Congress' Clueless Credit System
By Chuck Norris
There they go again! The House and Senate have buried us in yet another bailout-stimulus heaping pile of fiscal dung -- a $789 billion loan that has been tacked onto our children's (and children's children's) already staggering $10-plus trillion deficit. Are you just going to sit there and take another one up the tailpipe?
Though President Obama emphatically declared that this 1100-page piece of legislation does not contain "a single pet project, not a single earmark," it's full of some type of financial fluff. Call it what you will, but few knew recessionary needs included $2 billion for battery companies, $2 billion for the National Parks Service, $2.3 billion for NASA and the National Science Foundation, $1.1 billion for airport improvements, $850 million for Amtrak, $800 million for federal prison construction, $300 million for additions to the federal fleet, $200 million for new Department of Agriculture buildings, $165 million for fish hatcheries, $100 million for the FBI, $100 million for shipyards, $50 million for an arts endowment, etc. (A detailed list of the stimulus package expenditures can be reviewed on the website of Patton Boggs legal firm at www.pattonboggs.com.)
Click here to continue reading Chuck Norris' column.
There they go again! The House and Senate have buried us in yet another bailout-stimulus heaping pile of fiscal dung -- a $789 billion loan that has been tacked onto our children's (and children's children's) already staggering $10-plus trillion deficit. Are you just going to sit there and take another one up the tailpipe?
Though President Obama emphatically declared that this 1100-page piece of legislation does not contain "a single pet project, not a single earmark," it's full of some type of financial fluff. Call it what you will, but few knew recessionary needs included $2 billion for battery companies, $2 billion for the National Parks Service, $2.3 billion for NASA and the National Science Foundation, $1.1 billion for airport improvements, $850 million for Amtrak, $800 million for federal prison construction, $300 million for additions to the federal fleet, $200 million for new Department of Agriculture buildings, $165 million for fish hatcheries, $100 million for the FBI, $100 million for shipyards, $50 million for an arts endowment, etc. (A detailed list of the stimulus package expenditures can be reviewed on the website of Patton Boggs legal firm at www.pattonboggs.com.)
Click here to continue reading Chuck Norris' column.
posted by HeavyHanded at
5:19 PM
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