The true Generational Theft Act price tag: $3.27 trillion
If you haven’t already punched something today, you will now. Holy $%^&#@!!!:
Rep. Paul Ryan (R-WI) asked the Congressional Budget Office to estimate the impact of permanently extending the 20 most popular provisions of the stimulus bill. What did the CBO find? As you can see from the table below, the true 10 year cost of the stimulus bill $2.527 trillion in in spending with another $744 billion cost in debt servicing. Total bill for the Generational Theft Act: $3.27 Trillion.
The Heritage Foundation has all the blood-curdling details.
And this shameless administration and its lackeys in Congress claim to care about our children and grandchildren.
***
Related: A PJTV citizens’ hearing on the stimulus and its effect on entitlement costs.
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Categories: fiscal stimulus
After a full Naval career, I thought I had mastered the art of foul, obscene and abusive language. However, at a time like this, words simply fail me!
What grandchildren? I thought san fran nan was getting rid of those.
O-M-F-G!
Pardon my language but dude!
Used to be Tax and Spend. Now its just Spend and Spend, and spend, and spend. And if that fails, spend some more.
Elections have consequences.
One way or another, the liberals are going to convince everyone that it is no longer a good idea to have children.
My collie says:
Maybe you should have come up with a better plan than just “Suck It Up” bumper stickers.
So lets see:
1/Guns
2/Ammo
3/Food
4/Gold
5/House
6/Land
7/Nice spot in the mountians
8/Passport (just in case)
9/Forgien bank account
yip, getting ready….
Will they make up that $3,270,000,000,000 by taxing my unemployment insurance benefits?
Do nothing and the economy will start recovering in a few months. Not kidding, it is already bottoming out. See the figures released today. Do this and you will see the economy tank AGAIN.
MISSCHERYL, you hit the nail on the head…When the election was over I thought 4 years, HELL, can do that standing on my head… Worse case, we have MID-TERMS in 2010… Sweep them out… Now I wonder if we can make it to 2010… Is that DESPERATION???
from the Washington Times:
http://www.washingtontimes.com/news/2009/feb/12/earmark-less-bill-gives-pelosis-mouse-cookie/
No they are mostly just going to print the money.
…and I continue to pay my 2 mortgages and car payment because???
HEY, OBAMA!!! Can you pay my bills – PLEASE? I swear I will start acting irresponsibly.
You know, the best plan is to reward those of us who pay our bills. Pay off our mortgages and give us the money we save to invest in America. Free up my 2 mortgages and I will buy another house and put good renters in it which will free up more capital for me to buy another house…
Why do this the opposite way and reward people who live off of the gooberment boob (BHo) who will produce nada?
Will someone please explain to the liberals that this much money is going to kill an awful lot of trees?!?! And that without these trees to sequester carbon dioxide we’re all going to die from global warming.
oh dear God, what are we doing to our children?
On February 12th, 2009 at 11:48 am, Misscheryl said:
STOLEN Elections have WORSE consequences.
The amount of fraud in this election was astounding, and now ACORN is getting rewarded.
How do we get a “no confidence” petition going?
We are all slaves now.
Economists say __________ (Fill in the blank) The most unsettling part of this whole mess is no one has a clue.
God help us, PLEASE!!!
Dont worry about a 10 year projection.
The funding for these programs will end way before that when the government simply does not have any money for them.
Once they have coerced or forced most of the people into a 3rd world life-style, there will simply not be enough revenues to support them.
I dont see any way that private manufacturing will remain in this country once the major tax increases needed to support this spending are applied. And as the world already knows, public manufacturing is not a viable economic model.
Here’s the good news:
It’s time to do Due Dilligence on his ORIGINAL BIRTH CERTIFICATE.
You know, THAT is a great question.
I think it’s time again to refer to Dan Acrkroyd as Jimmy Carter; and to ask, why does no one pounce on this reprehensible, evil porkulus in a similar manner:
http://snltranscripts.jt.org/78/78dcarter.phtml
A few yuks cannot hurt, folks….
Actually currency paper is a special blend of 75% cotton and 25% linen.
Maybe I can get a job picking cotton for The One’s printing presses.
Red Pill:
We would need for a court to actually look into his eligibility, it is not going to happen.
God Help U.S.
And funding for FutureGen and carbon capture are in the bill. But suddenly you are against clean coal.
Silly rabbit. No taxes are necessary, that’s what they make printing presses for. What are you thinking? Everyone knows that real wealth is created in the Treasury basement.
We need a revolution, peaceful of course. We must make noise through messages to our representatives, letters to the editors and message boards and voting.
If anyone knows or can suggest re: a no confidence petition – I’m there to help get it going. Make it available everywhere across this nation!!! No confidence in our president; no confidence in our Congress!! We got your ACORN!!! Our voice must be heard!
$3.27 trillion!?!?!?
Poppycock!!!
As with any estimate for the cost of a government funded entity, bill or project, I find that squaring the initial estimate and then multiplying the result by pi (3.14) will give you a very good idea of the actual cost.
My estimate would put the final cost at somewhere north of $33 trillion. If anyone is still around in ten years, I will collect on any wagers placed at that time…
AS if we aren’t mad enough from the crap sandwich (from Fox):
He’s just a regular party animal!
sonofdy: So lets see 1/Guns, 2/Ammo, 3/Food…if I bring the same, can we meet up somewhere – middle/north?
I’ll watch the back of you and yours if you watch me and mine.
BINGO! Didn’t she say something about reducing costs by contraception (and, it’s preferred relative, abortion)?
At this rate, we’ll each have to have 10 children to help pay off the debt. And that’s assuming they start work when they’re 15 and don’t retire until they’re 80.
The rockies are actualy the best option. Bring plastic to build greenhouses. I actualy know a few places that you would never guess would be liveable because of the areas arround them.
Any bets as to when the Left will apologize to this woman?
http://www.youtube.com/watch?v=TW_wQgWviZ8
right…plastic…check.
Storm Chaser, “peaceful” hasn’t worked and won’t work. It’s too late.
God save the U.S.A.
Brokeback Mountain?
2006 – “Who cares how much I spend? As long as I got my home equity, it’s no problem.”
2009 – “Who cares how much we spend? As long as we can print and borrow enough to pay for it, it’s not a problem.”
Oh and pvc pipes, lost of them. 1 inch. You can actualy use that stuff to build alot of things. You can build a 10 ft by 6 foot green house, a shelter, and many other thins with pvc piping.
A ton of pvc supplies will build alot more than a ton of wood and nails.
A trillion here and a trillion there, pretty soon you’re talking about real money.
Let’s see. $3.27 tillion would be a stack of $1000 bills 206 MILES HIGH.
No, we wouldn’t be coming to your house to watch your favorite videos/porn.
This should seriously be considered.
I’m ready!!!
PS – I’d imagine all of our signatures would fill at least 1,434 pages!
Sorry if you are offended. Ya’ll have fun in the mountains with your 1″ pipe. Not that there’s anything wrong with that.
I thought the equasion was
E (actual cost) = M (estimated cost) times the speed of light squared.
Hey southcoast – why don’t you take your nasty self some place else. I’m sure there is a lefist blog that would appreciate your humor.
swede: You might be right on this one!
It just has to be karma or irony that the Nat’l Republican Senate Committee just called me asking for a donation as my blood pressure was just peaking after reading about Porkulus.
Poor girl at the other end put up with most of my questions with repeated appeals for less and less of a contribution, but was stopped cold when I pointed out that it costs NOTHING for Michael Steele to come out publically and declare that Specter, Collins and Snowe are now persona non grata in the Republican party. She thanked me and hung up.
Wonder if the message will ever get through?
PVC pipe…check. I love the smell of PVC cement in the morning.
southcoast…you need to focus buddy.
I believe Obama sees himself as a Civil War President
southcoast needs to take the 1″ pvc pipe out of his…. well he needs to relax a little. Nobody here is really heading to the hills right now.
Was your memory was erased on January 20th? The national debt soard recklessly on GWB’s watch. Here’s an intellectually honest conservative acknowledging how irresponsible this was. And look at that! He’s also offering an alternate solution, rather than just cursing, whining, and name-calling. Imagine that.
huggybear: so your heros solution to fix the reckless spending of the last 2 years (DNC conroled house and senate BTW) is to massively INCREASE that reckless spending in whole new ways?????
Hardly anyone here agrees that reackless spending of the last few years was a good thing. And we are saying STOP and have been for a long time before 1/20/09. Where have you been?
Yeah, he has shown a lot of concern for the people devastated by ice storms and tornado’s. Maybe he’s not aware nature has been kickin’ butt here lately…too busy finding living quarters for the homeless.
BHO: empty headed, empty suit.
That does not look good.
By the way Huggybear – the democrat congress are the ones who voted to increase the national debt to over 1 trillon. A first in the history of this country. No one disputes Bush allowed the deficit to increase as well. Come back to us in about 6 months! This stimulus package belongs to the dems in congress and YOUR president!!!! They OWN IT!
Misscheryl – Lets just follow the example our Dear Leader who said “we welcome robust debate”. He welcomes it, he just does’t listen.
Unless the RNC forks over the money to splash on Nationwide TV and Cable, the most egregious parts of the bill and the total projected cost, with the quotes from Reid, Pelosi and Schumer… it will pass. Michael Steele should have had this AD done weeks ago, and change it as changes occur.
The only way to thwart the MSM is with lots of $$ for TV/Cable ads. Otherwise, we’re all just voices in the wind. They no longer care about clogged e-mail and message banks.
I already consider Michael Steele a loser as he should have been on this the first day on the job.
His commentaries give no specifics and simply sound like Dem vs Rep. He should have simply laid out facts and again, quoted the worst of the elitist crap and lies spewed by Reid/Pelosi/Schumer.
And THEN pointed out that both Republicans and another Dem both have much better plans than this one that Pelosi and Reid won’t allow to be heard.
huggybear – You must be new here. Michelle Malkin has posted long and vigorously about the Big Spending of George Bush and the Republicans. In case it has escaped your incredibly biased vision. We have been clogging phone lines and e-mail boxes for a long time trying to change this.
One thing I almost never see is any Dem complaining about it when THEIR guy is in charge. Note your hypocrisy. At least we are consistent and complain about, and try to change it no matter who is in charge!!
That seems like a whole lot more than we can afford. Why isn’t our PRAVDA media talking about this?
60 second spots. Begin with Schumer’s oily dismissal of the chattering classes. Then on to Pelosi’s ‘no earmarks. Then a list visually and verbally of the most egregious earmarks and their costs. Then Reid’s explanation for why they aren’t calling them earmarks. Then a comment pulling that together in a pithy statement. Then say the projected amount you, your children and their children will have to pay. And end with the fact there is a better solution that is all job-creation and no pork or earmarks, but Reid and Pelosi won’t allow it. Then end with the phone number to the Capitol, Schumer’s, Reid and pelosi’s offices.
Correct!!
Well is only 3.27, what are you complaining about.
/sarc
The time to organize was months ago! Conservatives should be doing what moveon.org is doing only with our message. We need a conservative version of George Soros and we all need to donate ourselves to take our country back peacefully. Otherwise at this point, the only way with be with weapons, and only then if we do it before hussein has time to organize HIS National Security.
And also there should be plenty of conservatives willing to serve in that so if push comes to shove you can help from within!
Melting phone lines and stamping money is an absurd way of protesting at this stage of the game.
WHAT are we waiting for????
Michelle – People like you and Ann Coulter have wide enough audiences to recruit for something like a conservative moveon.org. We need to flood the airwaves, TV and Cable. Expose these crooks and propose better plans.
PROTEST UPDATE
In Seattle, on Monday, February 16th, at noon, there will be an anti-porkulus protest.
Steve Beren, the man who tried to take on radical lefty Jim McDermott will be one of our speakers.
It is being held at Westlake Park in downtown Seattle. 401 Pine St.
If you are in the area, please come by and be heard!!! Blogs are not enough.
For continuous updates, please check:
http://www.redistributingknowledge.blogspot.com
Thanks,
L-belle
Libertybelle – that is tooo coool.. and we need more of it! All of us need to be doing this!
Remember Michelle, this stated with Bush and Obama may finish it. Remember, it may take 2 administrations to bankrupt America, feudalize America, and put maybe more than half the country under poverty. But again if it’s the LORD”s will.