Constitutionally Speaking

This is beyond imaginable; I hope the airwaves and internet blast this all day today and tomorrow and crush Obama’s campaign for his SPENDULOUS BILL!!! This is not a “Recovery and Reinvestment Act”…this is more like an “ACT OF RAPE” on the American people.

BREAKING NEWS:

Bloomberg is now reporting that coming this Tuesday, the new Secretary of the Treasury, Timothy (tax-cheat) Geithner is going to unveil a bank rescue plan, consisting of asking Congress for an additional $1.3Trillion for the Troubled Asset Relief (TARP) program.  This is to be added to the already allocated (and spent) previous EESA funding for the TARP of $700Billion. 

http://www.bloomberg.com/apps/news?pid=20601087&sid=aOIOHVbliZdQ&refer=home 

For those of you not keeping track at home, this is a possible total of $2 Trillion of taxpayer money that could end up in the vaults of the banks that caused this mess in the first place.

At the same time this hit the wires, Larry Summers, who took Geithner’s place at the New York Fed, gave an interview to ABC News’ George Stephanopolis.  This is the opening exchange:

STEPHANOPOULOS: Let me ask about that financial overhaul. Originally, Secretary Geithner was supposed to give that speech tomorrow. Administration officials are telling me it’s now more likely on Tuesday?

SUMMERS: Yes, I think there’s a desire to keep the focus right now on the economic recovery program, which is so very, very important.

STEPHANOPOULOS: So Tuesday it is.

Full Transcript here:  http://www.abcnews.go.com/ThisWeek/story?id=6830708&page=1 

This just goes to prove that a politician will say anything to get elected . . . 4 minutes of priceless video. If Obama really wanted to do what was right, he would have stuck to his so called values and principles in this video . . .

Reagan’s 2nd Inaugural Address, January 20, 1985, 4 yrs after our country’s greatest recession . . . 

2 Peter 2: 2-3 ~ Many will follow their shameful ways and will bring the way of truth into disrepute. In their greed these teachers will exploit you with stories they have made up. Their condemnation has long been hanging over them, and their destruction has not been sleeping.

The stimulus bill (H. R. 1) that left the House at 820 billion and quickly gained weight in the Senate to the tune of an additional 120 billion has now been relieved of that added pork and then some, but it is still NOT enough. My figures show it currently at 714, 516, 050 billion, however natl media is reporting it near 780 billion. Some of the appropriations are still held up in the Senate and have not made it to the final tally column yet. Those items listed are showing as [up for discussion]. I have placed the Excel Speadsheet in the BOX.NET widget for easy download.

What I can clearly see, from this extravaganza of a “Government Spending Spree”, is the fact that nearly 2/3 of the spending in this bill will not even hit the economy until late 2010 and in some cases, not until 2015 or later. 

Thus, I can only conclude the we should all be: “Looking for tax increases and interest rate increases” in the near future as we did under the Carter & Clinton Administrations. Now, there’s a plan for jump starting the economy we “CAN’T” believe in.

200+ years of history have repeatedly proven that this type of spending does nothing to stimulate ANYTHING BUT GOVERNMENT. I wonder how many years we will have to endure? 2 or 4? I am praying for the lessor of the 2 evils.

UPDATE:   It seems that Senate leader “Dirty” Harry Reid is refusing to allow a vote on an amendment to the stimulus, SA 239, cosponsored by GOP Senator Jeff Sessions and Democratic Senator Ben Nelson.  This amendment would require any entity that recieves funds from this pkg to use the federal E-Verify citizen check system so that none of the funding would go to illegal immigrants.

The House passed their version of the E-Verfy amendment by a vote of  407-2, so what happened and why did it not make it into the Senate bill?

“Dirty Harry, I have a question for you:  Did you forget you were working for US CITIZENS? There is still time for you to do what is right by the people of the United States of America. The time has come for you to either stand with us or resign”

Senator Harry Reid: 1-800-459-1887  or  1-202-224-3542  don’t be afraid to let him know how you feel about the E-Verify issue.

UPDATE #2: 

Reminder.  Don’t forget to pay your taxes… 12 million Illegal Aliens are depending on you.

Hat tip to Mar, thx for another tidbit of history revived!

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Partially cut:

• $3.5 billion for energy-efficient federal buildings (original bill $7 billion)

• $75 million from Smithsonian (original bill $150 million)

• $200 million from Environmental Protection Agency Superfund (original bill $800 million)

• $100 million from National Oceanic and Atmospheric Administration (original bill $427 million)

• $100 million from law enforcement wireless (original bill $200 million)

• $300 million from federal fleet of hybrid vehicles (original bill $600 million)

• $100 million from FBI construction (original bill $400 million)

Fully eliminated

• $55 million for historic preservation

• $122 million for Coast Guard polar icebreaker/cutters – does this mean they finally are admitting that “Global Warming” is a myth they created?

• $100 million for Farm Service Agency modernization

• $50 million for Cooperative State Research, Education and Extension Service

• $65 million for watershed rehabilitation

• $100 million for distance learning

• $98 million for school nutrition

• $50 million for aquaculture

• $2 billion for broadband

• $100 million for National Institute of Standards and Technology

• $50 million for detention trustee

• $25 million for Marshalls Construction

• $300 million for federal prisons – Now how is this going to affect their goal of closing Gitmo? hmmm

• $300 million for BYRNE Formula grant program

• $140 million for BYRNE Competitive grant program

• $10 million state and local law enforcement – nothing like totally elimaninting funding to hire more law enforement to keep our communities safe. What kind of message is this sending?

• $50 million for NASA

• $50 million for aeronautics

• $50 million for exploration

• $50 million for Cross Agency Support

• $200 million for National Science Foundation

• $100 million for science

• $1 billion for Energy Loan Guarantees

• $4.5 billion for General Services Administration

• $89 million General Services Administration operations

• $50 million from Department of Homeland Security

• $200 million Transportation Security Administration

• $122 million for Coast Guard Cutters, modifies use

• $25 million for Fish and Wildlife

• $55 million for historic preservation

• $20 million for working capital fund

• $165 million for Forest Service capital improvement

• $90 million for State and Private Wildlife Fire Management

• $1 billion for Head Start/Early Start

• $5.8 billion for Health Prevention Activity

• $2 billion for Health Information Technology Grants

• $600 million for Title I (No Child Left Behind)

• $16 billion for school construction

• $3.5 billion for higher education construction

• $1.25 billion for project based rental

• $2.25 billion for Neighborhood Stabilization

• $1.2 billion for retrofitting Project 8 housing

• $40 billion for state fiscal stabilization (includes $7.5 billion of state incentive grants)

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