$825 Billion Stimulus Plan

NEW -> Contingent Buyer Assistance Program
[quote author="green_cactus" date=1233668941][quote author="irvine123" date=1233638689]CNBC published the following list of some of the measures in the stimulus. It was supplied to the Citizens Against Government Waste by Sen. Tom Coburn (R.-Okla.).



$2 billion earmark to re-start FutureGen, a near-zero emissions coal power plant in Illinois that the Dept. of Energy defunded last year because the project was inefficient

$246 million tax break for Hollywood movie producers to buy motion picture film

$650 million for the digital television (DTV) converter box coupon program

$88 million for the Coast Guard to design a new polar icebreaker (arctic ship)

$448 million for constructing the Dept. of Homeland Security headquarters

$248 million for furniture at the new Dept. of Homeland Security headquarters

$600 million to buy hybrid vehicles for federal employees

$400 million for the CDC to screen and prevent STD's

$1.4 billion for a rural waste disposal programs

$125 million for the Washington, D.C. sewer system

$150 million for Smithsonian museum facilities

$1 billion for the 2010 Census, which has a projected cost overrun of $3 billion

$75 million for "smoking cessation activities"

$200 million for public computer centers at community colleges

$75 million for salaries of employees at the FBI

$25 million for tribal alcohol and substance abuse reduction

$500 million for flood reduction projects on the Mississippi River

$10 million to inspect canals in urban areas

$6 billion to turn federal buildings into "green" buildings

$500 million for state and local fire stations

$650 million for wildland fire management on Forest Service lands

$150 million for Smithsonian museum facilities

$1.2 billion for "youth activities," including youth summer job programs

$88 million for renovating the headquarters of the Public Health Service

$412 million for CDC buildings and property

$500 million for building and repairing NIH facilities in Bethesda, MD

$160 million for "paid volunteers" at the Corporation for National and Community Service

$5.5 million for "energy efficiency initiatives" at the VA "National Cemetery Administration"

$850 million for Amtrak

$100 million for reducing the hazard of lead-based paint

$75M to construct a new "security training" facility for State Dept Security officers when they can be trained at existing facilities of other agencies.

$110 million to the Farm Service Agency to upgrade computer systems

$200 million in funding for the lease of alternative energy vehicles for use on military installations.</blockquote>


Let's say all these items are cut. Wouldn't the package still be around $800bn or so? There are no big ticket items on this list. If they *really* object, they should start looking at items that actually make a big dent in the numbers.</blockquote>


$5.2 billion is going to ACORN.
 
Odd... I could have sworn I posted another reply to Profette earlier, as I clearly remember typing it.
 
[quote author="WINEX" date=1233669561]$5.2 billion is going to ACORN.</blockquote>


Is that from your overlord Limbaugh or did Drudge come up with this gem?? The bill has serious flaws, I'm not denying that; but now you are just making up stuff.



The closest I could find was Joe Boehner saying:



"The legislation could open billions of taxpayer dollars to left-wing groups like the Association of Community Organizations for Reform Now (ACORN), which has been accused of voter fraud, is reportedly under federal investigation; and played a key role in the housing meltdown. "



So, Boehner speculates about something and immediately it gets preached as infallible truth. How exactly is ACORN getting their hands on these billions?
 
Is there anyone here who voted for Obama who supports this "spending of borrowed, non-existent money" plan? Is there anybody here who thinks that this spending of borrowed money plan will stimulate the economy?





I can not call it a "stimulus" plan without vomiting.
 
[quote author="awgee" date=1233730488]Is there anyone here who voted for Obama who supports this "spending of borrowed, non-existent money" plan? Is there anybody here who thinks that this spending of borrowed money plan will stimulate the economy?





I can not call it a "stimulus" plan without vomiting.</blockquote>


I heard that Rush is calling it a PORKULUS program.
 
<em>Most commentators misunderstand the true moral hazard of bailouts. While bailouts might have an adverse effect on the future actions of individuals and businesses by encouraging risk taking, the real problem is their effects on future actions of the government. Specifically, each bailout makes it harder to say no to the next bailout. This pressure to fund future bailouts is made far worse if those receiving bailout money are truly undeserving. After all, if the government is going to give $45 billion to Citigroup (one of the banks responsible for our current mess) and insure $306 billion of its riskiest assets, then how can it say no to bailing out the state of California or South Carolina?



This "me too" phenomenon will get much worse after the Treasury market collapses, and the Fed starts monetizing the Treasuries that were sold to fund the current bailouts. If the Fed printed money to bail out the banks, why shouldn't it print more money to fund unemployment benefits? Politically speaking, you can't bail out the irresponsible and then let the responsible sink, which means congress isn't going to be saying no to a lot of the bailout requests this year. Unfortunately, these bailouts will become increasingly meaningless because, when you bail out everyone, you bail out no one as you destroy your currency.</em>



- Eric deCarbonnel, Market Oracle
 
[quote author="green_cactus" date=1233723283][quote author="WINEX" date=1233669561]$5.2 billion is going to ACORN.</blockquote>


Is that from your overlord Limbaugh or did Drudge come up with this gem?? The bill has serious flaws, I'm not denying that; but now you are just making up stuff.



The closest I could find was Joe Boehner saying:



"The legislation could open billions of taxpayer dollars to left-wing groups like the Association of Community Organizations for Reform Now (ACORN), which has been accused of voter fraud, is reportedly under federal investigation; and played a key role in the housing meltdown. "



So, Boehner speculates about something and immediately it gets preached as infallible truth. How exactly is ACORN getting their hands on these billions?</blockquote>


<a href="http://www.foxnews.com/politics/first100days/2009/01/27/republican-leaders-raise-concerns-acorn-stimulus-dollars/">Here you go.</a> There's 4.19 billion of it. The other billion is spread through other programs.
 
[quote author="WINEX" date=1233827880][quote author="green_cactus" date=1233723283][quote author="WINEX" date=1233669561]$5.2 billion is going to ACORN.</blockquote>


Is that from your overlord Limbaugh or did Drudge come up with this gem?? The bill has serious flaws, I'm not denying that; but now you are just making up stuff.



The closest I could find was Joe Boehner saying:



"The legislation could open billions of taxpayer dollars to left-wing groups like the Association of Community Organizations for Reform Now (ACORN), which has been accused of voter fraud, is reportedly under federal investigation; and played a key role in the housing meltdown. "



So, Boehner speculates about something and immediately it gets preached as infallible truth. How exactly is ACORN getting their hands on these billions?</blockquote>


<a href="http://www.foxnews.com/politics/first100days/2009/01/27/republican-leaders-raise-concerns-acorn-stimulus-dollars/">Here you go.</a> There's 4.19 billion of it. The other billion is spread through other programs.</blockquote>


Of course you have to quote FOX news as the "reliable" source in this case. Come on, you know better than that. The article presents speculation by Boehner as fact and doesn't even challenge it. You may be interest on what ACORN has to say about it.



<em>We have not received neighborhood stabilization funds, have no plans to apply for such funds, and didn't weigh in on the pending rule changes. </em>(ACORN CEO and Chief Organizer Bertha Lewis)



Stop spreading outright lies.
 
[quote author="awgee" date=1233730488]Is there anyone here who voted for Obama who supports this "spending of borrowed, non-existent money" plan? Is there anybody here who thinks that this spending of borrowed money plan will stimulate the economy?





I can not call it a "stimulus" plan without vomiting.</blockquote>
I guess Obama is human after all.
 
[quote author="green_cactus" date=1233835305][quote author="WINEX" date=1233827880][quote author="green_cactus" date=1233723283][quote author="WINEX" date=1233669561]$5.2 billion is going to ACORN.</blockquote>


Is that from your overlord Limbaugh or did Drudge come up with this gem?? The bill has serious flaws, I'm not denying that; but now you are just making up stuff.



The closest I could find was Joe Boehner saying:



"The legislation could open billions of taxpayer dollars to left-wing groups like the Association of Community Organizations for Reform Now (ACORN), which has been accused of voter fraud, is reportedly under federal investigation; and played a key role in the housing meltdown. "



So, Boehner speculates about something and immediately it gets preached as infallible truth. How exactly is ACORN getting their hands on these billions?</blockquote>


<a href="http://www.foxnews.com/politics/first100days/2009/01/27/republican-leaders-raise-concerns-acorn-stimulus-dollars/">Here you go.</a> There's 4.19 billion of it. The other billion is spread through other programs.</blockquote>


Of course you have to quote FOX news as the "reliable" source in this case. Come on, you know better than that. The article presents speculation by Boehner as fact and doesn't even challenge it. You may be interest on what ACORN has to say about it.



<em>We have not received neighborhood stabilization funds, have no plans to apply for such funds, and didn't weigh in on the pending rule changes. </em>(ACORN CEO and Chief Organizer Bertha Lewis)



Stop spreading outright lies.</blockquote>


LOL! You are so predictable. I could have pulled the quote from John Boehner from numerous sources. I simply picked the source I did to elicit this reaction. It's not surprising that you would think that the head of a criminal organization is more credible than an easily checked report from a major news organization.
 
[quote author="WINEX" date=1233871372][quote author="green_cactus" date=1233835305][quote author="WINEX" date=1233827880][quote author="green_cactus" date=1233723283][quote author="WINEX" date=1233669561]$5.2 billion is going to ACORN.</blockquote>


Is that from your overlord Limbaugh or did Drudge come up with this gem?? The bill has serious flaws, I'm not denying that; but now you are just making up stuff.



The closest I could find was Joe Boehner saying:



"The legislation could open billions of taxpayer dollars to left-wing groups like the Association of Community Organizations for Reform Now (ACORN), which has been accused of voter fraud, is reportedly under federal investigation; and played a key role in the housing meltdown. "



So, Boehner speculates about something and immediately it gets preached as infallible truth. How exactly is ACORN getting their hands on these billions?</blockquote>


<a href="http://www.foxnews.com/politics/first100days/2009/01/27/republican-leaders-raise-concerns-acorn-stimulus-dollars/">Here you go.</a> There's 4.19 billion of it. The other billion is spread through other programs.</blockquote>


Of course you have to quote FOX news as the "reliable" source in this case. Come on, you know better than that. The article presents speculation by Boehner as fact and doesn't even challenge it. You may be interest on what ACORN has to say about it.



<em>We have not received neighborhood stabilization funds, have no plans to apply for such funds, and didn't weigh in on the pending rule changes. </em>(ACORN CEO and Chief Organizer Bertha Lewis)



Stop spreading outright lies.</blockquote>


LOL! You are so predictable. I could have pulled the quote from John Boehner from numerous sources. I simply picked the source I did to elicit this reaction. It's not surprising that you would think that the head of a criminal organization is more credible than an easily checked report from a major news organization.</blockquote>


You still don't provide evidence that ACORN <strong>will</strong> get this money. You just parrot your ideological overlords without even a pinch of skepticism. I feel sad for people that can't think for themselves ... oh well, believe whatever you are fed and close your eyes to facts.
 
[quote author="green_cactus" date=1233878810][quote author="WINEX" date=1233871372][quote author="green_cactus" date=1233835305][quote author="WINEX" date=1233827880][quote author="green_cactus" date=1233723283][quote author="WINEX" date=1233669561]$5.2 billion is going to ACORN.</blockquote>


Is that from your overlord Limbaugh or did Drudge come up with this gem?? The bill has serious flaws, I'm not denying that; but now you are just making up stuff.



The closest I could find was Joe Boehner saying:



"The legislation could open billions of taxpayer dollars to left-wing groups like the Association of Community Organizations for Reform Now (ACORN), which has been accused of voter fraud, is reportedly under federal investigation; and played a key role in the housing meltdown. "



So, Boehner speculates about something and immediately it gets preached as infallible truth. How exactly is ACORN getting their hands on these billions?</blockquote>


<a href="http://www.foxnews.com/politics/first100days/2009/01/27/republican-leaders-raise-concerns-acorn-stimulus-dollars/">Here you go.</a> There's 4.19 billion of it. The other billion is spread through other programs.</blockquote>


Of course you have to quote FOX news as the "reliable" source in this case. Come on, you know better than that. The article presents speculation by Boehner as fact and doesn't even challenge it. You may be interest on what ACORN has to say about it.



<em>We have not received neighborhood stabilization funds, have no plans to apply for such funds, and didn't weigh in on the pending rule changes. </em>(ACORN CEO and Chief Organizer Bertha Lewis)



Stop spreading outright lies.</blockquote>


LOL! You are so predictable. I could have pulled the quote from John Boehner from numerous sources. I simply picked the source I did to elicit this reaction. It's not surprising that you would think that the head of a criminal organization is more credible than an easily checked report from a major news organization.</blockquote>


You still don't provide evidence that ACORN <strong>will</strong> get this money. You just parrot your ideological overlords without even a pinch of skepticism. I feel sad for people that can't think for themselves ... oh well, believe whatever you are fed and close your eyes to facts.</blockquote>


<strong>For a further additional amount for ?Community Development Fund?, $4,190,000,000, to be used for neighborhood stabilization activities related to emergency assistance for the redevelopment of abandoned and foreclosed homes</strong> as authorized under division B, title III of the Housing and Economic Recovery Act of 2008 (Public Law 110-289), of which--



(1) not less than $3,440,000,000 shall be allocated by a competition for which eligible entities shall be States, units of general local government,<strong> and nonprofit entities or consortia of nonprofit entities</strong>: Provided, That the award criteria for such competition shall include grantee capacity, leveraging potential, targeted impact of foreclosure prevention, and any additional factors determined by the Secretary of Housing and Urban Development: Provided further, that the Secretary may establish a minimum grant size: Providedfurther, That amounts made available under this Section may be used to (A) establish financing mechanisms for purchase and redevelopment of foreclosed-upon homes and residential properties, including such mechanisms as soft-seconds, loan loss reserves, and shared-equity loans for low- and moderate-income homebuyers; (B) purchase and rehabilitate homes and residential properties that have been abandoned or foreclosed upon, in order to sell or rent such homes and properties; (C) establish and operate land banks for homes that have been foreclosed upon; (D) demolish foreclosed properties that have become blighted structures; and (E) redevelop demolished or vacant foreclosed properties in order to sell or rent such properties;



ACORN is the first non profit Community Redevelpment that comes to mind.



Then go to their <a href="http://www.acorn.org/">website</a>



And the banner is <blockquote>Take Action: Tell Your Senator to Support the Job and Economic Recovery Bill </blockquote>


Acorn of course goes on to say the reports that they will get all 4.19 billion.



I would be willing to wager that when it all shakes out ACORN will get some of that 4.19 Billion just not all of it.



It is not written in stone they will get the money but .......
 
[quote author="trrenter" date=1233887927]It is not written in stone they will get the money but .......</blockquote>


since Rush and Rove are advancing this falsehood, it must be true.
 
[quote author="green_cactus" date=1233891134][quote author="trrenter" date=1233887927]It is not written in stone they will get the money but .......</blockquote>


since Rush and Rove are advancing this falsehood, it must be true.</blockquote>
You know... I distinctly remember everyone on the left flipping out about Halliburton getting a bunch of no-bid contracts in Iraq, claiming it was all a payoff to the Bush/Cheney cronies, when the truth was that there are very few companies that could have handled those contracts and only one in the US. It stood to reason that the one American company that could have done the job actually got the job.



Well, now you have very specific language being used in an appropriations bill (thanks trrenter) that narrowly defines who and what can get that specific amount of money, so it stands to reason that the single largest organization that fits the description is probably going to get the lion's share of the money.



You can argue that this is political payback or a wealth transfer or a party-backed re-election strategy, just as it was argued that we went to war in Iraq for oil or to avenge Saddam's attempt on Bush41 or to feed Halliburton's investors fat stacks of cash. What you can't argue against is that ACORN is the logical beneficiary of this section of the bill because it was clearly intended to benefit their kind of organization.
 
[quote author="green_cactus" date=1233891134][quote author="trrenter" date=1233887927]It is not written in stone they will get the money but .......</blockquote>


since Rush and Rove are advancing this falsehood, it must be true.</blockquote>


Green I don't think it is a stretch to think ACORN is getting some money.



I have seen ACORN say they are not getting 4.19 billion. Now if ACORN was not going to get one cent of it that is the message they should be sending.



Their message is <blockquote>In fact, the bill does not mention ACORN or otherwise single it out for funding.</blockquote>


A logical peson could come to the conclusion that some of the money will be going to ACORN based on the fact they are a community redevelopment organization.



This quite simply walks like a duck and quacks like a duck.



Connecting the dot's here isn't that hard. Not because of Rush and Rove but because the dot's all connect.



I have not seen or read anything that PRECLUDES ACORN from getting money.
 
[quote author="trrenter" date=1233897025][quote author="green_cactus" date=1233891134][quote author="trrenter" date=1233887927]It is not written in stone they will get the money but .......</blockquote>


since Rush and Rove are advancing this falsehood, it must be true.</blockquote>


Green I don't think it is a stretch to think ACORN is getting some money.



I have seen ACORN say they are not getting 4.19 billion. Now if ACORN was not going to get one cent of it that is the message they should be sending.



Their message is <blockquote>In fact, the bill does not mention ACORN or otherwise single it out for funding.</blockquote>


A logical peson could come to the conclusion that some of the money will be going to ACORN based on the fact they are a community redevelopment organization.



This quite simply walks like a duck and quacks like a duck.



Connecting the dot's here isn't that hard. Not because of Rush and Rove but because the dot's all connect.



I have not seen or read anything that PRECLUDES ACORN from getting money.</blockquote>


I guess we'll just have to wait and see how much the evil-doers at ACORN end up getting.



BTW, ACORNs message is:



"We are disappointed to see that Representative Boehner is uninterested in helping President Obama and Congress create or save 3 to 4 million jobs. The Economic Recovery Package focuses on investments that create jobs, and ACORN's 400,000 member families think that is the right focus. Rep. Boehner's accusations are, as with anything he says about ACORN, divorced from reality.



"In fact, ACORN has worked for years to open access to working class homeownership on fair terms and warned against predatory lending long before the issue made headlines. We watch with bemusement as he tries to gin up opposition to progressive solutions to America's deep economic crisis by accusing ACORN of doing something we have never done. We have not received neighborhood stabilization funds, have no plans to apply for such funds, and didn't weigh in on the pending rule changes."
 
I so enjoy the Conservatives and all their efforts in helping

their fellow Americans in this time of Economic Crisis.

The contributions they give us are so inspiring.



<img src="http://www.bltserv.com/images/bagley.jpg" alt="" />
 
<blockquote>I guess we?ll just have to wait and see how much the evil-doers at ACORN end up getting.</blockquote>


I knew we could find common ground. It is not out of the realm of possibility that ACORN will get some money from this stimulus.



Since ACORN has ties to Obama it can lead to the same type of perception as Haliburton and Bush. Not saying it is the same but it could be construed as the same.



So even though the right wing may be exagerating a little the left wing is underplaying it and somewhere in the middle is the truth.
 
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