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Spend This, You *!!%$##!ers

by Da King on December 16, 2009

in Democrats,economics,federal spending,GOP,Uncategorized,White House administration

The federal government's massive ripoff of the American taxpayer continues. The Senate and House have both passed the $1.1 trillion Omnibus spending bill for 2010, and President Obama is expected to sign it. The bill raises spending by about 10% over last year, even though the last time I checked, the inflation rate for this year was negative, as the economy shrunk during the recession. Like I said in a recent post titled 'A Recession-Proof Industry,' there's no recession in Washington D.C.

The spending bill contains 5,000 earmarks in the amount of $3.9 billion, naturally. That might not sound like a lot, relatively speaking, until you consider that the spending portion of Obama's stimulus package (those so-called shovel-ready projects) were basically nothing but thousands of earmark projects bundled together. One count had 9,000 earmarks in the stimulus bill, even though the White House laughably claimed there were none. The White House did this in the typical government way. They simply called the earmark projects something else.

One notable earmark in the 2010 Omnibus spending bill is $2.7 million to study surgery in outer space. Meet George Jetson. There is seemingly no end to the ways Congress can dream up to waste our money.

The bill passed the Senate by a vote of 57-35 along party lines. Democrats were for the huge spending increases, and Republicans were against them. Here are the exceptions:

Democrats Evan Bayh of Indiana, Russ Feingold of Wisconsin and Claire McCaskill of Missouri voted against the bill. Republican Sens. Thad Cochran of Missouri, Susan Collins and Olympia Snowe of Maine and Richard Shelby of Alabama voted for it.

Kudos to Bayh, Feingold, and McCaskill. I spit upon Cochran, Collins, Snowe, Shelby, and the rest of the Democrats.

The spending bill puts America on track for a $1.5 trillion deficit for 2010, not that the big spenders on Capitol Hill give a damn. They'll be voting soon to raise the debt ceiling by $2 trillion, because we are about to exceed the current $12.1 trillion limit, which begs the question, what good is a debt ceiling if they can keep raising it time and again ? That isn't a ceiling. It's more like an elevator to nowhere.

Federal employees also get a 2% raise, because the poor dears only make $30,000 per year more than their private sector counterparts already. Without that 2% raise, the federal employees might have to eat hamburger instead of steak, or endure something equally horrid.

In the past I have compared government spending to that of drunken sailors. I now realize how wrong I was to say that. I apologize to all drunken sailors. When drunken sailors run out of money, they stop spending. When the government runs out of money, they step up the pace and spend even more.

Unless one of the government earmarks is used to perfect alchemy (turn lead into gold), we are in deep doo-doo. It's time to start thinking outside the box……..hey, I have an idea. Let's sell California to China to pay off the $800 billion we owe the Chi-coms. Chinafornia has kind of a nice ring to it, and then the Left Coast liberals can live in the marxist utopia they dream about (which would turn them into conservatives in about two seconds).

Or maybe the alchemy thing. Oh wait, I almost forgot. Obama is the green President. Instead of using lead, we'll have to turn broccoli into gold. It's more environmentally friendly. Better yet, let's turn CO2 into gold !!!! Jackpot !!! I nominate myself to be the Alchemy Czar.

Hey Congress, I need a $30 billion budget, pronto, and see if you can track down Merlin for me.

  • Andrea

    Well to create jobs you got to spend. Not all earmarks are bad . The republicans like to point out a couple of ear marks they feel are wasteful . But even a Tattoo removal program produces JOBS – HELLO isn't Jobs the objective here ?
    Theres also a bit of hypocrisy out there since the Congressional Record shows that earmarks in the omnibus spending bill —three of the top five earmarking senators are Republicans.
    http://www.taxpayer.net/resources.php?category=&type=Project&proj_id=2049&action=Headlines%20By%20TCS
    Republican Sen. Thad Cochran of Mississippi tops the list, with $470 million in earmarks for himself and his colleagues. Next up is Cochran's seatmate—Republican Roger Wicker, hitting the scales at $390 million. Two Democrats—Mary Landrieu of Louisiana and Tom Harkin of Iowa—come in at Nos. 3 and 4, before Republican David Vitter of Louisiana rounds out the top five. Of the top 10, six are Republicans

    But I do agree with you on raises federal employees should NOT be getting a raise now when private sectors cutting salaries.

    And laughable that the GOP suggesting tax cuts around the board
    as a way out as if hasn't been tried already – targeting tax cuts is the way to go as Obama proposes to do for small businesses.

  • Andrea

    Well you know to CREATE jobs you got to spend and even as Michelle whats her name
    likes to point out the earmarks she thinks are wasteful they do create jobs even a tatto removal parlor creates jobs. Also a bit of a hypocrisy since republicans also create earmarks in fact Republican Sen. Thad Cochran of Mississippi tops the list, with $470 million in earmarks for himself and his colleagues. Next up is Cochran's seatmate—Republican Roger Wicker, hitting the scales at $390 million. Two Democrats—Mary Landrieu of Louisiana and Tom Harkin of Iowa—come in at Nos. 3 and 4, before Republican David Vitter of Louisiana rounds out the top five. Of the top 10, six are Republicans ACCORDING TO http://www.taxpayer.net/resources.php?category=&type=Project&proj_id=2049&action=Headlines%20By%20TCS

    But I do agree with you that it is NOT the time to be giving out raises to federal employees when private sector making cuts.

    Also the GOP idea of tax cuts is laughable when been tried – only way to go it to target the tax cuts as Obama's proposing to do for small businesses.

    You want jobs go spend – go fix up your home and use cash for chalkers so someone will be working

  • Jeff

    I used to be one who did not think a federal deficit was a horrible thing, but that was in the days it was somewhat controlled. And controlled I mean that there were people (and nation) who were willing to give us credit on good terms, just like at home, a 8% credit card is ok, a 30% one is a killer, you have to examine your debt situation, but now we are looking at our nation not being able to finance their debt, but unlike you and I they (well most of us) can print money.

    So the government gets to keep spending, (pissing off their creditors, as they pay for their debt with more and more worthless paper) and we get screwed with higher and higher prices. Has anyone ever seen a hyper inflation cycle that wages kept up with inflation.

    So what happened in all the hyper inflation countries we have ever seen, a collapse of the government, (isnt that the Cloward Piven Strategy all along?) and rarely if ever when a government collapses do the people come out of it with their freedom and individual rights intact. Mostly some dictator takes total control, re-values the currency by ceasing all assets and tells the people what to do and what to think, and be grateful they are allowed to live, who cares if you are poor, just be happy.

    The federal government needs to keep out of the economic cycle, prior to the "great depression" the government did nothing during recession, and the economy always and quickly recovered, then we get the progressives who used a minor recession and bubble burst in the stock market, to "take control" creating the worst economic calamity in history, and getting us into a war with Japan to boot. And we are facing just the same situation now, the economy is recovering, but the government keeps tinkering, and will bring create another depression, and then the progressives will try to pass the blame on capitalism, deflecting it from their marxist policies.

    The 21st century was to be a brave new world, instead I see one more like Soylent Green.

  • Chris

    Yes. The spending is indefensible.

    But where were you guys when GWB was starting illegal wars, expanding Medicare by trillions, and leaving no banker behind??

    There is NO difference between the parties. If Obama was a Republican all the GOP congress critters would have happily voted YES.

    There is only one party now. The DC party.
    And they are not our friend.

  • N. E. Frye

    Agree with most of what most of you sez. The best of all possible conditions is when an opposition party controlls at least one house (preferably both) to keep the pres. in line. Looking at that 'DC' party the only guys I like are the two independent senators.

  • The Reverend

    "…The events and policies that have pushed deficits to astronomical levels in the near term, however, were largely outside the new Administration’s control. If not for the tax cuts enacted during the Presidency of George W. Bush that Congress did not pay for, the cost of the wars in Iraq and Afghanistan that began during that period, and the effects of the worst economic slump since the Great Depression (including the cost of steps necessary to combat it), we would not be facing these huge deficits in the near term…"

    http://www.cbpp.org/cms/index.cfm?fa=view&id=3036

  • larry d.

    Yes, Reverend–"blah blah blah" as Obama signs another trillion dollar spending bill and the dem congress raises the cap on deficit spending for the second time this year.

  • Da King

    Jeff,
    I agree with you that a certain amount of deficits and debt is not bad, but at the levels we're heading, it will certainly drive our country off the cliff. With the exception of national security, such as a terrorist getting his hands on wmd and detonating them inside the U.S., there is no bigger threat to our country's future. I heard Alan Greenspan say yesterday at a Senate hearing on the budget and debt (at least someone on Capitol Hill is noticing) that a debt level of 20-30% is tolerable. Unfortunately, we're at 85% of GDP right now, and heading towards 200% of GDP in a decade. At our current pace, the interest on the debt will soon be the largest federal expenditure, bigger than the defense budget or Medicare. That is money flushed down the toilet that serves no American interest.

  • Da King

    Chris,
    You're exactly right. Neither party in D.C. has been fiscally responsible. In fact, partisan politics is one of the biggest reasons for the irresponsibility. The only way to get things to change is for the American people to rise up and demand it, and the people are beginning to see the light. More people are independents than belong to either of the broken parties. The Tea Party movement is one such popular uprising.

  • Chris

    Here's a scary chart.

    http://www.comstockfunds.com/files/NLPP00000%5C292.pdf
    Total Debt vs GDP
    Personal + Corporate + Government

    And note…this chart is 3+ years old….we're actually right around 375% right now….

    This ain't gonna end well….

  • The Reverend

    It may be "blah, blah, blah" to you, larry…..to everyone else it's called 'the facts.'

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