Stimulus Spending By Category

Bassam Saoud

So dont they know that all that money printing is going to cause Inflation?

Dan Neely

Heroic efforts on the part of central banks to suppress general inflation at the cost of everything else were a major driver in the asset bubbles that triggered the crisis.

Today's lesson is brought to you by the word "niggardly". Remember kids, don't attribute to racism what can be explained by Scandinavian language roots. -- Robert Royall

Oakman

The devil, Ed, is in the details. The high-speed monorail between Disneyland and Las Vegas (Harry Reid's hometown) is in the infrastructure budget. No, I'm not kidding - picked up that info on CNBC, today. That's one of the shovel-ready projects that's been touted as likely to benefit from the "stimulus." The reason it is shovel ready is that it was cancelled by the Bush administration when the cost projects doubled from the original low-ball estimates. I hear that Disney is redoing all of the 'Small World' dolls. Do you think there's a chance that been classified as Education because the exhibit teaches geography? :omg:

Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.

BoneSoft

They'll have to get somebody else to write the next stimulus bill[^] :laugh: Sharpton and everybody else who wants to turn that into something racist are idiots. But that was already a well known fact about Sharpton. It had nothing to do with race (I would bet) and it's fargin hillarious. Now 1 me my shadow ;)

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Oakman

I found it unfunny. Not particularly racist - just stupid. Somebody needs to tell Sharpton that Pelosi wrote the fraking bill.

Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.

BoneSoft

I liked the Washington Post's break down[^]. Purdy graphs.

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BoneSoft

Sharpton doesn't know which direction is up. And that cartoon was hillarious! (Unless you saw it as making fun of the poor lady that got mauled) Rabid chimp is just about the perfect analogy for Peloci.

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Ed Gadziemski

I'll split it with you. :)

Ed Gadziemski

Purdy graphs indeed, but that's the original House version that everyone bitched about, not the version that was actually enacted.

Ed Gadziemski

I have no problem with high speed rail between metropolitan centers. We could use one between Phoenix and Tucson to cut traffic and ease access between the two cities, but Tucson airport authorities bribe local officials to keep it from happening so they don't lose travellers to lower priced flights out of Phoenix.

Stan Shannon

Apparently the trick to getting rid of earmarks is to just redefine what the word means. Hocus pocus...

Chaining ourselves to the moral high ground does not make us good guys. Aside from making us easy targets, it merely makes us idiotic prisoners of our own self loathing.

BoneSoft

I wondered, I was mesmerized by the time graphs and didn't read the full details.

Ed Gadziemski wrote:

version that everyone bitched about

That really didn't narrow it down for me :laugh:

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Ed Gadziemski

BoneSoft wrote:

That really didn't narrow it down for me

:) :)

Mike Gaskey

Like I said yesterday, I applaud the Magic Negro for a magnificant con. This is anything but a stimulus, it is mortgaging the future of our grandchildren and their children and their children's futures in the promotion of an ever larger government - one that is dedicated to the collective where its' charter is the protection of individual rights. Magic will be back again and again and the cost will be greater each time. Large lenders to the US, countries like China and Russia and no doubt OPEC nations, will soon be demanding their pounds of flesh. But hey, who gives a rat's ass? Now we can go on and prop up the fools that bought homes they couldn't afford while the rest of us who had some common sense bought homes priced appropriately pay for it. Once we do that we can pass "Card Check" so Nunzio, Stush and Garcia can brace the timid and demand they forgo a secret ballot and just let the fucking unions run amok. it is so fucking disgusting that I'm appalled there's not a run on pitchforks.

Mike - typical white guy. The USA does have universal healthcare, but you have to pay for it. D'oh. Thomas Mann - "Tolerance becomes a crime when applied to evil." The NYT - my leftist brochure. Calling an illegal alien an “undocumented immigrant” is like calling a drug dealer an “unlicensed pharmacist”. God doesn't believe in atheists, therefore they don't exist.

modified on Wednesday, February 18, 2009 6:47 PM

bulg

That's a 5 hour drive through the desert on a mostly 2-4 lane road, and there's usually a few on the side of the road cooling down. On sundays the drive back to LA can be 6-8 hours... they won't have to bulldoze any farms (it's all dirt), buy much land (government dirt), and there are big conferences in Vegas all_the_time. I think it sounds like a good start for high speed rail. Just for reference, the combined population of Las Vegas and the LA Basin is just shy of 20 million people, or more people than every other state in the union besides New York (and California).

Ed Gadziemski · modified on Wednesday, February 18, 2009 6:47 PM

Mike Gaskey wrote:

mortgaging the future of our grandchildren and their children and their children's futures

Bush cornered the market on that one with his runup in the national debt of $5 trillion and his Wall Street bailouts of $10.7 trillion and counting. Your children's children to the 10th generation are gonna be paying off the travesty of George W. Bush.

Mike Gaskey wrote:

Now we can go on and prop up the fools that bought homes they couldn't afford

You never bought anything before prices rose even higher? In 1977, my first house cost $22,000 and I could barely scrape up the mortgage payment each month. By the time I bought my third house, I paid cash and paid a hell of a lot more than $22,000. If a person wants in on the home ownership merry-go-round, they have to get in sometime, and over the long run, it usually pays off because long-term, prices rarely go down.

Mike Gaskey wrote:

so f***ing disgusting that I'm appalled there's not a run on pitchforks.

I certainly know how you feel. Eight years of Reagan and eight years of Bush had me wondering the same thing.

Mike Gaskey

Ed Gadziemski wrote:

Bush cornered the market on that one

Well, no he didn't. Credit FDR. I agree that Bush started the ball rolling again, but now we're heading full out on a fast downhill slide. But I can't hold Magic fully accountable because he was aided and abetted by: Snowe, Collins and Spector. 3 fools.

Mike - typical white guy. The USA does have universal healthcare, but you have to pay for it. D'oh. Thomas Mann - "Tolerance becomes a crime when applied to evil." The NYT - my leftist brochure. Calling an illegal alien an “undocumented immigrant” is like calling a drug dealer an “unlicensed pharmacist”. God doesn't believe in atheists, therefore they don't exist.

Ed Gadziemski

Mike Gaskey wrote:

Credit FDR.

Not true. WW2 opened the flood gates on Federal spending and they never closed. Reagan produced the first 1 trillion dollar national debt and the first 2 trillion dollar national debt. Bush Sr. produced the first 3 trillion dollar national debt and the first 4 trillion dollar national debt. Clinton produced the first 5 trillion dollar national debt but turned over a declining debt balance to his successor. Bush Jr. produced the first 6, 7, 8, 9 and 10 trillion dollar national debts. Historical Debt Outstanding[^] It would be much more interesting if you based your statements on fact rather than conjecture. The data is out there on the Internet.

Oakman

bulg wrote:

the combined population of Las Vegas and the LA Basin is just shy of 20 million people,

The question is not how many people live in the two areas, but how many will take the high-speed train instead of their cars or planes. (trains often cost almost as much as planes to travel the same distance - unless they are heavily subsidized.) Something tells me that folks who attended conventions in Vegas are going to continue to fly in, even if LV becomes the railhub of the west.

Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.