Senate approves $838 billion economic stimulus bill 61 to 37. C-Span says three Republicans broke ranks to vote for it: Senators Susan Collins, Olympia Snowe, and Arlen Specter.

Comments

Edit Your Comment

  1. pecan 3.14159265 says:

    Can we get a layman’s breakdown of what the bill entails and what revisions have been made? I’ve yet to find a good, simple yet detailed list of what changes were made. I found myself reading from four different news sources to try to piece together the complete list, instead of just getting lines such as “the package includes…” and then gives three examples, instead of the whole picture.

  2. gqcarrick says:

    Well when I have kids I will be happy to report the reason the USA failed is because we just added 1.4 Trillion dollars to our national debt. So much for common sense and saving money when it comes to the government. I wonder how much more they are going to throw at this problem if this $838 billion doesn’t fix it.

    • PunditGuy says:

      @gqcarrick: Dude, we added something like $8 trillion in the last 8 years. You’re just now outraged?

    • nighttrain2007 says:

      @gqcarrick: Are you kidding me?!? From the sound of most around here, it’s a responsibility of the government to print money endlessly, expand government to the point of unbelievability, and ‘take care’ of us all. This applies to Democrats and Republicans.

      Personally I say another couple trillion at most before even our closest allies refuse to buy US debt and the house of cards falls down

      • Duffin (Ain't This Kitty Cute?) says:

        @nighttrain2007: So…you’d prefer that large companies continue to fall because Americans aren’t spending money, therefore forcing them to lay-off workers who in turn don’t spend money so more businesses have to lay workers off until nobody has a job and no one has any money to spend and everyone dies? Cuz…I guess we COULD do that…

        • gqcarrick says:

          @Duffin: Perhaps companies would be a little bit more fiscally sound then if there was no bailout for them from the government. Hate to tell you, if I get another “stimulus” check, it will go the same place the last one did, to pay off bills, not to buy anything new like the government thinks you should do with the money.

          • Jim Topoleski says:

            @gqcarrick: Yes but in a way your still STIMULATING the economy.. because those bills are bills that existed BECAUSE you bought something.

            The only way you would not be using the stimulus check for what its supposed to be used for is to put it in your savings.

            But thats regardless of the point, since this stimulus bill is meant to support the state governments mostly, and create public works projects to build IT and School infrastructure, not give americans a tax break.

            • opsomath says:

              @Jim Topoleski: Me, I put my stimulus check in savings, because I’m going to owe a shitload of taxes and it’ll help a little in paying them. That’s because I’m self-employed, not because I make a lot of money.

    • papahoth says:

      @gqcarrick: Let me explain things to simple folk like you. When companies hire to build road, bridges, do medical research, the people they hire pay taxes. The things that they buy are taxed. Those hired people don’t draw welfare or unemployment. They contribute to social security and medicare. And the research and infrastructure work continues to make money for the country. Got it?

      • papahoth says:

        @papahoth: And one more time, [www.washingtonpost.com]

        • papahoth says:

          @papahoth: And in case you need more evidence for your wrongness on not having a stimulus, [freakonomics.blogs.nytimes.com] and [www.newyorkfed.org]

          • papahoth says:

            @papahoth: And lets pile it on:

            The economic and financial crises are even worse than Obama admits: [www.slate.com]

            Florida’s GOP Governor Endorses Obama Recovery Plan: [www.dailykostv.com]

          • sirellyn says:

            @papahoth: Last one wasn’t quick. :-/

            The articles you cited are very typical Keynesian for macro economics. Keynesian economics is great for short term trends, but it’s completely ridiculous for long term forecasting.

            “Our current problem is deficient aggregate demand.”

            Right there. That’s the problem? So there’s not enough demand for things that they say there should be a demand for. And the reason most news places are saying is because of lack of availability of credit.

            Ok so tell me. When you have lots of money available, are you super careful on what you spend your money on? Do you work hard to make the best choices? Not really of course. Credit provides lots of money so you buy lots of crap you don’t really need, or is more than what you need, because you know you can pay it back later.

            Except, will you? When people keep giving you the ability to have more money when you get in trouble will you tighten your spending habits? Will do change your job from something you like to something you don’t like but pays more? No probably not. It’s comfortable where you are. So what if you can’t pay back this loan really, I mean you got bailed out already. Maybe something else will come up before you have to worry about it again?

            Maybe you can understand the mentality. You spoil someone and they won’t change. They also won’t perform any better. It’s only when you take away the supporting structure that they are forced to sink or swim they actually do better.

            Thats mean though isn’t it? Allowing people to sink? Maybe it was just bad luck for them or they got a poor lot in life.

            Individually, and even in small groups you will see people supporting others. There will always be charities, organizations and family. But people should be allowed the choice, not ever have it mandated by the government. Otherwise you won’t really care, and thus won’t really be productive. Wasn’t this the downfall of Communism?

      • sirellyn says:

        @papahoth: Too much to respond to, so I’ll try to make it quick.

        If you spend government money to fund jobs who then pay taxes back to government, the value of the work depends on the production. Given that a job can be digging a hole and then filling it up the next day, and they would get paid the same, jobs don’t directly help economic stability.

        Instead they are a byproduct of production. So if you have potential production. Land around is very good for farming barley, and everyone is jobless people will want the barley the land can produce and people will start forming jobs. They did this all on their own however, from their own self interest. (And this is fine.)

        After the barely farmers are going someone else gets a great idea on how to build a better tractor, he forms his own job and hires others to help. Again, no government is needed. The more ideas people have to improve things the more jobs are created. Ideas that aren’t so useful are eventually dumped in favor of more useful ones.

        You or I may personally think research, infrastructure and alternative energy are the most useful things people in our country can do, but, swallowing my pride. What I or you think is irrelevant. It’s unlikely that those things would disappear. But something like say farming could prove to be the most viable. I didn’t pick that, nor did you, nor did the government. It simply was needed more than anything else. And thus made the most money and provided the most productivity.

        When you give free money to people it’s like giving free money to your kid all the time. They do something they like (which may or may not be good for them.) Eventually they get dependent on it. Meanwhile if you are struggling with money to pay them and they are asking for more for their lavish lifestyle, they aren’t really contributing back nearly as much as you are lending them. Eventually you have to stop funding them or you’ll go bankrupt yourself. The stimulus is like the kid asking for $10,000 for that lemonaid stand that didn’t really work out too well when you lent him $5, $10, $100, and $500 dollars for it previously.

  3. Ash78 ain't got time to bleed says:

    In other news, Olympia Snowe sounds like a fake name made up by a Seattle politician or porn star.

    • Serious Mopar Jones- Incurable says:

      @Ash78: Sadly, she’s all to real.. and thanks so much, “Olympia Snowe, pornstar” is the most horrifying thought to enter my brain this month..

      Also, if Collins and Snowe voted for it, I don’t need to know anything further to know I disapprove.

  4. your new nemesis says:

    If this fails, which I hope it doesn’t, who will even trust the American financial system? I think it may be time to start investing into forein currency as a back up, maybe the peso will start to outshine the dollar, and Americans will be moving to Mexico in droves to earn enough with American manufacturers to send money home to the states. Scary. I hope you know what your doing gov’t.

  5. astraelraen says:

    I will have to go home today and thank my 3 month old daughter for the loan and the unknown amount the Treasury wants for their “line of credit” for the banking system.

    I promise we’ll help pay it back. Really, I do.

    • Corporate_guy says:

      @astraelraen: Well technically it could be paid back really fast if it is all spent domestically. Since it will be taxed like 30% every time it changes hands. Of course the government is going to turn around and roll that into tax revenue to spend rather than pay off the bailout. But that would still help the economy if spend domestically. If it works, it is better to owe the Chinese an extra 800 billion then having to live in Central Park in a tent eating pigeon soup to stay alive.

  6. Patrick Mcgranaghan says:

    I hope this bill fails. Its bullshit.

    • moore850 says:

      @Patrick Mcgranaghan: Since both sides have passed a version, the final signed version will likely be some merged version of these two pie charts:[www.cnn.com]

    • thegirls says:

      @Patrick Mcgranaghan: Wow, nice… way to root for the success of our country.

      • Patrick Mcgranaghan says:

        @thegirls: so if you don’t support this bill you’re suddenly unpatriotic? Sorry but we don’t live in a fascist state.

        • Jim Topoleski says:

          @Patrick Mcgranaghan: Not at all, he’s saying that you dont have a clue what your talking about honestly. But then like hypnotik_jello asked, if your this economic powerhouse why dont YOU post your plan to fix the economy and get people working again.

          Oh and reiterating the last 8 years and saying thats your plan is not a option, since it didnt work. I need some original thinking from you.

        • Eyebrows McGee (now with double the baby!) says:

          @Patrick Mcgranaghan: No, but I think people are a little tired of bailout-bashers who have no constructive alternatives to offer. It’s easy to sit in the peanut gallery and criticize; it’s a lot harder to engage with the issues and try to solve the problems.

          • MauriceCallidice says:

            @Eyebrows McGee: Here’s my constructive alternative: The government should do nothing that involves buying toxic assets, buying corporate stocks, “stimulus” spending, or anything like that. Just let the chips fall where they may. Prosecute any individuals proven to have broken laws, maybe toughen up lending standards, but stop throwing money at the problem hoping it will help. It won’t.

      • MooseOfReason says:

        @thegirls: This stimulus will not make our country successful.

    • hypnotik_jello says:

      @Patrick Mcgranaghan: got a better idea on how to fix the mess? I’m sure we’d all like to hear it.

      • B says:

        @hypnotik_jello: Just let the free market sort it out. It’ll take five to ten years for our economy to reinvent itself. Oh, and get rid of those pesky minimum wage laws and outlaw unions so corporations can compete with third world countries for factory workers.

        • Jim Topoleski says:

          @B: boy way to BOTH oversimplify the issue AND completely miss world economic history of the last 15 years.

          Im guessing you didnt do too well in economics in college, if you even where smart enough to stay in that long or even go.

    • highpitch_83 says:

      @Patrick Mcgranaghan: if it fails than we’re all fucked. You know they’ll just push another one through.

      It doesn’t matter whether the bill has red or blue lipstick: Gov’t = Spending

  7. rpm773 says:

    Hey, what a deal! They kept saying it was going to be over $1 trillion. Sounds like we got off on the cheap!

    /sarcasm

  8. HIV 2 Elway says:

    I’m glad we all this hope and change and our new President isn’t resorting to using fear to rush legislation through Congress. Wait…

    • your new nemesis says:

      @HIV 2 Elway Resurrected: Touche. nice point, sticking with the theme of fear to induce gov’t interference. This time it’s on us instead of Iraq. Thats the change. Now we have to wait for them to offer us some sort of accountable democratic government and we’ll be set…

      • BlazerUnit says:

        @skizsrodt: The obvious differences with this current crisis and Iraq is that 1) we aren’t ignoring the experts this time (like we did UN inspectors and the IAEA), and 2) there actually is a legit threat to the United States and its citizens–further economic failure that will touch everyone.

  9. cmdrsass says:

    Saying that Collins, Snowe, and Specter “broke ranks” is laughable – making the assumption that they normally vote with their party. Will Obama use these patsies to claim the bill is “bipartisan”?

    • thegirls says:

      @cmdrsass: Bipartisanship goes both ways but to the republicans, bipartisanship means: give us everything we want, otherwise we won’t budge and we’ll whine that you aren’t being fair.

      Also, two of the most ardent supporters of/fundraisers for the Republican party, National Assoc of Manufacturers and Chamber of Commerce, wanted this bill to pass and pushed for it.

      You’re partisan blame is misplaced.

      • JimK says:

        @thegirls: Are you kidding me? You really think the Democrat view of “bipartisanship” is any less selfish?

        If so, I have this house I want to sell you. Cheap!

      • chauncy that billups says:

        @thegirls: Uhh…that’s EXACTLY what Nancy Pelosi, DEM speaker of the house did last week. I think you’re mixing your political parties.

        • BlazerUnit says:

          @bilups: The latest public Gallup polls say that citizens place the most of disagreement blame on congressional Republicans and not the Democrats.

          Whether the GOP likes it or not there will likely be a stimulus bill passed. Collins, Snowe, & Specter seem okay in making it work FOR their conservative interests and for their constituents. Let’s see if the remaining Republicans refuse the federal aid that might make their its way to their home constituents. Somehow, I doubt it–proving that the opposition was all about politics over doing something to help the country.

  10. Brittany Stewart says:

    Well, for my part, (should the stimulus go through after all) I will be saving every penny of it. I just can’t bring myself to buy what I don’t absolutely need right now.

  11. narq says:

    I want to go on record as saying, I voted and I do not support this package. I do not support any stimulus package. It’s not necessary. This recession is just reducing the economy to reality. We were in an economic bubble just like the housing market. This package will just further reduce the actual value of the American market. This is a broken messed up ordeal. Just like the bank and car bailout, this fixes nothing in the shortrun and causes monumental problems in the long run. This is why we should be culling the government for corruption. They get something out of this… we just won’t know what until after we get screwed.

  12. Bladefist says:

    Cant wait for the next election year.

    • Trai_Dep says:

      @Bladefist: So Sarah Palin can mouth empty, hypocritical platitudes about small gov’t, less spending and – gosh darn it – personal responsibility to win your vote? Geez, can’t wait.

      • chauncy that billups says:

        @Trai_Dep:

        Bladefist is talking about the 2010 midterm congressional elections, which are shaping up to be a democrat bloodbath if shit doesn’t improve soon.

  13. InsertBullets says:

    Hooray!!!!!!!! Rejoice Now we can start the Socialist Utopia that America was ment to be, Comrades!!!!

    now for my real thoughts on the Stimulus in the form of a wheel of fortune puzzle.

    We’re all f_cked.
    Care to buy a vowel?

    Anyone think that I could start a business selling bumper stickers that say “Don’t Blame Me. I voted for McCain”?

    • t-r0y says:

      @InsertBullets: I can no longer afford a vowel.

    • JimK says:

      @InsertBullets: I want the one that says “Don’t blame me, I wanted to vote for Fred Thompson but he quit on me.”

    • chiggers says:

      @InsertBullets: Looks like someone already beat you to it:

      [www.zazzle.com]

    • Jim Topoleski says:

      @t-r0y: Spending less wont work. Its been done before, it DIDNT work.

      Where the hell did this revisionist history on the New Deal come from. No educated economist would EVER say it failed.

      • chauncy that billups says:

        @Jim Topoleski: Except that it did fail. There is just as much evidence that FDR’s policies are what prolonged the depression. Why else would unemployment go down by the mid 30′s, then start creeping back up? Unemployment was still 17% near the end of the decade. Deficit spending during WWII was what was successful in ending the slump. That wasn’t the New Deal.

        But that’s beside the point. This stimulus bill is garbage, with no temporary, targeted, or timely stimulus of any impact. In our case, CERTAINLY spending 2.4 billion on an obsolete powerplant championed by failed governor blagojevich will do nothing but hurt us. And this ‘stimulus’ bill is rife with such waste. See
        @K J’s post below for more.

      • t-r0y says:

        @Jim Topoleski: When history is reported incorrectly, it must be revised…

        The New Deal Debunked [mises.org]

  14. t-r0y says:

    This is a very sad day for America and all Americans.

    We will survive, but this burden will slow down the recovery for years.

    • papahoth says:

      @t-r0y: This is less money than we spent in Iraq so far. Have a does of reality.

      • t-r0y says:

        @papahoth: I’ll take your word on the war spending, but that doesn’t excuse this new spending. The war money is gone, but this new spending bill can still be stopped.

        Don’t get me wrong about the war, we need to get out of Iraq (and, no, I don’t have an exit strategy) and CUT SPENDING — not spend more!!!

        • papahoth says:

          @t-r0y: That is what FDR did in 1934 and it increased unemployment and caused a recession during the depression.

          • t-r0y says:

            @papahoth: No, FDR gave more power to the unions and that caused the increase in unemployment.

            Besides, this cannot be compared to the early 1900′s. We were producing goods back then and had a budget surplus. Hell, we we’re the largest creditor in the world, now were the largest debtor. And we can thank our Representatives for that!

  15. robocop is bleeding says:

    Finally! I will use my tax credits to spend money and support American businesses like Circuit City, Linen’s & Things, and K*B Toy- ohwait

  16. PlasmaMachine says:

    I’m not in favor of such a massive package and I see tons of people complaining about the stimulus package and how it’s going to eff things up, but I never see them offer a solution or alternative to it either. So I ask you Internet Economist, what’s the real solution? I’d like to know.

    • t-r0y says:

      @PlasmaMachine: DO NOTHING! Let the free market decide. The government has already screwed things up enough.

      • BlazerUnit says:

        @t-r0y:
        We deregulated to let banks and insurance companies merge, and all they did was invest in peverse vehicles like credit default swaps and collateralized debt obligations–both of which were unregulated from birth. The same financial giants then loosened consumer credit standards to cash in on these, gaining short term profits on the backs of both the stupid and the honest in borrowers–until the housing bubble pops and too many people started falling behind on their mortgages.

        FUNK the free market. Businesses don’t deserve to operate without regulation, they’ve proven it time and time again.

    • Bahnburner says:

      @PlasmaMachine: End corporate taxes (offshore companies will flock to locate or relocate here) as well as individual income tax, Institute a Federal Sales Tax (taxpayers will KNOW exactly how much they are taxed with each transaction (issue tax credit checks to those below the poverty line so they will in effect not pay tax). Sit back and watch America’s economy roar.

      • hypnotik_jello says:

        @Bahnburner: so uh, without income tax, how will things like infrastructure, public transit, education, and other items be financed? Guess it doesn’t matter if you’re rich and well off

        • B says:

          @hypnotik_jello: Duh, we don’t need those things. Although, when the army’s paychecks start bouncing, we’re going to have a lot of angry soldiers, who have access to a lot of guns. So I recommend investing in bullet proof vests.

        • HIV 2 Elway says:

          @hypnotik_jello: Did you miss the part about a federal sales tax?

        • JimK says:

          @hypnotik_jello: How’d they get done before income tax? History exists for a reason; to be learned from, not ignored.

          • Eyebrows McGee (now with double the baby!) says:

            @JimK: Substantially smaller government (including military), primitive infrastructure, and import/export tarriffs that would cripple a modern economy.

            • t-r0y says:

              @Eyebrows McGee: What an obvious Straw Man. We need a strong government to protect our rights (police, courts, military), not take them away. What we don’t need is a bunch of targeted pork projects that do more to hurt the economy than help.

              When the government takes a dollar away from me to spend on it’s pet project (e.g. a frisbee golf course), that’s one less dollar I have to spend on what I want to spend it on (food, car, education, chicken wings). They have taken my liberty, my freedom, when they take that dollar.

              • BlazerUnit says:

                @t-r0y: That is an absolute garbage example you put forth. Your liberty isn’t being taken way by paying taxes, they’re being enhanced. Economists of all ideologies have shown that government spending on the public generates benefits worth more than what it actually spent. You have clean water, safe products, hospitals, police & fire protection, an educated populace, and so on and so forth.

                To complain about ‘da gubmint’ taking away too much money simply speaks that YOUR business model needs fixing.

                • t-r0y says:

                  @BlazerUnit: Another straw man.

                  I’m not anti-government. I’m not arguing against police, military, courts, etc (or even clean water). It’s the unnecessary, targeted, special interest spending that needs to go. The federal government DOES NOT need to build a frisbee golf course!

    • JimK says:

      @PlasmaMachine: The answer to crushing debt is NEVER, EVER to get in more debt. It’s to reign in your spending, pare down your expenses and start saving. You have to look at certain things and say “I’m sorry but we simply cannot afford that right now.”

      That applies to one person or 300-odd million people. It’s still the same basic principle: you cannot borrow your way out of debt.

      • B says:

        @JimK: Japan tried exactly this when their housing/banking bubble burst in the late 80s. They ended up with a 10 year recession that was only fixed when the Government started cutting taxes and increasing spending.

        • JimK says:

          @B: Oh! I wasn’t aware that japan wasn’t currently experiencing a new financial crisis based in part on debt spending, or that this country is the same as Japan. Awesome economic and historical lesson, thanks. ::blank stare::

          You really think you can fix a recession by passing the largest pork package in all of human history? Really? You really believe this is the answer, to spend another trillion-plus dollars?

          • papahoth says:

            @JimK: Yes, except its not enough. You seem to have no sense that we could be staring at the next great depression. The idiot that was in the White House has managed to screw up things worse than your mind can imagine. If 100% of the money was used to hire government workers, that would help the country. If it was handed out to sailors to spend on drunken debauchery, that would help the country. Buying things means more jobs for people to pay tax and not take welfare. Get real.

            • JimK says:

              @papahoth: Wow.

              We have fundamentally differing views on smart financial policy as well as diametrically opposing views on what the United States of America is even supposed to be in the first place. A nation employed by the government? That is literally insane to me.

    • Trai_Dep says:

      @PlasmaMachine: What, living in a cave, wearing animal skins and bartering with shiny stones doesn’t count as an alternative? How close-minded of you!

    • your new nemesis says:

      @PlasmaMachine: There are a lot of conservative figure heads (Rush Limbaugh, Glenn Beck, Neal Boortz (?)) that have presented a whole variety of solutions. Some good, some dumb and acinine, but still alternatives. These guys are probably one of the most heard and recognized voices nationally outside of music, though not always very popular.
      Also [www.fairtax.org]

      • BlazerUnit says:

        @skizsrodt: The ‘fairtax’ is a scam to defeat a progressive tax system that keeps the burden off of the middle class and poor. No wonder so many power people love the idea.

  17. The_Gas_Man says:

    Now we know which Republicans to kill when this POS wrecks us even more.

  18. K J says:

    * $2 billion earmark for FutureGen near zero emissions powerplant in Mattoon, IL
    * $39 billion slush fund for “state fiscal stabilization” bailout
    * $5.5 billion for making federal buildings “green” (including $448 million for DHS HQ)
    * $200 million for workplace safety in USDA facilities
    * $275 million for flood prevention
    * $65 million for watershed rehabilitation
    * $200 million for public computer centers at community colleges and libraries
    * $650 million for the DTV transition coupon program
    * $307 million for constructing NIST office buildings
    * $1 billion for administrative costs and construction of NOAA office buildings
    * $100 million for constructing U.S. Marshalls office buildings
    * $300 million for constructing FBI office buildings
    * $800 million for constructing Federal Prison System buildings and facilities
    * $10 million to fight Mexican gunrunners
    * $1.3 billion for NASA (including $450 million for “science” at NASA)
    * $100 million to clean up sites used in early U.S. atomic energy program
    * $10 million for urban canals
    * $2 billion for manufacturing advanced batteries for hybrid cars
    * $1.5 billion for carbon capture projects under sec. 703 of P.L. 110-140 (though section only authorizes $1 billion for five years)
    * $300 million for hybrid and electric cars for federal employees
    * $198 million to design and furnish the DHS headquarters
    * $255 million for “priority procurements” at Coast Guard (polar ice breaker)
    * $500 million for State and local fire stations
    * $180 million for construction of Bureau of Land Management facilities
    * $500 million for wildland fire management
    * $110 million for construction for the U.S. Fish and Wildlife Service
    * $522 million for construction for the Bureau of Indian Affairs
    * $650 million for abandoned mine sites
    * $75 million for the Smithsonian Institution
    * $1.2 billion for summer jobs for youth
    * $412 million for CDC headquarters
    * $500 million earmark for NIH facilities in Bethesda, MD
    * $160 million for “volunteers” at the Corp. for National and Community Service
    * $750 earmark for the National Computer Center in MD
    * $224 million for International Boundary and Water Commission – U.S. and Mexico
    * $850 million for Amtrak
    * $100 million for lead paint hazard reduction

  19. Plates says:

    We are screwed. Next time, I am voting for the other set of corrupt bastards.

    • Ingram81 says:

      @Plates: It’s so funny. Yesterday was an awesome day on the stock market, then the President gave a speech last night, and today is a hellacious day on the market.

      “What the market giveth, Obama taketh away.” is my quote of the day.

      • chauncy that billups says:

        @Ingram81: Yesterday wasn’t awesome. You were thinking of friday. The rally then and the tanking today had to do with the fact that there was a rumor that mark-to-market would be suspended. When it didn’t happen, investors moved out of equities.

        • Ingram81 says:

          @bilups: Actually, Monday was my high. Friday was the big climb, Monday was the flat line. Monday after the close things started going to crap. Hmm what else happened that night…

  20. Trai_Dep says:

    Meanwhile, Karl Marx quietly gnashes his teeth over the fact that in a mere eight years, the US Republican Party made possible what tens of millions of printings of his book were unable to do.
    Win! Err, win?

    • Ingram81 says:

      @Trai_Dep: Yes that’s right.

      But the fact is that the liberal democrats are the ones actually selling this country out. There are other options.

    • kreatre2009 says:

      @Trai_Dep:

      If that’s a criticism of the spineless Republicans who voted for that larded down socialist bill, I agree. Political expediency is NEVER good for the country.

      • Trai_Dep says:

        @kreatre2009: Guys, you DO realize that the last time that policy-makers sat on their hands and did nothing in the face of all this mess, the commercial paper market almost froze, right?
        You DO know how unimaginably catastrophic that would have been, right?

        Y’all aren’t in a position to complain that the firemen trashed your carpet, since you went ahead and let your crazy uncle play with matches and gasoline in the living room unattended. So try to give him your support while he tries to extricate you from the sorry mess you created, okay?

        • Ingram81 says:

          @Trai_Dep: The only reason that there was even gas and matches in the house was my grand uncle was too busy porking a fatty to notice his friends dropping the items off.

  21. gqcarrick says:

    Why didn’t Ron Paul win the Republican nomination? Atleast he had ideas that made sense.

    • JimK says:

      @gqcarrick: Because outside of a few sound ideas he was nuttier than Ross Perot. And he wasn’t anything close to a Republican, so there was no reason for that party to support him. He should have been a third-party candidate and he knew it.

      Then of course the Rs picked McCain, who also is nothing much like a Republican and unlike his claims certainly has never been a Reagan conservative, so who the hell knows what is going on.

      We’re all just fVcked, Roman-style. I have accepted that I may see the fall of the Great American Experiment in my lifetime.

      • jamar0303 says:

        @JimK: I think he was a sight better than McCain/Palin (the Palin choice killed his candidacy- most reasonable Republicans turned after that one, I think).

  22. kreatre2009 says:

    Stimulus my A-Hole! It’s filled with lard.

  23. Gorphlog says:

    They couldve just split the 1 trillion dollars amongst all the citizens. there are currently 305,790,834 people in the US that would be $3,270,209 for EVERY PERSON in the US. That would definitley stimulate the economy as virtually every mortgage would be able to be paid off with plenty of money left over to upgrade homes, buy new cars, buy food, electricty etc. But instead we are just gonna throw it at failed companies and wasteful government spending where it will do nothing

    • orlo says:

      @Gorphlog: Whenever you reach an outlandish result in mathematics it’s a good idea to check your results. I agree that the government is going to waste all of this money and it would be nice to get a few grand; but really the money is being printed and all Americans will lose no matter how it is allocated.

  24. Righteous says:

    Folks from Pennsylvania, or those who pay much attention to politics know that Arlen Specter is a faux Republican. Therefore, only two Republicans supported the bill. Really though, it doesn’t matter. Republican or Democrat, they both will continue to sell our country and our future generations out, and they both yield to further the agenda of the Zionists.

  25. JimK says:

    This is simply insane at this point.

    [tinyurl.com]

    No one with any kind of sense can possibly support this nonsense.

    • JimK says:

      @JimK: Well that didn’t work…the link was supposed to go to a discussion of the NINE TRILLION TOTAL DOLLARS we are committing to this nonsense. It’s completely insane.