for re-election.
Maybe there’s some kind of swamp gas coming up from the Potomac that destroys the brain cells responsible for rational thinking. I second the NO INCUMBENTS, and raise you a Move the Capital back to Philadelphia!
Bush still has the veto pen until Jan 19th, right?
Emails and phone calls? What did that do?
They now believe they are gods, and nothing will stop them outside of a civil war.
Bring it on….
A Trillion.
A Thousand Billion, or a Million Million.
A Trillion seconds ago Neanderthals and wooly mammoths still roamed around, and there were no people in America yet.
If you counted “one-potato, two-potato, three-potato…” all the way to a trillion, it would take 31,710 years.
that’s a big number.
Remember, if you get rid of them they still get their “retirement” packages. Then you get in a new crop of thieves that are gifted the same sweetheart set of benefits. Ain’t guvment work nice? Good “work” (wink wink) if you can get it.
If the democrats take the majority of congress plus the white house, i’m quitting my job…i need a bailout too!!
Other periods in history saw the United States flirting with socialism. It now seems we are married to it. And I didn’t even get an invite to the shotgun wedding…
When I listen to these lunatics in D.C. this scene from “Apocalypse Now” comes to mind. They are there!!
Colonel Kurtz: What did they tell you?
Captain Willard: They told me that you had gone totally insane, and that your methods were unsound.
Colonel Kurtz: Are my methods unsound?
Captain Willard: I don’t see any method at all, sir.
What IS it with Pelosi and Food Stamps? She wants to increase FS to “stimulate” the economy? Right, Nancy! That extra bag of Doritos will REALLY help the bottom line.
Does this woman actually have a functioning brain?
I’ve had enough of the “crap”. Let’s talk about Obama being a member of the New Party. What is the New Party?
The New Party was a radical left organization, established in 1992, to amalgamate far left groups and push the United States into socialism by forcing the Democratic Party to the left. It was an attempt to regroup the forces on the left in a new strategy to take power, burrowing from within. The party only lasted until 1998, when its strategy of “fusion” failed to withstand a Supreme Court ruling, but after, but the membership, including Barack Obama, continued to move the Democrats leftward with spectacular success.
More at ace.mu.nu
Michelle, can we beat up on McCain once he is elected? I think we should have more threads about THAT ONE … 27 days to go, people.
Who did Dr. Evil take hostage to make them throw figures around like that?
I’m getting used to this new socialist era where we don’t have to work or be financially responsible, but can we change the menu. The taste of crap is getting old.
If they pass a bill with 80% against it.
What would stop them from banning guns with Obama as president? What about taking 50% of our checks, hell were already up to about 30%. They’ll take so much we’ll have to beg the government for help.
These people have no clue where money comes from. They think it grows on trees or that all they have to do is crank up the printing presses. How do such economically challenged idiots get into office? Maybe if they had to have a REAL job to make their money………
Bush is too chickensh*t to use it, and probably doesn’t want to anyway. The man has gone completely native. He gave us the finger with shamnesty, and has told us to go to hell with the bailout. He’s on a role.
He needs to go back to Crawford and ride a horse and get the hell out of my wallet!! I won’t be sorry to see the back of him come January..
From each according to their ability, to each according to thier needs. Shut up and get back in line comrade…
On October 8th, 2008 at 4:35 pm, Paul Revere said:
Bush still has the veto pen until Jan 19th, right?
That’s exactly the whole premise of the Demoncrat party! Make the masses dependent on the Government so they can be controlled! All the initiatives of the New Deal and Great Society created the entitlement mentality. The Nanny State will take care of you.
oops… sorry
Vote Republican in November, even if it means keeping your bum in office for another two years or another six years. After November, then work toward more conservatism and less socialism. We have to get as many Republicans in office as possible, and we have to keep as many in office, too.
Man, I thought I’d never wish this person well but here goes:
Good Luck Cindy Sheehan.
(ouch, that really hurt)
At this point the terrorists will never attack us again. They will just point a finger at us a laugh.
How humiliating.
I think the puppeteers behind Obama have plans to do exactly that…
It would destroy a multitude of primary sources that document the FACT that the United States of America was created as a Christian Nation.
Where would the new capitol be?
In the city which is already the home of the Communist Party USA…
the same city to which Obama has already relocated the DNC…
Chicago.
Actually, it might just increase the bottom.
One thing that’s never been discussed in these posts is the emergence of an entire Underground Economy once socialism sinks its talons completely into the visible economy.
Here in Flyover Country, such an economy could easily develop and conduct commerece unobserved. Barter and the black market would become common place. A handshake still works here. That’s the basis for any free economy.
I saw a T-shirt the other day that said “Will Party for Food.” Now there’s a guy whose found his niche!
DOW DOWN 189 Worth every penny of the 850 BILLION (and growing).
It’s official folks. We have lost the free market economy. Uncle Sugar is now handing out $ like it was candy. Unbelievable!!! To all those IDIOT republicans, “told ya so”. You played right into the hands of the dems. Will you never learn you can’t out liberal the liberals? The 2 party system must be busted or the country is doomed to go the way of every other “great society” of history.
Just when I think it can’t get any worse, it does! I feel like I’ve been taking crazy pills. Every one of these “representatives” of the people that voted for this should be fired and have their arses handed to them in their next election…
Once we’ve lost the right to be irresponsible and fail, we’ve lost everything.
“When there is no penalty for failure, failure’s proliferate.”
There is no where left on the planet where anyone is safe from the thieves of gubmint. When did we start believing that going down the path of socialism was a noble, desirable thing? We may not recover from this killer hiccup for a very long time. Term limits may be the only thing that saves us….what we’re doing now certainly won’t.
Great point. I was just thinking; “whatever happened to the good ol’ days when the brokers would leap off ledges when they failed?”
Hey Michelle, can you do all your readers a favor and look in that crystal ball of yours and give us the winning lotto numbers? You hit it right on the head with this mess, I’m sure you’d have the correct lotto numbers!
Just another extra 100 hrs. of work this year for?…….
I’m running out of hrs.
Thanks Nan.
i just can’t take much more. i sure wish someone would rise up and put a stop to this madness. i really believe that we are almost past the point of turning this thing around and heading to absolute socialistic totalitarianism. i presume, that congress will wait until they have a Demoncrap at the helm first before instituting this ‘change’ to our Constitution…..ugh!
Hey John, the reward isn’t in dollars…it’s in goats…you know, 1 trillon goats if you turn in Bin Laden
J/K
We won’t even get the chance to say “I told you so”, when our country has been destroyed. The liberals will say that Bush had us too deep to dig out or that we did not go far enough with Socialism.
I once had a Communist (protesting the planned deportation of violent illegals)tell me that the Soviet Union only failed because they had to fight the Nazis by themselves. Eventually he argued that communism cannot work unless the whole world goes communist.
They can’t even afford to at least give me Alpacas?
Here’s what will fix the problem.
Maybe what they really want, is to take our paychecks, every payday, pay for the lifestyle they think we should have, then send back any unused money, if any, to us. That way all bases are covered, including the dream of all socialists (with them excluded, of course).
Oh yeah, let’s get right on Crapwich 3.0 because Crapwich 2.0 has been such a huge success. If anything, I’d be looking for ways to cut back on 2.0 at this point, not flushing more money down the toilet. But hey, what’s $150 billion. That’s not, like, “real” money. Ya know?
NO, Nancy!
HELL NO!
Enough. Adding extraneous crap to bills has got. to. stop!
This is OT but I was deployed,Ike knocked out the power for 2 weeks and I am not seeing any post from lgm.Has he been banned or is the subject matter from the last 2 weeks been too much for him?An inquiring mind needs to know.
This constant stupidity displayed by our political overlords makes me want unleash Brigadier General Jack T. Ripper and his SAC B-52 Wing and have them execute Wing attack plan R ala Doctor Strangelove with DC as the primary target.
I am glad I completed arming up last week at Mrs. Boomer’s urging. My investment portfolio has me diversifying heavily in canned goods and ammunition to feed the family once these jackasses run the economy into the ground. I will have no hesitation in joining the coming taxpayer rebellion as we march on Washington DC to decorate some of the trees on the Capital Mall with these modern day tyrants.
Welcome to the United Socialist States of America. We’re boned!
UNFREAKINBELIEVABLE!!!!!
So AP and the surrendercrats are saying vote for Oblahblah and any ‘Crat running locally and we’ll give you more goodies.
I guess they can be as blatant as they want in buying votes with our tax dollars since it worked with ACORN, and the buffoons in the Republican party continue to stay curled in their fetal position.
Why the hell pay taxes anymore?
The way those jackasses have been spending over the past several years, a couple of bake sales should cover it.
The ink ran out from signing all the other give-away bills.
The last Stimulus-palooza I got $246.00. Boy that really helped me out. At that time I only worked 7 months out of 2 years( lay offs and no work). So I wasn’t making the big union bucks. So ow come a person I know that makes a very good wage got the full amount?
We now have our marching orders.
Vote the Buggers out !!!!!!!!!
I think calling it Stimulus-palooza is wrong….. we need to start calling it Simulus-Pelosi packages!
Umm, what you are questinong is why someone who worked FT and paid taxes got back more than someone who worked only 30% of the time and paid much less (if any) taxes? Your complaint has a name. It’s called welfare. I am truly sorry you are unable to find steady work but what you are compalining about is something most all conservatives oppose vehemently. The least productive get the most from the gov’t (aka wealth redistribution).
Congress has become the new Robin Hood, stealing from the productive and giving to the lazy and irresponsible. Nice to see this race to the bottom to get votes from the ignorant and easily-manipulated, the entitlement class.
Laura Ingraham once said that the reason why the politicians want amnesty and more illegal aliens is that they want to replace this electorate with one they like better. This is part of that scheme, folks. With growing hordes of people dependent one way or another on the public teat, they’ll sit by while the politicans do what they want so long as the folks get their bennies.
I hate to admit it, but McCain is right on at least one thing. Earmarks. What I am afraid of is his stubbornness won’t let him move on to what will defeat Obama.
His major talking points from this moment on has to be that Obama, ACORN and sympathetic Democrat supporters have done more to bring about our current financial mess than anything else. He needs to name names and provide the specific and substantive solutions.
He needs to understand that Obama and most Democrats are not interested in bi-partisanship. They only want to crush Republicans in general and conservatives in particular. McCain needs to understand that his opposition in this election is not unlike the enemy that held him captive all those years ago.
Economic Stimulus Package eh? Sure have been seeing lots of those recently. I have a better solution. I call it the Permanent Recurring Proportional Economic Stimulus System. Basically, everyone gets a certain amount of instant cash back, proportional to what they are paying, every time they send money to the government. It’s like a stimulus bill, but less fuss because it kicks in automatically every spring without any legislative effort.
*Some people have said this idea sounds like something called a “Tack’s Kutt”. I have never experienced such a thing, but it doesn’t sound like something congress would buy into. P.R.P.E.S.S. seems more their speed.