Kyle and her husband moved to Brookfield in 1986. She became active in local politics and started blogging in 2004. Her focus is primarily on local issues but often includes state and national topics, too. Kyle looks at things from the taxpayers' perspective in a creative, yet down to earth way, addressing them from a practical point of view.
UPDATE: Yes, the House Republicans did say NO. Every one of them, plus 11 Blue-Dog Democrats! Send them a BIG thank you. Next question: Will the Senate Republicans and Senate Blue-Dogs say NO next week too? (I'm praying they will vote NO.) If enough Americans squawk, loudly, they just might. (Yes, that is a longshot.)
Déjà vu. It's the TARP bailout all over again, but this time on steroids. Remember when we found out about all the pork in that emergency TARP legislation? (Hint: Tax break for wooden arrows.) Well, that pork laden bailout bill looks like a low cholesterol diet compared with Obama's "stimulus" bill.
Why do I put stimulus in quotes? Because the only thing it will stimulate is the size of government, which once expanded, rarely contracts. The TARP bill was about 450 pages in length; the Obama Stimulus bill, the American Recovery and Reinvestment Act of 2009, is a whopping 647 pages! The dollar amount in the Obama Stimulus seems to have increased proportionately to the pages too. Including interest, it's at about $1.17 TRILLION. (Anyone think the House and Senate members read the entire bill?)
The Wall Street Journal gives us a glimpse into those 647 pages of outrageous spending in A 40-Year Wish List, You won't believe what's in that stimulus bill . Do take a look. If your Pepto-Bismol isn't handy, just know that only "about 12 cents of every $1" goes to anything remotely stimulating to our economy. If you can brave a bit more... (My emphasis)
This is a political wonder that manages to spend money on just about every pent-up Democratic proposal of the last 40 years.
We've looked it over, and even we can't quite believe it. There's $1 billion for Amtrak, the federal railroad that hasn't turned a profit in 40 years; $2 billion for child-care subsidies; $50 million for that great engine of job creation, the National Endowment for the Arts; $400 million for global-warming research and another $2.4 billion for carbon-capture demonstration projects. There's even $650 million on top of the billions already doled out to pay for digital TV conversion coupons.
Since Wisconsin is looking at commuter trains, know that:
Most of the rest of this project spending will go to such things as renewable energy funding ($8 billion) or mass transit ($6 billion) that have a low or negative return on investment. Most urban transit systems are so badly managed that their fares cover less than half of their costs.
Speaker of the House Nancy Pelosi does not need Republican member's blessing on Obama's now nearly trillion dollar "stimulus" spending spree. The House Democrats hold the majority. But like that must pass rescue bailout bill of October, the Democrats do not want to go it alone on this bill. When this "stimulus" bill does not work, they want to be able to spread the blame.
I did not see anything worthy in the bill to warrant passage. The $4 billion to groups like ACORN should give any conservative ample reason to vote NO. Acorn's Seed Money:
The group that pushed banks into the risky loans that brought the economy down is now eligible for a huge chunk of stimulus cash. The stimulus plan does create jobs--for community activists."
Like the TARP bailout, there is an urgency to pass this one too. That is right, rush passing THE most expensive, extravagant, extensive spending proposal in American history. Do it while President Obama is basking in high approval ratings. Do it before the economy has a chance to recover on its own. (Existing housing sales were up 6.6% in December.)
"Never let a serious crisis go to waste. What I mean by that is it's an opportunity to do things you couldn't do before," Rahm Emanuel, White House Chief of Staff. The opportunity being, moving America towards more socialistic spending such as:
Another "stimulus" secret is that some $252 billion is for income-transfer payments -- that is, not investments that arguably help everyone, but cash or benefits to individuals for doing nothing at all.
Do it before Americans wake up to what this bill won't do: stimulate the economy.
More reading: Heritage Foundation, The Pelosi-Obama-Reid Trillion Dollar Debt Plan
More ridiculous expenditures, Vicki McKenna's partial list of included items.
Please, comment content should relate to the subject of the post. Although I try to respond to many, do not interpret my lack of a response as agreement.
Brookfield7, Fairly Conservative, Vicki Mckenna, Jay Weber, The Right View Wisconsin, Mark Levin, CNS News