Author Topic: Prolific Spending  (Read 1615 times)

Offline Spell Chick

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Prolific Spending
« on: May 03, 2009, 11:12:02 AM »
I will admit right up front, I do not think of President Obama as The Savior or even a prince. I think he is an ill-equipped man facing an impossible job. I don't know if anyone was properly equipped for this disaster, but a junior senator was not it.

So, what have our tax dollars been spent on this past week? Mr. Most Biggest Spender of the Senate has remained true to his past and helped us with our economy this week.

First there was the Swine Flu Pandemic to deal with. This media event was brought to you by inaccurate media hype and frightened people in the streets clamoring for safety. The idiots in charge have gone so far as to appease the media circus by actually wiping out the disease with a stroke of a pen. The World Health Organization stopped Swine Flu by naming it Influenza A H1N1 because that is much easier to deal with.

The media continue to call it Swine Flu because no one is going to continually write out that Influenza A H1N1 crap. Too much shift key involved. And, no one would know what you were talking about or the local idiot on the street would think there was a second killer flu out to decimate the over crowded planet.

At least the WHO is now showing Influenza A H1N1 updates when searching for Swine Flu updates. They aren't top on the list and the most recent thing looks like it is from last month, but they are parsing now.

More people have died of not the Swine Flu since the pandemic was announced than have died of this horrific killer. The media is now pointing out that many well people are flooding hospital emergency rooms because they have been scared half to death by the media telling them we are all going to die of Swine Flu and these silly people believed what they read or heard.

What has our Savior done? Well according to the press, "President Barack Obama has asked Congress for $1.5 billion in emergency funding, but it's unlikely that money would trickle down to local agencies."

Okay, what was this supposed to be for? Well, we needed to stockpile Tamiflu and Relenza. Apparently the evil drug manufacturers who prey on the unsuspecting public at all times trying like hell to just make an extra buck off the ill and infirm, were too stupid to see this money making bonanza. The government needed to waste $1.5 billion in some effort to … what? Did the drug manufacturers need to be forced to produce a hot selling item? This has never happened before.

What else was in the news this week? Chrysler went belly up. Well, they filed Chapter 11. This is after Chrysler Financial got a $1.5 billion bailout in January. This week, they got just a measly, pitiful $500,000 but it's not sure how that is going to really work, since they just filed that whole chapter thing. There is also a couple hundred million, okay, $280,130,000 set aside to cover Chrysler warranties. This doesn't count the billions of dollars also given to the other car makers. This is just Chrysler's share of my money.

I think I am supposed to feel bad for the CEO of Chrysler who will be leaving without any golden parachute. Pity. Mr. Nardelli left Home Depot after earning $32 million his last year and with a $210 million golden parachute. I sure hope he doesn’t end up on welfare now that he is going to have to not get millions of dollars for failing. He, like Lee Iacocca, took only a nominal salary while at Chrysler. He, unlike Iacocca, failed.

The UAW is, of course, distraught. Their bargaining power has just weakened with the forced closing (for at least two months) of Chrysler manufacturing plants. And this, right after they didn't ask for more money. So Obama, the UAW, and Chrysler all lied to the little guy who apparently hadn't noticed that no one is buying cars and so there is no real need to make any more right now, thank you very much. Go home now.

Those individual citizens who over extended themselves after President Clinton changed the laws on lending aren't given the same backing. Their bad choices lead to their own downfall. I just hope all the people who have had their homes taken away from them will get back on their feet and start being able to share the tax burden. Big Government needs their input.

Little Bits of History A short essay on something that happened on any day.

Imperfect Reason My thoughts, such as they are.

Offline eric

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Re: Prolific Spending
« Reply #1 on: May 03, 2009, 11:35:38 AM »
Silly girl.  I already explained to you about the swine flu.  You and I are not epidemiologists, and epidemiologists all over the world were alarmed, and the governments took action as they were supposed to do.  Including Obama.

The entire American economy is threatened by the idiots in Detroit.  Just like it was by the idiots on Wall Steet.  If one of the Big Three goes down, they all go down according to conventional wisdom ... and if that happens we're all in deep shit.  GM is already headed for the skids ... and Obama will be chairman of the board there soon.  The government will probably get a return on its investment in the long run.  This all results from the pathetically incompetent economic policies of Dubya Bush and his cronies, especially the oilman Cheney, who were interested in short-term profits for oil companies and others.

Obama's fixes are radical surgery but they are the only way to get us out of the mess we're in.  It's easy to criticize but if you do, you ought to have a better alternative.  Washing your hands was not good enough to stop a worldwide pandemic, for example ... Mexico taking action to shut down their entire economy was the kind of response that was needed.  And that's what they did.

The real dangerous time for the swine flu, as it was in 1918 with the Spanish, is when the bug migrates to the northern hemisphere next fall.  If we do nothing in the interim, many people could die.  Obsessing on the number that have already died, or not, is just foolish.  The reality requires looking ahead several months.

Or would you rather have a government that just looked backwards?  We had one like that, and it didn't work.

Besides, "prolific" is the wrong word.  You mean "proligate."  I am "prolific" when I make many children or write many poems.  Obama is "profligate" when he spends much, unwisely.
« Last Edit: May 03, 2009, 12:06:43 PM by eric »

Offline eric

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Re: Prolific Spending
« Reply #2 on: May 03, 2009, 01:41:42 PM »
Here is some serious current news about the pig flu.

http://www.nytimes.com/2009/05/02/us/politics/02crisis.html?ref=health

I don't think Obama is ill-equipped.  He's a former Senator, yes, but he also is a brilliant former law professor at one of the best schools in the country, and he has some pretty good ideas.  Read any of his books, Patti?  He has far better credentials than some other moderately successful presidents, like (say) Lincoln.  But the proof will be in how he deals with the country's challenges.  So far, most people say he's doing pretty well.  But the proof is in the pudding.

I won't have anything else to say.  You can believe what you want, it's a free country.  At least what little of it Bush left standing.
« Last Edit: May 03, 2009, 03:09:12 PM by eric »

Offline eric

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Re: Prolific Spending
« Reply #3 on: May 03, 2009, 05:02:34 PM »
I still like you Patti, I just hate it when you get all stupid and Republican on me.  It's like you visit the land of the tiny-brained people on weekends.  Can't Dick talk sense into you in the evenings?

Offline Spell Chick

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Re: Prolific Spending
« Reply #4 on: May 03, 2009, 05:06:46 PM »
I think you are nice, for a Liberal, too.

The WHO is still saying the best way to contain this disease is to wash your hands. Update 9 from May 3.

But I'm just a retired nurse, so I know nothing about health issues. Nothing at all. So don't mind me.
Little Bits of History A short essay on something that happened on any day.

Imperfect Reason My thoughts, such as they are.

Offline eric

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Re: Prolific Spending
« Reply #5 on: May 03, 2009, 07:31:03 PM »
Of course you don't, dear.  But haven't we already determined that the WHO doesn't know what it's talking about?  Played some pretty good music in the day, though.  It was even prolific for a time.

Okay, here's a little history test for you, dollin.  Two questions, name-that-president.

1.  Which president created the first two trillion dollar deficit in the nation's history?

ANSWER:  George W. Bush.  He created the nation's first trillion dollar deficit, while using dishonest accounting practices to hide the other trillion he was spending on the Iraq war.  The two trillion dollar deficit Obama is running is based on realistic accounting practices.

2.   What president is Barack Obama acting most like in his fiscal policies?

ANSWER:  Ronald Reagan.  Reagan used a mix of deficit spending, stimulus packages and spending cuts to get us away from stagflation (with the help of Paul Volker).  Obama is doing the same to get us out of the huge Dubya-inspired crash (with the help of Paul Volker).  While FDR had the same general program, he did not start spending sufficient amounts until late in the 1930s, when WW2 brought us out of the Great Depression.

Whereas Reagan cut taxes irresponsibly and used funny accounting to mask the fact that he was ballooning the nation's debt, bamboozling a generation of Americans to adopt a political philosophy based on trickery, Obama has no intention of doing so.  History will very likely regard Obama much more favorably than Reagan.

If you didn't get either question right, don't worry.  It's not that you're superficial, it's just that crowd of no-nothings you run around with.  At least you didn't elect Jesse Helms.
« Last Edit: May 03, 2009, 09:04:32 PM by eric »