Where is your stimulus money going?



Don't forget about the $200 billion the government put to bail out Fannie & Freddie, the $85 billion (and then some) for AIG, $29 billion for Bear Stearns. The average taxpayer gets screwed no matter who's in charge.
 
HBZSoftware.com said:
$535,000,000 to a private company engaged in the solar business? $308,000,000 for hydrogen power? If we're going to spend money on complete bullshit why don't we just give the money to acai advertisers?
Click to expand...

The guaranteed loan, expected to provide debt financing for approximately 73% of the project costs, will allow Solyndra to initiate construction of a second solar panel fabrication facility (Fab 2) in California. On completion, Fab 2 is expected to have an annual manufacturing capacity of 500 megawatts per year. Solyndra and DOE will finalize the transaction upon completion of definitive documentation and satisfaction of certain conditions precedent. Over the life of the project, Solyndra estimates that Fab 2 will produce solar panels sufficient to generate up to 15 gigawatts of clean, renewable electricity--enough to avoid 300 million metric tons of carbon dioxide emissions. Further, Solyndra estimates that the construction of this complex will employ approximately 3,000 people, the operation of the facility will create over 1,000 jobs, and hundreds of additional jobs will be created for the installation of Solyndra PV systems, in the U.S.
Click to expand...
Acai advertisers aren't going to help stop all the handjobs and blind-eyes currently given to countries with oil.
 
I know of a great website you can go to get some stimulus money. PM me for details. Only a $3 processing charge but we can get you stimulus money fast. LOL
 
LotsOfZeros said:
I like how they're spending money in places that don't exist:
Stimulus Spending is Super-Effective in Nonexistent Congressional Districts | Young Americans for Liberty

Come on guys, this is not a partisan issue, the only role government is good at is providing for the national defense.
Click to expand...
That's based on reporting errors from companies, not spending going to fake places.

House panel wants answers on faulty stimulus data - CNN.com
Errors on government Web site make it difficult to track stimulus money | News for Dallas, Texas | Dallas Morning News | Texas Regional News

So you'd rather have your taxes pay for more people to check the self-reporting district number? It's not the government's fault that local governments and businesses are incompetent. For instance:

Errors on government Web site make it difficult to track stimulus money | News for Dallas, Texas | Dallas Morning News | Texas Regional News

"WASHINGTON – When Barbara Harrison, director of the housing authority in Burkburnett, Texas, recently filled out a form to report a $99,664 federal stimulus award, she didn't know the number for her local congressional district. She doesn't remember what she listed, and now, the grant shows up on a federal Web site as District 00 – which doesn't exist.".
" One of Texas' "phantom" districts, No. 52, appears to be the result of someone transposing the numbers of a project's correct district, No. 25. That project, the construction of a courthouse in Austin, is real, said a spokeswoman for the U.S. General Services Administration.
"Just because somebody misstates a congressional district does not make it a sinister development," Arvidson said."


Would you rather the recovery data be like Bush's bank bailout, where there's absolutely no transparency as to where the money went?
 
johu said:
Would you rather the recovery data be like Bush's bank bailout, where there's absolutely no transparency as to where the money went?
Click to expand...
You are such an Obama worshiping liberal pussy. We all know exactly where that money went...

[ame="http://www.youtube.com/watch?v=JnX-D4kkPOQ"]YouTube- Broadcast Yourself.[/ame]
 
Last edited:
johu said:
That's based on reporting errors from companies, not spending going to fake places.

House panel wants answers on faulty stimulus data - CNN.com
Errors on government Web site make it difficult to track stimulus money | News for Dallas, Texas | Dallas Morning News | Texas Regional News

So you'd rather have your taxes pay for more people to check the self-reporting district number? It's not the government's fault that local governments and businesses are incompetent. For instance:

Errors on government Web site make it difficult to track stimulus money | News for Dallas, Texas | Dallas Morning News | Texas Regional News

"WASHINGTON – When Barbara Harrison, director of the housing authority in Burkburnett, Texas, recently filled out a form to report a $99,664 federal stimulus award, she didn't know the number for her local congressional district. She doesn't remember what she listed, and now, the grant shows up on a federal Web site as District 00 – which doesn't exist.".
" One of Texas' "phantom" districts, No. 52, appears to be the result of someone transposing the numbers of a project's correct district, No. 25. That project, the construction of a courthouse in Austin, is real, said a spokeswoman for the U.S. General Services Administration.
"Just because somebody misstates a congressional district does not make it a sinister development," Arvidson said."


Would you rather the recovery data be like Bush's bank bailout, where there's absolutely no transparency as to where the money went?
Click to expand...

Your entire post proved my point - government is incompetent.
 
LotsOfZeros said:
Your entire post proved my point - government is incompetent.
Click to expand...

That's not really fair though....

The private industry failed their civics lessons...which is why there are these reporting errors.

Government - What district are you in Mr. Private Business?

Private Business - Hell if I know!!?

Government - Well how are we going to tell people where their money went then?

BurntPickle said:
You are such an Obama worshiping liberal pussy. We all know exactly where that money went...

YouTube- Broadcast Yourself.
Click to expand...

As do we for "main street's" stimulus. Recovery.gov

The errors are because companies don't know what district they're in.

justo_tx said:
Given the paranoia and conspiracy theories bandied around this site it's a coin flip as to whether you are being serious or sarcastic.
Click to expand...

There's only paranoia and conspiracy theories on your side of the aisle.
 
LotsOfZeros said:
You're an idiot if you think government is more adept at handling money than private businesses. We have the entire history of mankind to prove otherwise.
Click to expand...

Fine, but you can't use the above ^ (from johu) as an example.

It's private businesses' lack of accuracy in answering simple questions that's the problem in this scenario.
 
LotsOfZeros said:
You're an idiot if you think government is more adept at handling money than private businesses.
Click to expand...
So giving money from the government to private businesses for the stimulus is better than the government creating projects themselves.
 
johu said:
So giving money from the government to private businesses for the stimulus is better than the government creating projects themselves.
Click to expand...

I never said we should give money to anyone. I am against any sort of welfare, social and corporate.
If the government wants to stimulate the economy maybe they should take a page out of the conservative's book and incentivize job creation by lowering taxes. If the government wants to create projects, then offering bids on contracts by private businesses is the way to go. The public wins (lowest bid+quality product/service), the business wins (lucrative contract), and the workers win (new jobs) which comes around back to the public winning again when more workers are busy making taxable income.
 
You must log in or register to reply here.
Top Bottom