How’s That Trillion Dollars In “Stimulus” Working Out?

What does a trillion dollars in wasteful deficit spending on Democrat pet pork projects buy, besides record deficits and the most unsecured national debt in American history? Well, lets see, 2.7 million jobs lost since the “stimulus” just had to be passed immediately, without anyone even having read it, and the highest unemployment rate in 26 years, with no net job growth in sight. Hip, hip, hooray, you go Obama and the Democrats (hopefully starting in 2010)!

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Job losses accelerate to 263,000 in September

The nation’s job losses accelerated in September, driving the unemployment rate to a 26-year high of 9.8% and casting a cloud over the incipient recovery, economic data showed Friday.

Nonfarm payrolls fell by a greater-than-expected 263,000 in September, the Labor Department reported. It marked the 21st consecutive month of job losses.

Since the recession began in December 2007, 7.2 million jobs have been lost and the unemployment rate has doubled.

While disappointing, the September numbers were not catastrophic, economists said.

“We are more inclined to view September as a temporary setback than as a signal that the decelerating trend in job losses has stalled out,” wrote Stephen Stanley, chief economist for RBS Securities. “It is far too early to be pulling the alarm on this nascent recovery.”

But another economist sounded the warning.

The “weak employment report lessens hope for a sustainable recovery,” wrote Harm Bandholz of UniCredit Research. “Once the impact of the inventory cycle and the fiscal stimulus has run its course, gross domestic product growth will slow down substantially again.”

The employment figures also carried a political dimension, as Republicans said the continued job losses proved the stimulus had failed, while Democrats said they proved that government support is essential.

“Today’s job report is a sobering reminder that progress comes in fits and starts — and that we’re going to need to grind out this recovery step by step,” said President Barack Obama. “I’m working closely with my economic advisors to explore any and all additional options and measures that we might take to promote job creation.”

“We are headed for what appears to be, at best, a jobless recovery,” said Rep. John Boehner, the Ohio Republican who leads the GOP in the House. “That is not what the American people were promised.”

Details of the report were almost universally dismal, with the number of unemployed people rising by 214,000 to 15.1 million.

And of those, 5.4 million have been out of work longer than six months, accounting for a record 35.6% of the jobless.

Stimulus Spending Doesn’t Work

The global recession and financial crisis have refocused attention on government stimulus packages. These packages typically emphasize spending, predicated on the view that the expenditure “multipliers” are greater than one—so that gross domestic product expands by more than government spending itself. Stimulus packages typically also feature tax reductions, designed partly to boost consumer demand (by raising disposable income) and partly to stimulate work effort, production and investment (by lowering rates).

The existing empirical evidence on the response of real gross domestic product to added government spending and tax changes is thin. In ongoing research, we use long-term U.S. macroeconomic data to contribute to the evidence. The results mostly favor tax rate reductions over increases in government spending as a means to increase GDP.

. . .

The bottom line is this: The available empirical evidence does not support the idea that spending multipliers typically exceed one, and thus spending stimulus programs will likely raise GDP by less than the increase in government spending. Defense-spending multipliers exceeding one likely apply only at very high unemployment rates, and nondefense multipliers are probably smaller. However, there is empirical support for the proposition that tax rate reductions will increase real GDP.

Gee, who would have ever figured that tax cuts were more effective at stimulating the economy and creating jobs than massive government deficit spending on Democrat pet pork projects that do nothing to create sustainable jobs. Just a thought, maybe the Democrats should have passed more tax cuts instead of wasting most of a trillion dollars in taxpayer money on incredibly stupid crap like frozen sliced ham, turtle tunnels, and outhouses in national parks.

See also:
US unemployment at 26-year high
Jobless rate reaches 9.8 percent in September
263,000 Jobs Lost, Worse Than Views; Jobless Rate 9.8%
Unemployment rate rises to 9.8% as employers cut more jobs than expected
UPDATE: Fed’s Rosengren Sees High Unemployment Next 2 Years
2.7 Million Jobs Lost Since “Stimulus” Bill Enacted
Stimulus can’t ease job pain for U.S. states and cities
Biden on Unemployment: “Less Bad” Isn’t Good
Republicans Seize on Jobs as Proof Obama’s Policies Have Failed
Job Numbers Released, GOP Pounces
As Biden lays out stimulus goals, GOP demands specifics on new jobs
Romney: Stimulus Not Working, Time to Fix It
Stimulus: New Research on Government Stimulus Spending and Tax Cuts
How Bad Does The “Stimulus” Suck?
Where’s The Stimulus And Why Do We Need Any More Of It Anyway?

/so, Obama and the Democrats have lost 2.7 million jobs, the U.S. unemployment rate is the highest in 26 years, and their trillion dollar “stimulus” has failed miserably, I guess there’s only one thing left for them to do, blame Bush!

Who Owes Who An Apology?

As you’ve no doubt heard, Rep. Joe Wilson shouted, “you lie” during Obama’s health care speech to a joint session of Congress. He immediately apologized and Obama accepted the apology. End of story, right? No way, the Democrats were determined to cynically milk these two words for their political advantage. First, for the first time in House history, the Democrats wasted legislative time and taxpayer money admonishing Wilson, a totally futile gesture that carries no real punishment.

But wait, there’s more. The Democrats weren’t satisfied with just an admonishment, no, somewhere along the line 2 + 2 suddenly equaled 652 and “you lie” magically became a racist slur, an opportunity for the Democrats to exercise one of their favorite pastimes, playing the race card, and this time they disgustingly dealt it from the absolute bottom of the deck.

Keep in mind the two words Wilson actually said, “you lie”, and then check out this despicable gem from Rep. Hank Johnson (D-Georgia).

Joe Wilson shouts “you lie” at Obama during a speech and that inevitably leads to white folks in white KKK hoods riding through the countryside intimidating black people, that’s the logical conclusion, REALLY?

And, not to be outdone, Jimmy Carter, the most ant-Semitic U.S. President in modern history, trots out from under his rock to lay down the royal flush of race cards.

So, in the space of a week, because Democrats can’t control themselves when it comes to playing the race card in furtherance of their political goals, we’ve gone from Joe Wilson shouting “you lie” at Obama, apologizing and having his apology accepted, all the way to most white people in America are racists and don’t like Obama just because he’s black. Anyone who criticizes Obama is motivated by racism because, you know, it’s absurd to think that someone might actually disagree with Obama’s policies! Yes, there is racism in this country and it exists in all directions, not only white on black. Blowing Joe Wilson’s two word outburst this far out of proportion is absolutely ridiculous, enough is enough already! Even Obama himself thinks this latest Democrat race card game has gone well beyond far enough.

Obama team keeps distance from Carter’s charges of racism

On Wednesday, the White House distanced itself from Carter’s remarks. “The president does not believe that the criticism comes based on the color of his skin,” Press Secretary Robert Gibbs said during a briefing for reporters.

Michael Steele hit the nail on the head.

Republican National Committee Chairman Michael Steele, who is African American, said in a prepared statement: “Characterizing Americans’ disapproval of President Obama’s policies as being based on race is an outrage and a troubling sign about the lengths Democrats will go to disparage all who disagree with them.”

See also:
Rep. Joe Wilson admonished by House for ‘You Lie!’ cry during President Obama speech
House votes to admonish Rep. Wilson for outburst
Joe Wilson is ‘admonished,’ and everyone reaches for a dictionary
Joe Wilson Admonished, Accused of Racism on Same Day
Dem rep: Wilson outburst ‘instigated more racist sentiment’
‘Racist’ a term that must be applied cautiously
Hank Johnson should apologize — or, at least, retract
Video: Jimmy Carter calls opposition to Obama ‘racist’
Carter Says Congressman’s Comments Fuled By Racism
Carter’s Racism Charge Sparks War of Words
Jimmy Carter racism charge triggers next US race debate
Obama, Wilson, Carter and Racism in America
Obama and WH Team Turn Deaf Ear to Carter’s Racism Allegations, Deny ‘National Conversation’ on Race ‘Going on Right Now’
White House Deflects Charges of Racism Leveled at Opponents
Jimmy Carter racism charge: Obama doesn’t agree says Gibbs
Obama: Not racism
Steele blasts Carter for comment
Steele: Carter’s race-baiting ‘colors, if you will, this debate’
It’s not racism, it’s being an American
Republicans say Carter playing ‘race card’

Remember what started all this, Joe Wilson blurting out “you lie” in response to Obama’s assertion that the “health care reform” bill wouldn’t cover illegal immigrants. Although Wilson’s outburst was extremely rude and inappropriate, considering the setting, he was correct, Obama wasn’t telling the truth. H.R. 3200 says that illegal immigrants aren’t covered, but there’s no enforcement mechanism to keep them from receiving the insurance and all the enforcement mechanism amendments the Republicans proposed were voted down by the Democrats. Theoretically, illegal immigrants can’t legally receive government health insurance under H.R. 3200, but if there’s no way to enforce it by verifying citizenship, what’s to stop them? It’s like don’t ask don’t tell, wink wink, nudge nudge, say no more, guarding the hen house blindfolded.

Nothing in health care bill will prevent illegal aliens from seeking coverage

Section 246, convincingly titled “NO FEDERAL PAYMENT FOR UNDOCUMENTED ALIENS”, within H.R. 3200 says: “Nothing in this subtitle shall allow Federal payments for affordability credits on behalf of individuals who are not lawfully present in the United States.” Couldn’t be clearer right? Wrong!

The Annenberg Public Policy Center dances around to say Obama was correct in his speech when he insisted illegal aliens wouldn’t receive coverage. Factcheck.org even refers to the argument: “conservative critics object to a lack of specific enforcement measures in the bill” and then says “Republicans have a point here.” Still, factcheck.org ultimately affirms “the president is correct.”

However, it turns out that Joe Wilson was right when he blurted out “you lie!” to the president. Republicans certainly have a point – there is no provisioning within the bill that asks would-be members of the public option if they are citizens of the United States. There can be all sorts of sections stating that illegal aliens won’t be covered but if there’s no enforcement the text is no more than words on a page.

The issue was particularly sensitive to Wilson because in July an amendment was proposed that would have required applicants for subsidized insurance to proof their citizenship. The Democrat majority voted down the amendment and voted instead to appoint a federal official to make up rules that will prevent illegal immigrants from joining the “public option.”

That’s the extent of enforcement – a vague promise to appoint a government bureaucrat charged with keeping undocumented citizens from enrolling in government-run health care and the text of section 246.

The Congressional Research Service, a division of the Library of Congress charged with thinking proposed policy through before it is enacted, said in mid-July, before the recess and the August town hall outbursts that:

“Under H.R. 3200, a ‘Health Insurance Exchange’ would begin operation in 2013 and would offer private plans alongside a public option…H.R. 3200 does not contain any restrictions on noncitizens – whether legally or illegally present, or in the United States temporarily or permanently – participating in the Exchange.

The loophole is glaring – so much so that Senate committees are now hard at work trying to “correct” the problem – or perhaps their motivation is to save face for the president. Either way, no details have been provided on just how this will be accomplished.

Oh, and after Wilson’s outburst, look what happened, the Democrats suddenly scrambled to include enforcement provisions in the Senate Finance Committee bill that was released today.

Senate committee tackles illegal-immigrant healthcare concerns

Key members of the Senate Finance Committee moved Friday to quell the latest furor over President Obama’s healthcare overhaul, discussing added identification and enforcement requirements intended to prevent illegal immigrants from receiving federal benefits.

Committee members ended their closed-door deliberations without reaching agreement on a response, but they are scheduled to work into the weekend.

The concern is whether the proposals being worked out by congressional Democrats with Obama’s support would make benefits available directly or indirectly to people who are in the United States illegally.

The controversy centers primarily on plans to provide government funds to help low-income workers get affordable insurance coverage.

Though drafters of the evolving healthcare bills have been considering the issue for months, it was catapulted into the national spotlight Wednesday night during Obama’s address to a joint session of Congress.

When the president said that his blueprint would not aid illegal immigrants, Rep. Joe Wilson (R-S.C.) shouted, “You lie!” Wilson has since apologized for his breach of congressional courtesy, but the episode touched off a vociferous debate over the issue.

Democrats note that both the House and Senate versions of the bill already contain language that specifically bars illegal immigrants from receiving federal help to purchase healthcare coverage.

Republicans counter that a written ban means little without tough enforcement provisions, which they say Democrats have refused to include. At their meeting Friday, members of the Senate Finance Committee discussed adding enforcement safeguards to their bill, which will be presented as soon as Tuesday.

See also:
You lie!”: 100% correct statement, 100% wrong time.
Senate Revisits Illegal Immigrant Health Care Question
Sorting out the health care issue of immigrants
Health care reform and Senator Joe Wilson’s contribution
The White House Tacks Right On Illegal Immigrants In Health Care Reform

As it turns out, Joe Wilson yelling “you lie” had absolutely nothing to do with racism and had everything to do with calling Obama out on his false assertion that the proposed health care legislation would exclude illegal aliens from coverage. Granted it was the wrong way to go about it but, guess what, after Wilson’s outburst, the issue got enormous attention and the Democrats were forced to include identification and enforcement mechanisms to insure illegal aliens wouldn’t be able to obtain coverage, a major victory for taxpayers along the road to one of the biggest government boondoggles of all time, otherwise known as the Democrat plan for health reform.

/so, who owes who an apology?

ACORN Roasting On A Simmering Fire

UPDATE:

House GOP to call for total cutoff of federal funds to ACORN

Today House Republicans will introduce a bill that would end all federal funding to ACORN and its affiliates. Republicans are also sending a letter to President Obama on the same subject.

The action comes after the release, on the website BigGovernment, of three undercover videos showing ACORN employees in Baltimore, Washington DC, and New York City offering advice on how to evade taxes, cover up prostitution activity, and abet the use of minors in prostitution. In the wake of those disclosures, the U.S. Census cut its ties with ACORN, and yesterday the Senate voted 83-7 to cut off housing funds for the organization.

House Republicans point out that they have long pushed for a cutoff in government funding for ACORN. Republican leader John Boehner last year sent a letter to President Bush asking for the defunding of ACORN. There is already Republican legislation calling for the total cutoff of Housing and Urban Development Department funds to ACORN, and Rep. Darrell Issa, the ranking Republican on the House Oversight and Government Reform Committee, took a leading role in pushing for the Census Bureau decision.

/will the House go on record too or will Pelosi try and block a vote?

Even though the Obama supporting mainstream media is doing their best to ignore it, in the wake of the “Hooker Hat Trick”, it’s getting really hard to ignore the political and social mendacity of ACORN. At least some in government are figuring out that associating with ACORN is the moral and political equvalent of wet crapping your pants in a public place, something you hope to avoid at all costs. First they came for ACORN’s 2010 census payoff for corruptly helping Democrats get elected and took away that gravy train.

Census Bureau Cuts Its Ties With Acorn

The U.S. Census Bureau on Friday dropped Acorn as a partner for the 2010 Census after two separate hidden-camera videos captured four employees of the community organization giving tax advice on running a brothel to a man posing as an aspiring politician and a woman posing as his girlfriend and a prostitute.

The Census Bureau earlier this year signed up the Association of Community Organizations for Reform Now, one of the nation’s largest community groups, as a national partner for the decennial census, a role that entails helping to publicize the importance of the count and encouraging people to participate.

In a letter to Acorn President Maude Hurd, Census Director Robert Groves said Acorn had become a distraction.

And now, after ACORN has been busted three times (so far), in three different cities, advising undercover filmakers to defraud government, law enforcement, the IRS, and commit sundry other felonies, even the Senate has seen and smelled the societal gangrene that ACORN practices on a daily basis. Even Senate Democrats can’t stand the stench any longer.

Senate votes to deny funds to ACORN

The Senate voted Monday to block the Housing and Urban Development Department from giving grants to ACORN, a community organization under fire in several voter-registration fraud cases.

The 83-7 vote would deny housing and community grant funding to ACORN, which stands for the Association of Community Organizations for Reform Now.

The action came as the group is suffering from bad publicity after a duo of conservative activists posing as a prostitute and her pimp released hidden-camera videos in which ACORN employees in Baltimore gave advice on house-buying and how to account on tax forms for the woman’s income. Two other videos, aired frequently on media outlets such as the Fox News Channel, depict similar situations in ACORN offices in Brooklyn and Washington, D.C.

The Senate’s move would mean that ACORN would not be able to win HUD grants for programs such as counseling low-income people on how to get mortgages and for fair housing education and outreach.

Sen. Mike Johanns, R-Neb., said that ACORN has received $53 million in taxpayer funds since 1994 and that the group was eligible for a wider set of funding in the pending legislation, which funds housing and transportation programs.

See also:
Census Bureau Drops Acorn From 2010 Effort
US Census Bureau Severs Ties with ACORN for 2010 Census, Fears Group’s Bad Reputation Could Undermine Count
FOX: Census Bureau severs ACORN partnership for 2010 Census
After Census Severs Ties, ACORN May Face Scrutiny of Housing Grants
Senate Votes 83-7 to Block Funds to Acorn
U.S Senate denies funds for poverty group
Senate Votes to Cut Off ACORN Housing Funding
Senate Votes to Bar Funding for Acorn
In wake of hidden camera scandal, Senate votes to deny funds to ACORN
Senate de-funds ACORN, but seven stand by them
ACORN Story Grows But Mainstream Media Refuse to Cover It
ACORN scandal growing, third video made public
Bartlett calls for probe of ACORN over videos
‘ACORN Versus Conservatives’ A Battle To The Death?
All The News That’s Fit To Hide
Criminals For Obama
More ACORN Criminal Activity
Census Fun For Criminals
Knock Knock . . . Who’s There?
Porkapalooza Paying For ACORN To Break The Law (Again)

It’s crystal clear that ACORN systematically engages in widespread fraudulent and criminal activity. It’s also clear that ACORN is a wholly owned integrated subset of the Democrat party, hardly the “non-partisan” entity ACORN claims to be. Don’t believe me? Well, let’s ask Bertha Lewis, the Chief Organizer of Acorn.

Hopefully, non-devious people with half an ounce of moral character will keep up the pressure on ACORN. It’s an organization that crosses every legal, moral, and political boundary in furtherance of the Democrat party. It’s time to make ACORN go away and cutting off all federal funding is a good start.

How much ya wanna bet yet another ACORN “hooker” tape comes out tomorrow?

/any charity/social services work that ACORN still does can easily be picked up by legitimate private charities and social service organizations that don’t violate the law on a daily basis and don’t pledge allegiance to Obama and the Democrat party

You May As Well Tell Us Now Because We’re Going To Find Out Anyway

Gee, Obama’s delaying the release of obviously bad economic news until after his “deadline” for passing his monstrous, budget busting healthcare plan. How convenient.

President Obama to Delay Release of Mid-Session Budget Review

The Obama administration announced Monday that its Mid-Session Budget Review would not be released this month, as previously scheduled, but rather would be pushed to August.

The Obama administration’s projections of economic growth, the deficit and the unemployment rate in preliminary budget estimates in February and May have since been proven overly optimistic. As the president pushes for the House and Senate to pass health care reform legislation before adjourning for the August recess, it could complicate matters to have an official White House acknowledgment that the economy is far worse that it had predicted – especially as moderate Democrats in the House and Senate balk at the cost of the proposals.

But the administration argues that’s not what’s going on at all.

“Because of the unique circumstances of a transition year, we — like President George W. Bush in 2001 – are releasing the Mid-Session Review a few weeks later than as is usual in non-transition years,” said Kenneth Baer, the communications director for the Office of Management and Budget.

President George W. Bush’s first Mid-Session Budget Review was released on August 22, 2001 while President Bill Clinton’s first Mid-Session Budget Review was released on August 28, 1993.

As Josh Gerstein of Politico points out a Congressional Research Service report from 2007 says “the law requires such a mid-session report ‘before July 16’ each year, but the deadline has been blown off by many presidents, with President Ronald Reagan being the most habitual violator in recent years.”

Congressional Republicans immediately pounced, however, saying the delay was evidence of “an attempt to hide a record-breaking deficit as Democratic leaders break arms to rush through a government takeover of health care,” as House Minority Leader John Boehner, R-Ohio, charged in a press release.

Boehner said that the Congressional Budget Office “confirmed last week that the Democrats’ plans will increase health care costs and add hundreds of billions to the deficit. Try as they might, the White House cannot hide the fact that the policies of this Administration have buried our children and grandchildren under historic debt. Washington Democrats are spending with reckless abandon, yet by burying this budget update until after Congress leaves town next month, the Administration is not willing to own up to the consequences of this dangerous fiscal agenda.”

See also:
Administration Delaying Release of Key Economic Report
White House delays budget update
UPDATE 1-As economy bites, White House delays budget review
White House to delay budget update
Obama’s mid-session budget review to be out in August
Obama Delays Mid-Session Budget Review to Mid-August (Update1)
Waiting for the Mid-Session Budget Review
White House delays economic report
Deficit Deceit

Of course, there’s a good reason they might want to play hide and seek with the numbers. I mean, after the last set of projections, how much worse can the deficits get?

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/they’re going to need a bigger graph

Who’s In Your Wallet?

Today, with little fanfare, Congress gave Obama his 100 day anniversary present.

Congress Approves Obama’s $3.4 Trillion Spending Blueprint

The Democratically controlled Congress yesterday easily approved a $3.4 trillion spending plan, setting the stage for President Obama to pursue the first major overhaul of the nation’s health-care system in a generation along with other far-reaching domestic initiatives.

Despite a persistent recession and soaring budget deficits, Democrats overwhelmingly endorsed the president’s request for hundreds of billions of dollars in new spending over the next decade for college loans, early childhood education programs, veterans’ benefits and investments in renewable energy aimed at reducing the nation’s dependence on foreign oil.

Lawmakers also agreed to use a powerful procedural tool known as reconciliation to advance the president’s proposal to expand health coverage for the uninsured — a move that ensures Republicans would not be able to filibuster the legislation. Unlike in 1993, when then-President Bill Clinton unveiled a universal coverage plan that went nowhere on Capitol Hill, Obama has a strong mandate for change from both chambers of Congress and a mid-October deadline for key congressional committees to send legislation to the full House and Senate.

“This is very exciting,” said DeAnn Friedholm, health reform director for Consumers Union, the nonprofit publisher of Consumer Reports. “Some of us have spent our entire careers trying to make sure we have a decent health-care system, and I think we’re on the precipice of being able to get that this time.”

The budget resolution didn’t win a single vote from Republican lawmakers, who were enraged that the deficit is projected to exceed $1.2 trillion next year. House Minority Leader John A. Boehner (R-Ohio) called it an “audacious move to a big socialist government” that piles “debt on the backs of our kids and our grandkids.”

Still, the measure passed the House by a vote of 233 to 193 and the Senate 53 to 43. Only 17 Democrats in the House and three in the Senate voted against it, as did Sen. Arlen Specter of Pennsylvania, who announced Tuesday that he would leave the Republican Party.

See also:
Congress Passes $3.5 Trillion Budget
Congress adopts budget plan endorsing Obama goals
Congress passes budget, a boon for Obama
HOUSE PASSES BUDGET WITH NO GOP VOTES
UPDATE: US Chamber Of Commerce Urges Congress Reject Budget
Money Doesn’t Grow On Trees
Spending Like A Drunken Sailor On Crack
The Blueprint For The Total Destruction Of The United States Of America

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Well, so much for fiscal responsibility. In fact, now, with a filibuster proof Senate, Obama and the Democrat Congress can now totally ignore Republicans and ram whatever they damn well want down our throats.

Pelosi: now we don’t have to ‘explain process’

Sen. Arlen Specter’s decision to switch parties will make it easier for Democrats to move forward with their agenda, Speaker Nancy Pelosi (D-Calif.) said Tuesday.

Specter’s switch will give Democrats 60 caucus members in the Senate (assuming Al Franken wins his legal battle in Minnesota). That is enough votes to end debate on a bill and overcome Republican filibusters.

“Very exciting, very exciting for the American people, because now we can get things done without explaining process,” Pelosi told CNN’s Candy Crowley.

So now the Democrats will get busy behind closed doors turning Obama’s vision for bankrupting the country into spending legislation reality.

/this is what you get when 52% of the electorate votes to flush America down the toilet

Money Doesn’t Grow On Trees

I don’t know how many times I heard that as a kid. Even though my dad did alright as a banker, I got that message pounded into my brain from an early age. If I wanted something, I had to earn the money to pay for it.

Obama, apparently not so much. Although, to be fair, he didn’t invent deficit spending, he just seems hell bent on, aided and abetted by the Democrat Congress, turning it into an art form, spending more nonexistent money than has ever been spent by any national leader in the history of the world and adding more to our national debt than all other previous U.S. Presidents combined .

Mr. Obama’s $3.6 trillion budget blueprint, by his own admission, redefines the role of government in our economy and society. The budget more than doubles the national debt held by the public, adding more to the debt than all previous presidents — from George Washington to George W. Bush — combined. It reduces defense spending to a level not sustained since the dangerous days before World War II, while increasing nondefense spending (relative to GDP) to the highest level in U.S. history. And it would raise taxes to historically high levels (again, relative to GDP). And all of this before addressing the impending explosion in Social Security and Medicare costs.

Bold action like this, in the furtherance of grinding America into the ground, deserves it’s own national holiday, don’t you think?

Happy Debt Day: Government to ‘Run Out’ of Cash Sunday, Earliest Ever

Debt Day comes early this year. Unfortunately, it’s nothing to celebrate.

The symbolic “holiday,” which falls on Sunday, marks the point in the fiscal year when government spending exceeds revenue.

In other words, the government will stop making money and start borrowing on Sunday.

And it’s coming earlier than ever, according to House Minority Leader John Boehner, who’s pointing to Debt Day as yet another symptom of a government he says is spending too much, borrowing too much and taxing too much. Last year’s Debt Day fell more than three months later, on Aug. 5.

“All the revenue for this fiscal year will be spent as of Sunday,” Boehner, R-Ohio, said. With the fiscal year ending Sept. 30, he said, “everything that happens after Sunday through … the balance of this fiscal year is going to have to be borrowed from our kids and grandkids.”

See also:
Debt Day: A Symbol of Washington’s Arrogant Culture of Borrowing and Spending
The Government Runs Out of Money on Sunday
April 26th Becomes New Debt Day
Debt Day comes early
House GOP Increasingly Critical Of Obama Nearing 100 Day Mark
An Explanation of Debt Day
Spending Like A Drunken Sailor On Crack
The Blueprint For The Total Destruction Of The United States Of America

But hey, it’s the weekend and Sunday’s a national holiday!

There Goes The Neighborhood, it’s a Celebration!

/Don’t Worry Be Happy

A Trillion Is Not Enough

Never Enough

Government Spending: Did anyone really think $787 billion would be enough to quench the Democratic Congress’ thirst for play money from the taxpayers? Now they want $410 billion more.

In addition to solar water heaters for rural Puerto Rico and the Raul Alvarez Golf Course in Austin, Texas, Obama administration sources say the U.S. is also planning to relieve taxpayers of $900 million for Gaza, much of which can be expected to land in the pockets of the terrorist group Hamas, which runs the region.

To a family being foreclosed on, or a businesswoman forced by tough times to close up shop, this doesn’t exactly signal that Uncle Sam is in solidarity with you.

The new spending bill is an 8% increase over last year and the largest discretionary spending increase since Jimmy Carter. President Bush refused to go along with what Congress was demanding for fiscal 2009, so now it has clumped the items previously denied into a $410 billion monster. The House of Representatives will vote on it this week, and the Senate is expected to follow soon after.

Amid the measure’s sneaky fine print is a provision to ax Washington, D.C.’s innovative school choice program. House Minority Leader John Boehner, R-Ohio, called it “an irresponsible and shameful act on the part of the Democratic leadership in Congress, and the children of the District of Columbia deserve better.”

Is it any wonder House Speaker Nancy Pelosi won’t make spending legislation available online ahead of time so Americans can scrutinize it line by line?

Remember, this feeding frenzy at the porkfest trough, which contains 8500-9000 earmarks, is in addition to last week’s Porkapalooza and before Congress starts working on Obama’s first budget.

See also:
House to Approve Thousands of Earmarks in ‘Omnibus’ Budget Bill
Another Day, Another $410 Billion
House Democrats want $410 billion more
Two Obama Cabinet Members Added Earmarks to Omnibus Spending Bill

Of course Obama, on numerous occasions, has pledged to reform the earmark pork process.

“We need earmark reform,” Obama said in September during a presidential debate in Oxford, Miss. “And when I’m president, I will go line by line to make sure that we are not spending money unwisely.”

So, will Obama keep his word and cut out the pork? Hell no, he’ll sign it as is! His excuse?

“It will be a little embarrassing for the president if he signs a bill with that many earmarks on it,” said Stan Collender, a veteran Washington budget analyst. “He’ll say they’re left over from the Bush years, and he as to say that next year the bill will be clean.”

In fact, that’s exactly the excuse Obama thug David Axelrod used on Fox News last night, after Obama’s speech, when asked that very question. This $410 billion appropriations bill is left over from the Bush administration and that the Obama administration is “looking forward”. In other words, this bill doesn’t count, it’s not on our watch, it’s not our problem.

/well, it is your problem because you and your descendants are going to pay for another big heaping helping of wasted pork spending, so bend over and assume the position yet again

See If You Can Read It Before Congress Passes It

Here it is, the final version of Porkapalooza (1071 pages):

Bill Text – Division A
Bill Text – Division B

You may as well read it and find out where they’re wasting your trillion dollars, because no one in Congress is going to read it before they vote on it.

Democratic Senator Predicts None of His Colleagues ‘Will Have the Chance’ to Read Final Stimulus Bill Before Vote

Sen. Frank Lautenberg (D-N.J.) predicted on Thursday that none of his Senate colleagues would “have the chance” to read the entire final version of the $790-billion stimulus bill before the bill comes up for a final vote in Congress.

“No, I don’t think anyone will have the chance to [read the entire bill],” Lautenberg told CNSNews.com.

The final bill, crafted by a House-Senate conference committee, was posted on the Website of the House Appropriations Committe late Thurday in two PDF files.

See also:
House Appropriations Committee
Stimulus debate on huge unread bill
‘Historic’ Stimulus Is Egregious Waste
Democrats Delay Bill Release to Conceal Details
Don’t Read The Bill, Just Vote On It?
SURPRISE! Dems Break Promise: Stimulus Bill to Floor Friday
Remember This Catchphrase: “Maybe Too Little, Always Too Late”

It is a sham, wrapped in a travesty, inside an abomination.

/seriously, what a [expletive deleted] up way to run a country

UPDATE:

House passes Obama’s economic stimulus bill

The measure was passed on a 246-183, with no Republican “yes” votes.

/good, except for the Three Stooges of the Senate, the Democrats are going to totally own this obscene travesty

UPDATE:

Well, we’re waiting for Godot Sen. Sherrod Brown (D-Ohio) to get back from his mother’s wake and put Porkapalooza over the top in the Senate and on to Obama’s desk for signature. Of course, to add insult to injury, you’re paying for his airfare.

White House books Brown’s flight to D.C.

A government plane will ferry Sen. Sherrod Brown (D-Ohio) back to Washington from his mother’s wake in Ohio in time to vote tonight, courtesy of the White House.

Brown won’t even be leaving until viewing hours end at 8 p.m. He then travels back to Washington votes and flies back for his mother’s funeral tomorrow morning.

/hey, when you absolutely, positively have to shove a trillion dollar Porkapalooza down the taxpayers’ throats overnight, without even reading the bill, what’s a little taxpayer funded plane ride, you’re willing to bend over a little further, right?

UPDATE:

Well, it’s over. Brown finally toddled in and voted, not with a bang but a whimper.

Congress Passes Stimulus Package

With the final vote coming late in the night, Congress yesterday approved a $787 billion stimulus package that aims to spur millions of jobs through massive new investments in energy, transportation, education and health-care projects, while reviving social safety-net programs that have been shrinking for nearly three decades.

See also:
Friday The 13th
Scorching the Earth

Just be prepared to duck and cover on Tuesday when Obama signs Porkapalooza into law and the Democrats ejaculate a decade’s worth of pent up wasteful, socialist spending.

/Next Challenge on Stimulus: Spending All That Money

This Is Not The Pork You Seek

Are you feeling stimulated yet?

AP: About Obama’s “no pork” assertion…

Barack Obama made the claim at least twice yesterday that the stimulus bill had no pork in it. In his prime-time press conference, Obama almost angrily rejected the notion that the Generational Theft Act contained pork:

But what I — what I’ve been concerned about is some of the language that’s been used suggesting that this is full of pork and this is wasteful government spending, so on and so forth. …

But when they start characterizing this as pork without acknowledging that there are no earmarks in this package — something, again, that was pretty rare over the last eight years — then you get a feeling that maybe we’re playing politics instead of actually trying to solve problems for the American people.

And earlier in the day, during his Elkhart town-hall meeting:

And, listen, I know that there are a lot of folks out there who’ve been saying, “Oh, this is pork, and this is money that’s going to be wasted,” and et cetera, et cetera. Understand, this bill does not have a single earmark in it, which is unprecedented for a bill of this size, does not have a single earmark in it.

In a literal sense, that’s true — but only because the stimulus bill is essentially an Omnibus Earmark Package. It consists entirely of local and state projects that would normally only get funded as earmarks on other appropriations. Even the Associated Press calls shenanigans on this claim:

THE FACTS: There are no “earmarks,” as they are usually defined, inserted by lawmakers in the bill. Still, some of the projects bear the prime characteristics of pork – tailored to benefit specific interests or to have thinly disguised links to local projects.

For example, the latest version contains $2 billion for a clean-coal power plant with specifications matching one in Mattoon, Ill., $10 million for urban canals, $2 billion for manufacturing advanced batteries for hybrid cars, and $255 million for a polar icebreaker and other “priority procurements” by the Coast Guard.

Could this obscene Porkapalooza get any more ridiculous? Why yes, yes it could.

Stimulus has $30M to save Pelosi’s harvest mouse

House Republicans are challenging Speaker Nancy Pelosi’s claim that the massive stimulus spending bill contains no pet projects after uncovering in the bill more than $30 million for wetlands conservation in her San Francisco Bay area district, including work she previously championed to protect the salt marsh harvest mouse.

“This sounds like spending projects that have been supported by a certain powerful Democrat in the past,” said Michael Steel, spokesman for House Minority Leader John A. Boehner, Ohio Republican.

“It certainly doesn’t sound like it will create or save American jobs,” he said. “So can Speaker Pelosi explain exactly how we will improve the American economy by helping the adorable little” critter?

See also:
Stimulus bill just pork in new disguise
Obama Claims Stimulus Pork-Free, AP Disagrees
Pork & Pet Projects
History Says Obama’s Stimulus Won’t Work
How to Wreck the American Economy
Government overreach isn’t stimulating

/as Rear Admiral Joshua Painter said in The Hunt for Red October, “This business will get out of control. It will get out of control and we’ll be lucky to live through it.”