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Are you for (or against) the economic stimulus plan?



Are you for or against the economic stimulus plan?
I'm absolutely for it. 17 18.68%
I'd support it if some changes were made to the allocation of funds. 25 27.47%
I firmly oppose it. 35 38.46%
I'd firmly oppose it if the President decided to spend the money differently. 0 0%
I'm so unsure. 14 15.38%
Voters: 91. This poll is closed

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No. 10
Old Jan 27, 2009, 01:55 PM

Default Re: Are you for (or against) the economic stimulus plan?
Here is a cute tongue in cheek SNL skit on financial planning.

Hmmm...some solid advice from the mouth of comedy.

http://www.flixxy.com/financial-advice.htm

Although geared for the average American household, it is also very applicable to the Corporate and Government sectors.
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No. 11
Old Jan 27, 2009, 03:19 PM

Default Re: Are you for (or against) the economic stimulus plan?
Originally Posted by Thunderwolf View Post
Here is a cute tongue in cheek SNL skit on financial planning.

Hmmm...some solid advice from the mouth of comedy.

http://www.flixxy.com/financial-advice.htm

Although geared for the average American household, it is also very applicable to the Corporate and Government sectors.

That was good - I sent it to my daughter.

This stimulus package is violating the principle of not buying stuff if you can't afford it.

This package is so full of PORK, as usual.

So frustrating.

steph
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No. 12
Old Jan 27, 2009, 03:27 PM

Default Re: Are you for (or against) the economic stimulus plan?
i'm not so sure about it as it stands.

however, $500 can go a long way for me.
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No. 13
Old Jan 27, 2009, 05:13 PM

Default Re: Are you for (or against) the economic stimulus plan?
The United States Conference of Mayors is also seeking a bailout from Washington and has prepared an 800-page plan called MainStreet Economic Recovery that would cost $180 billion and have "lasting economic and environmental benefits."[13] Though more modest in scope and size than the governors' plan, the mayors' proposal has become the object of national and local ridicule because of the nature of many of the projects on the list, including:
  • $4.8 million for a polar bear exhibit in Rhode Island;
  • $13 million for Las Vegas to improve pedestrian access to a casino, as well as additional funds for a Las Vegas museum on organized crime;
  • $6 million for snowmaking equipment in Minnesota; and
  • $100 million to allow Philadelphia to clear land for a casino that has not yet been approved.
  • http://www.usmayors.org/mainstreeteconomicrecovery/



By Robin Shulman
Washington Post Staff Writer
Saturday, January 3, 2009; Page A02

NEW YORK, Jan. 2 -- To help offset state budget cuts, a group of Democratic governors urged the federal government Friday to pass a $1 trillion economic stimulus package, significantly larger than the one under discussion in Congress.. . .


. . . "The Republican Governors Association's executive director, Nick Ayers, said Friday that the Democratic governors' proposal goes too far, calling it "essentially a bailout of these states' general funds."
"Now is the time to focus on finding cost-effective ways to provide essential services without burdening future generations with ever greater debt," Ayers said.. ."







Conclusion
The above-described instances of state and local governments, not-for-profits, and businesses seeKing greater subsidies from the federal government reflect only a small sample of the kinds of institutions and organizations making such requests and the areas of activity on which they are focused. In the transportation area alone, organizations such as the American Public Transit Association, the American Road and Transportation Builders Association, the Associated General Contractors, the U.S. Chamber of Commerce, and Building America's Future are among some of the other groups competing with AASHTO for more federal transportation infrastructure spending.
Similar lists could be produced of those requesting more federal spending on the environment, labor unions, education, social welfare, and national parks, to name just a few areas that are of interest to the growing list of petitioners. As Congress gets closer to enacting a stimulus plan, the list of petitioners and self-identified needy components of our economy will certainly grow even more, both in number and in scope.
In a normal legislative year, any one of these influential organizations and their congressional benefactors might be expected to get some piece of the action, as a new President may feel compelled to accommodate some of them. For the new Obama Administration, so much pressure from so many organizations might be seen as hobbling its freedom in crafting a cost-effective stimulus plan that does what it is supposed to do: help jump-start the private economy at minimal cost and interference.
But 2009 is no ordinary year, and the sheer magnitude of the special pleadings--which by now probably exceed in cost several years' worth of the nation's gross domestic product--not to mention the dozens of six- or eight- or 12-point recovery plans, should make most of these self-indulgent schemes easy to ignore for a determined President ready to make his mark and do the right thing.
Not every leading institution or organization is seeking a handout, and some even question whether a severe recession is such a bad thing. Rowan Williams, the archbishop of Canterbury, argues that the credit crunch should be seen as a welcome "reality check" for a climate of "unsustainable greed." But while some others might share that view, the behavior of the many above-cited petitioners suggests that unsustainable greed is alive and well--at least in Washington, D.


(THEY NEED TO BUY THE BOOK . . "DON'T BUY IT IF YOU CAN'T AFFORD IT" . .. )


http://www.washingtonpost.com/wp-dyn/content/story/2009/01/03/ST2009010300239.html
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No. 14
Old Jan 27, 2009, 05:31 PM

Default Re: Are you for (or against) the economic stimulus plan?
I dunno, I've been to busy to look into it.

But, the last money GW gave to us was promptly used to go on a vacation. It payed for about half of it~
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No. 15
Old Jan 27, 2009, 09:20 PM

Default Re: Are you for (or against) the economic stimulus plan?
Originally Posted by Spidey's mom View Post
That was good - I sent it to my daughter.

This stimulus package is violating the principle of not buying stuff if you can't afford it.

This package is so full of PORK, as usual.

So frustrating.

steph

We have also borrowed ourselves into ruin from China no less to finance the Iraq war... This country buys a lot it cannot afford.
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No. 16
Old Jan 28, 2009, 12:17 AM

Default Re: Are you for (or against) the economic stimulus plan?
Originally Posted by hillarypeace2006 View Post
We have also borrowed ourselves into ruin from China no less to finance the Iraq war... This country buys a lot it cannot afford.


That doesn't mean it is ok to continue . ...

steph
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No. 17
from Elvish
Old Jan 28, 2009, 08:31 AM

Default Re: Are you for (or against) the economic stimulus plan?
The point Hillary is trying to make (and please correct me if I'm wrong here, Hil) is that those of us who oppose the Iraq war oppose it in part because we are spending money we don't have to finance it. Among other reasons (oh, that Saddam had nothing to do with 9/11, and our soldiers are dying to protect big oil....off-topic to this discussion).

If we oppose the stimulus package because we don't have the money to do it, then we ought to be opposing the war for the same reason(s).
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No. 18
Old Jan 28, 2009, 08:54 AM

Default Re: Are you for (or against) the economic stimulus plan?
Originally Posted by Elvish View Post
The point Hillary is trying to make (and please correct me if I'm wrong here, Hil) is that those of us who oppose the Iraq war oppose it in part because we are spending money we don't have to finance it. Among other reasons (oh, that Saddam had nothing to do with 9/11, and our soldiers are dying to protect big oil....off-topic to this discussion).

If we oppose the stimulus package because we don't have the money to do it, then we ought to be opposing the war for the same reason(s).

Yep Elvish...you nailed it
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3 Readers Gave Kudos
 
No. 19
Old Jan 28, 2009, 06:16 PM

Default Re: Are you for (or against) the economic stimulus plan?
In recent news. . .

The House has passed the economic stimulus package.
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