Obama's claim of tracking 'every dime' of stimulus delayed until 2010...

Discussion in 'Politics' started by faceking, May 6, 2009.

  1. faceking

    faceking Well-Known Member

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  2. faceking

    faceking Well-Known Member

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    defend away....
     
  3. Industrialsize

    Staff Member Moderator Gold Member

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    First, the healine is YOURS and not the article's

    Second, from the last paragraph:

    Elin said the Obama administration is moving relatively quickly to gather and present massive amounts of data.
     
  4. D_Ireonsyd_Colonrinse

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    Of course "every dime" will not be able to get "tracked" from a $787 billion stimulus project (didn't tens of billions of Iraqi reconstruction money "vanish" - and remain unaccountable - under George W. Bush?)

    Part of the problem with these cheapie little hit jobs that faceking and starinvestor love to dish out is: No workable alternatives are presented. It's just a further extension of the "party of no". Hit and run political links are posted.

    Saying "no" is easy. Digging up news links that say a presidential policy isn't working - or is unworkable - is childishly simple. Where are the conservative news links that propose a workable plan for the next couple years?

    Republican House leaders proposed a complete "spending freeze" until the end of the fiscal year to get us out of the recession.

    Spending freezes don't get the unemployed working again. Don't loosen up credit. Don't inspire people with the confidence to open up their wallets and buy a new car or purchase that house -- or promote any spending that gets the gears of the economy cranking again.

    This is what Trinity does. She scans newsites for articles and columns bashing Obama, then posts a link. Presto! A new anti-Obama thread! The problem is conservatives have no unified vision (beyond empty tea parties) to get the banking systems healthy again, to get the unemployed population working again, to get the economy buzzing.

    Whatever Obama tries, conservatives are quick to point out why this or that new policy "won't work" -- then they offer up nothing in return more than tea parties, "tax cuts" and cries of "socialism!".
     
  5. Narcisse

    Narcisse Member

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  6. D_Tully Tunnelrat

    D_Tully Tunnelrat New Member

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  7. mikeyh9in

    mikeyh9in Active Member

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    "Mission Accomplished" - George Bush, May 1, 2003!

    "The war will last weeks, not months" -Cheney AND Rumsfeld, February, 2003

    I wish I was making this stuff up.

    Some 6 years later, $800 Billion dollars spent (and a *lot* simply missing), and hundreds of millions of dollars into the pockets of Bush and Cheney's friends, we are still there.

    Let me remind you that there were plenty of outspoken critics calling "bullshit" at the time.

    I'm willing to give Obama's administration a few extra months to get there spreadsheet in order.

     
  8. pym

    pym New Member

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  9. Trinity

    Trinity New Member

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    Is your argument Bush lost tens of billions of dollars so Obama can too? Bush was a lousy President so Obama should get to be kinda lousy too? :rolleyes:

    Your little talking point "The Party of no...with no alternative" is getting trite. There are no cheap little hit jobs. Obama is formulating policy for the next ten years. This stimulus is supposed to stimulate the economy during a Global Economic Crisis (remember IndustrialSize posting it in big bold letters? Remember Obama talking about dire economic conditions to pass it?) If Obama's solution proves to be wasteful and the transparency promised is lagging or incomplete, then that is not a cheap shot...that is appropriate evaluation of Obama's job performance.

    The media is covering the problems, inconsistencies and flaws with Obama's presidential policies. They are valid and are presented by the mainstream media and in the bloggisphere and your response is: in order to post those articles detailing problems, inconsistencies, and flaws in Obama's policies a link to a proposed workable plan must be posted. You don't get to make that requirement. The buck stops with Obama because he wanted to be President. If Obama is in charge, the burden of making it work is on him.

    I don't scan newsites for articles bashing Obama...the articles I find that fairly and accurately discuss Obama's policies usually are one of the top stories of the day. Of course the Republicans have a plan to get the banking system healthy, the unemployed working again and the economy buzzing.

    Office of the Republican Whip :: Stronger and Simpler Stimulus

    Not so.
     
  10. B_VinylBoy

    B_VinylBoy New Member

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    I hope for Trinitroll's sake that she's not holding a lightning rod... :rolleyes:
     
  11. D_Ireonsyd_Colonrinse

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    Trinity re-posted and commented on paragraphs from my previous post while, glaring, leaving this section out:

    willtom: "Republican House leaders proposed a complete "spending freeze" until the end of the fiscal year to get us out of the recession.

    Spending freezes don't get the unemployed working again. Don't loosen up credit. Don't inspire people with the confidence to open up their wallets and buy a new car or purchase that house -- or promote any spending that gets the gears of the economy cranking again."


    The republican "spending freeze" was on of the most significant "alternatives" to the Obama stimulus they could come up with.

    Let's hear what conservative David Brooks thought about republican House minority leader John Boehner's proposed "spending freeze":

    YouTube - David Brooks- Spending Freeze is Just Insane


    Let's hear what Rachel Maddow and Colin Powell said about this "spending freeze":

    YouTube - Powell Says "NO" to GOP's "Spending Freeze"


    YouTube - Boehner Floor Speech Calls for Spending Freeze
     
  12. Trinity

    Trinity New Member

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    Colin Powell asks a number of questions in Maddow's interview. The answer is discretionary spending and optional spending.

    GOP Proposes Budget Plan to Freeze Spending - FOXBusiness.com

    Foxbusiness.com

    The Republications proposed a spending freeze on the programs that are discretionary. Republicans kept programs at current levels, kept the promise to seniors with Social Security and Medicare, the Defense budget, and kept the government running. The Republicans simply offered amendments to the budget on spending that was not feasible or wise in our current situation.

    This is the budget not the stimulus. Obama isn't supposed to be spending money he doesn't have in the first place. :rolleyes:
     
  13. faceking

    faceking Well-Known Member

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    Ah the "bush did it too" argument...
     
  14. D_Tully Tunnelrat

    D_Tully Tunnelrat New Member

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    Ah the old I am not living in a glass house argument...
     
  15. pym

    pym New Member

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    Living proof that chronic masturbation completely brutalizes the intellect.
    Seething with self hatred.....when everything was given to the undeserving Mistakenly whelped misanthrope. Radiating hatred to all not in subscription to the MASTER plan. A legend in his own mind, and relentlessly self-promoting. A lover of all the cardinal ism's {and jism's} and hater of the land of freedom. Our Freedom. Ringmaster to the freakshow that plays relentlessly in his head. Your Mom's calling......can't you hear?

    YouTube - Alice Cooper-Steven
     
  16. midlifebear

    Gold Member

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    Just watched a loooooooong pod cast interview with Neer Kashnir (sp?) the one guy left as the assistant secretary of the treasury from the Bush regime and asked to stay on by Obama as Charlie Rose did his best to get clear cut answers about what the fuck happened and who and why decided on that 700 billion was the right number for the first bailout money while Bush lite was alerted the economy was going to Hell in a hand basket back in September 2008.

    I have to admit the "kid" made a lot of sense, even though he's a product of Wall Street. Cool, clear-headed, smart, and rarely during the pod cast did he NOT give a direct answer to Rose's pointed interrogation. He only declined to answer when his response would have directly maligned a particular lending or insurance institution. He resigned from his post about three weeks ago not because he "couldn't possibly work for Obama", but because he was tired and needs a rest. He seems to be the only guy who knows where all the bones and bodies were and still are buried and was the ONLY continuous thread of intelligence helping Bernanke (sp?) and Geitner(sp?) figure out how to proceed with the first chunk of stimulus billies.

    According to this rather bright financial wunderkinder there is a process in place that allows micro economists slaving for the treasury to see where all of the "stimulus" money is being spent. The haughty macro economists can also use the same required reports that were a bit hastily cobbled together for the months of October, November and December of 2008 and which are now smoothly being generated by the treasury as required by law to show what financial institutions are doing and what with the billions they are receiving. So far, there's still 350 of the original 700 billion "earmarked" for distribution. So, I'm thinking that there is a way to chase down at least every Dollar if not every "dime."

    You can find the pod cast on Youtube under Charlie Rose or Neer Kashnir. Unlike the tools who post inflammatory tabloid-like "the sky is falling!" posts in these political forums, it's refreshing (though extremely time-consuming) to sit through a 1.5 hour YouTube video of a very bright, intelligent, and more than just "well informed" youngster who was more than happy to continue working on the current economic disaster at the behest of Obama, which included his hiring of several hundred financial experts from the fields of academia, Wall Street, and banks that were and remain solvent without any hand outs from TARP regardless of political agendas. Smart kid. And he's (shhhhhhh) a Republican who is having second thoughts about continuing with that label! Go figure.
     
    #16 midlifebear, May 8, 2009
    Last edited: May 8, 2009
  17. sparky11point5

    sparky11point5 New Member

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    Midlife-B, thanks, from those of us actually like facts over opinion!
     
  18. sparky11point5

    sparky11point5 New Member

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    Just a note from reality. Organizations that follow generally-accepted accounting principles (GAAP) usually apply a 'level of materiality'. This means simply that in an audit you ignore amounts under a certain threshold. Accounts do balance to the penny, but there is almost always some 'wash' accounts that help make this happen. For example, PG&E in the 90's had a LOM of $1M.

    I am not suggesting that wasting stimulus money is OK, just point out how big organizations *actually* work. I have not worked in government, but the LOM is much lower for these audits, as I understand.

    Cuz, I have a job in real life, and well, know these things. :)
     
  19. Trinity

    Trinity New Member

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    In several articles on concern over the great potential for Waste, Mismanagement and Fraud due to the flaws of the Obama Stimulus Package, it had already been noted: that the States did not have the human resources or the funding to track the stimulus to meet the requirements set out by the Obama Administration.

    One good thing is...MicroSoft is providing assistance by offering software that should help because it integrates with MicroSoft Office. Stimulus360

    However, what remains major concerns are the following facts: the Obama Administration is still just considering helping States with funding to track, States need more man power and tracking rules have yet to be established:

    State Stimulus Tracking Rules and Funding Help May Be Coming - by Steve Towns, May 4, 2009 - govtech.com

    Funding Rules Force Wasteful Government Technology Spending, State CIOs Say - by Steve Towns, May 1, 2009 - govtech.com

    :rolleyes:
     
  20. Industrialsize

    Staff Member Moderator Gold Member

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    We get it already, there is absolutely NOTHING that President Obama can do that will ever please you. You've made this point perfectly clear over and over and over and over. At least Rush is entertaining when he continues to make the SAME point.
     
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