Skip to comments.Obama calling for more infrastructure spending
Posted on 09/06/2010 6:41:49 AM PDT by Dubya-M-DeesWent2SyriaStupid!
Obama calling for more infrastructure spending
WASHINGTON (AP) - Vowing to find new ways to stimulate the sputtering economy, President Barack Obama will call for long-term investments in the nation's roads, railways and runways that would cost at least $50 billion.
The infrastructure investments are one part of a package of targeted proposals the White House is expected to announce in hopes of jump-starting the economy ahead of the November election. Obama will outline the infrastructure proposal Monday at a Labor Day event in Milwaukee.
While the proposal calls for investments over six years, the White House said spending would be front-loaded with an initial $50 billion to help create jobs in the near future.
The goals of the infrastructure plan include: rebuilding 150,000 miles of roads; constructing and maintaining 4,000 miles of railways, enough to go coast-to-coast; and rehabilitating or reconstructing 150 miles of airport runways, while also installing a new air navigation system designed to reduce travel times and delays.
(Excerpt) Read more at apnews.myway.com ...
Do I hear the band striking up with “Nearer My God to Thee”?
PORKULUS was supposed to be SHOVEL READY JOBS TO FIX OUR CRUMBLING INFRASTRUCTURE. What did B.Hussein and the filthy rats do with the first 800 Billion???
Is there something wrong with the infrastructure we have now that’s holding up economic activity?
IIRC, even Keynesian economics requires that the government spending be targeted on something that is needed to spur further economic growth.(also IIRC, Keynes had changed his mind about all this before he died.)
$50,000,000,000 payout to unions. Again.......
One would think the president has absolutely no economic sense or business acumen (/S).
Obama stimulus waste
1. Broadband Map That May be Obsolete by the Time its Complete ($350 million): $350 million was awarded to states from the Department of Commerce to build a map of its broadband Internet infrastructure, though it duplicates existing maps. Rather than spend $350 million on the project, one firm said it could map the whole nation for $3.5 million one percent of the cost. Or, anyone with a computer could Google it for free.
2. Empty Mall Gets Energy Award ($5 million): $5 million was awarded to the Oak Ridge Mall in Tennessee to provide geothermal heat only the mall has few stores and customers.
3. Fossil Research in Argentina ($1.57 million): Researchers from Penn State will travel to Argentina to dig up plant fossils.
4. Anti-Capitalist Puppet Shows ($50,000): Puppet theatres with socialist, anti-capitalist messages were paid $50,000 to put on puppet shows.
5. Free Rides on Baltimore Water Taxi ($1.6 million): A program to offer free rides on the water taxi as a means of relieving road congestion got money despite it doing little to stop people from traveling in cars.
6. Digital Television Ad Campaign ($6 million): An ad agency was hired for $6 million one month before the switch to digital televisionand reported creating three jobs with the money.
7. California Computer System ($60 million): In 2002, CA got $66 million to upgrade its computers for the unemployment insurance program. It spent the money on other things and just got another $60 million in stimulus for the same project.
8. Non-Competitive Contracts ($7.8 billion): Half of all stimulus contracts awarded as of the fall were not subject to full competition.
9. Mice, Alcohol and Drugs ($38,000): Studying the impact of alcohol and methamphetamines on mice and rats.
10. Tourist Railroad ($2 million): The Virginia & Truckee tourist railroad in Nevada will get more than $2 million for an extension.
We don't need a 'new' way! Give us back our paychecks and get the frik out of the private sector you frikin' Marxist-community-organizer!!! You asshat Democrats drove this economy into the ground with your sub-prime loan scams and you are still driving the economy into the ground. NOVEMBER IS GOING TO BE A HEAD ON COLLISION FOR YOU ASS-CLOWNS AND CRY-BABY LIBERALS WHO NEED A NANNY-STATE. How pathetic is an American to want the federal government o take care of them. And yes, black America... you live off the federal government then you are still a slave. Enjoy it idiots!!!
Nobody wears them anymore or are you suggesting them for committing armed robbery ? / s
China and India are making silicon chips.....we’re digging holes.
China and India are making silicon chips.....we’re digging holes.
According to what you just posted only 200 billion of it has been used (didn’t see how old the information was). And they still want more?
I would pay some money (deferred from the field mice study in Ca.) to see the statistics on the states that went under when democrats took over with Obama and ACORN.
Ca. should be an example of democrats/peter pan gone wrong.
Mass, Canada, Europe should be an example of nationalized health care gone wrong.
They are insane with power!
Here’s what’s happened to porkulous “Infrastructure” stimulous in NYC alone:
Don't remind me. I mourn the loss of femininity in the culture.
Thank you, libtards, for turning our women into men.
“While America was inventing Twitter so Americans could waste more time on useless bullsh$t, China built three nuclear power plants and two refineries.”
Whatever happened to shame? This type of waste should be advertised 24X7 in all venues including highway billboards....
Are you listening Michael Steele?
Yeah, how about using the rest of the unspent stimulus money? There’s a lot of money sitting there!
Or is Obambi saving that money for 2012, so he can shower the peasants with bread and circuses just in time to save his skinny ass from being fired?
Notice how all the talk of extending Bush Tax Cuts has stopped. I am sure in the daily conference calls with appendages the administration the MSM has told them to drop that. He can’t persue that course of action it would then alienate and infuriate his far leftist base of Cloward and Piven afficiandos. The Muslim has settled on a strategy that Clinton used, dangle money out there and then demonize your opposition as stingy and scrooge-like for acting like a grownup. I think Claire Huxtable should only pay up the kids lily white prep school through 2012, because I think a move back to Chicago is forthcoming.
That’s the ticket, nobama. You are a freakin’ economic genius! Why not make it $50,000,000,000,l000,000,000,000,000? Don’t hold back on “helping” us you feckless loser.
Mike’s down for his nap.
That's right! They don't want to get off the 'plantation'. Thanks for having the guts to say it like it is!!
There is no Carpathia nearby for the Obama administration.
Not content with driving off a cliff, he wants to find a higher cliff.
Furthermore, today the GOP revealed the small-print details of Barack Obamas stimulus plan, which is supposed to rescue us from the economic crisis. The plan is filled with a staggering amount of waste. We will be adding billions to our national deficit so we can fund such fine programs as:
$246 million tax break for Hollywood movie producers to buy motion picture film.
$650 million for the digital television converter box coupon program.
$88 million for the Coast Guard to design a new polar icebreaker (arctic ship).
$600 million to buy hybrid vehicles for federal employees.
$150 million for Smithsonian museum facilities.
$75 million for smoking cessation activities.
$200 million for public computer centers at community colleges.
$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.
$650 million for wildland fire management on forest service lands.
$1.2 billion for youth activities, including youth summer job programs.
$500 million for building and repairing National Institutes of Health facilities in Bethesda, Maryland.
$160 million for paid volunteers at the Corporation for National and Community Service.
$5.5 million for energy efficiency initiatives at the Department of Veterans Affairs National Cemetery Administration.
$850 million for Amtrak.
$100 million for reducing the hazard of lead-based paint.
$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.
Will reducing lead-based paint stimulate our economy? Will inspecting canals in our urban areas create jobs?
Support for the stimulus plan appears to be fading fast. As we reported here, many believe that the stimulus plan wont reach American taxpayers until its too late to create any real jobs. Meanwhile, our federal employees will have some nice Priuses to drive around in.
Thank you, Obama.
SPEND the 300 billion from the 878 billion, that you are saving as a Democrat slush-fund for your re-election year!!!
Out to lunch...
Going out of business
(Actually he is hiding in the storeroom....)
Government can only spend. It has no money of its own to “invest”. It either prints money or taxes it away from its owners. One of these days, and soon, that little economic truth is going to become rather obvious, perhaps except to the ideologues and kleptocrats who are currently running Washington and our nation into the ground.
Didn’t we hear all this about infrastructure and “shovel- ready jobs” in Feb. ‘09, as BO lied to get his $850 Billion failed stimulus bill passed?
The only thing that should be shovel-ready now is the Democrat Party.
If he took this 50 whatever and went in with India to co-develop (if they matched it) a "Thorium Nuclear Reactor" that is functional, has a base design that can be replicated in a turnkey fashion it would make sense.
If he did this in the future history books would note him for this brilliant forward thinking move that changed us to energy independence.
The problem is Obama probably thinks Thorium is a comic strip character....
The problem is this guy and Congress have spent Trillions on crap
Had they spent it on Nuclear Power, Natural Gas Conversions of our Big Rig Fleet, Coal to JP4 via the Fisher Tropsch process for our Airliners and Military Aircraft, we would have held our nose and said yes because in 10 years we could have told the Saudi's to stuff it.
What a missed opportunity to change our energy situation and our balance of trade.
He’s either learned nothing by the experience of nothing being gained by wasting taxpayer’s money previously, or he’s a complete idiot, or he’s trying to bankrupt this country, or all of the above.
Where’s that Vaudeville hook when we need it?
Amazing that AP actually admits that this is not about stimulus but about creating a supposed sense of stimulating the economy for political gain. Needless to say this is all an illusion and simply a last gasp to add to the Cloward-Piven strategy with the capper being a lame duck Congress.
This is plain thuggery and will back fire. The Dems are in panic mode because they know that millions of voters don't but the MSM protection racket anymore and millions of newly-enlightened voters are busy breaking out of their MSM-following coma and backtracking to review so many of the lies they bought before.
No doubt to be built/re-built with our ever expanding manufacturing base, domestic tools and machinery, and workers that are fluent in English.
two more shovel leaniing jobs created for only 8,456.332,334 per job.
U.S. Unemployment Rates By County: All Down hill straight to hell in a hand-cart’ since Pelosi and the democrats took control
This administration should be arrested and sent to Cuba on a Raft.
Obamas theme song:
youtube video below
Although it is not a Federal building, my local township just added solar panels to it's town hall building. It cost $35,000, of which more than half was paid by grants (ie tax dollars). The part that has my head shaking is that, because it is a small part time board, and the building is only used during voting and monthly board meetings, the yearly electric bill is only $1,000.00 a YEAR!
Yes, you read that right, for $35,000.00 we got something that will ease (won't eliminate because we live in Mid Wisconsin, not the most optimum place for solar panels) a $1,000.00 a year bill.
Thank You taxpayers, my township appreciates it.
How many votes will $50 billion buy?
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