Thursday, January 29, 2009

Times are tough...

I can not even express how stressed and worried I am about all this stimulus package garbage they are talking about. I get so frustrated listening to all the details about this plan! It makes no sense what so ever. The responsibility of paying back all of this debt belongs to our kids and grand kids. The power that the government holds has gotten completely out of control. This whole situation has gotten out of control and I feel so helpless.. there is nothing that I can do and my voice is so small that it is insignificant. I think we are all having hard times right now and could all use some help but this plan is not going to work and it will probably just make matters worse!!
This video from Glen Beck is pretty astonishing. My jaw just about hit the floor when I saw this:

http://www.foxnews.com/video/index.html?playerId=videolandingpage&streamingFormat=FLASH&referralObject=3479955&referralPlaylistId=playlist

and on top of that I tried to find the details that are in this so called "stimulus plan" and can't seem to find any straight forward answers besides from foxnews. Here is some of the ways the government plans to stimulate our economy:
Congress wants to spend $600 million more for the federal government to buy new cars. Uncle Sam already spends $3 billion a year on its fleet of 600,000 vehicles. Congress also wants to spend $7 billion for modernizing federal buildings and facilities. The Smithsonian is targeted to receive $150 million; we love the Smithsonian, too, but this is a job creator? There's $1 billion for Amtrak, the federal railroad that hasn't turned a profit in 40 years; $2 billion for child-care subsidies; $50 million for that great engine of job creation, the National Endowment for the Arts; $400 million for global-warming research and another $2.4 billion for carbon-capture demonstration projects. There's even $650 million on top of the billions already doled out to pay for digital TV conversion coupons.
Another "stimulus" secret is that some $252 billion is for income-transfer payments -- that is, not investments that arguably help everyone, but cash or benefits to individuals for doing nothing at all. There's $81 billion for Medicaid, $36 billion for expanded unemployment benefits, $20 billion for food stamps, and $83 billion for the earned income credit for people who don't pay income tax. While some of that may be justified to help poorer Americans ride out the recession, they aren't job creators. $54 billion will go to federal programs that the Office of Management and Budget or the Government Accountability Office have already criticized as "ineffective" or unable to pass basic financial audits. These include the Economic Development Administration, the Small Business Administration, the 10 federal job training programs, and many more. Oh, and don't forget education, which would get $66 billion more. That's more than the entire Education Department spent a mere 10 years ago
This is supposed to be a new era of bipartisanship, but this bill was written based on the wish list of every living -- or dead -- Democratic interest group. As Speaker Nancy Pelosi put it, "We won the election. We wrote the bill." So they did. Republicans should let them take all of the credit.
I found all this info on http://www.askheritage.org/
Seriously does any of that REALLY sound stimulating?? Doesn't to me.. not in the least. We're struggling too and wish that the economy was back to normal but this is not the way to go about it. But we might as well deal with it because this is going to happen and there is nothing we can do about it!

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