Showing posts with label wasteful spending. Show all posts
Showing posts with label wasteful spending. Show all posts

Monday, March 9, 2009

A second stimulus package...

I keep hearing about a second stimulus package. What the fuck? The first stimulus package hasn't even been put in effect yet and they're thinking about a second one? They don't even know if the first one will work yet but they still think it's a good idea to bring out another one? This is ridiculous. A $700-800 billion stimulus package isn't enough? I can't even remember how much the first stimulus package was. It was an inconceivable amount. I just can't believe the bullshit that is going on in Washington. Spend, spend, spend. The attitude seems to be "have a problem? Just throw money at it and it will go away." Well I hope it works. Otherwise we're all fucked. Actually, I think we're all fucked regardless. Maybe if it works we'll be fucked a bit less but still fucked nonetheless.

Well, enjoy your fucking, America.

Friday, December 19, 2008

Schwarzenegger Vows To Veto Democrats' Budget Plan

SACRAMENTO (AP) --Democratic lawmakers on Thursday pushed through an $18 billion package of cuts and tax increases to reduce California's burgeoning budget deficit, but Gov. Arnold Schwarzenegger said it didn't go far enough and immediately said he would not sign it.

He said lawmakers sent him a "terrible budget" that didn't make deep enough cuts or include the kind of economic stimulus he wanted to boost California's ailing economy.

"This proposal that they've sent and this package that they are sending down does really only do one thing, and this is punish the people of California," he said at a news conference shortly after the vote.

Democrats and Republicans have been unable to compromise on a way to address a deficit that is expected to hit $42 billion in the next 18 months. Schwarzenegger first called them into a special session to tackle the problem on Nov. 5.

In a sign that the impasse was taking a toll, a state panel on Wednesday voted to stop lending money for an estimated 2,000 infrastructure projects statewide through June, an unprecedented move that the board said was necessary because California can no longer afford the work.

California has not been able to borrow money for months and faces a cash shortage in February.

The package passed Thursday would have generated another $9.3 billion in general fund revenue by replacing gasoline taxes with a variety of fees.

It would have raised the taxes Californians pay on gas by about 13 cents, replacing an 18-cent-a-gallon excise tax and a fluctuating sales tax with a 39-cent-per-gallon fee; raised the state sales tax by ¾ of a cent; tax oil produced in California; boosted personal income taxes by a 2.5 percent; and collected taxes from independent contractors upfront.

The shortfall for the fiscal year that ends in June is nearly $14 billion, about 10 percent of the state's $144.5 billion budget. But that hole is expected to grow in the next fiscal year unless lawmakers cut spending, raise revenue or do a combination of the two.

CBS5
What? Are these Californian Democrats nuts? They want to raise taxes in this faltering economy? The state has the highest taxes in the country and apparently that is not enough to keep a balanced budget!?! What is this bullshit? Cut the fucking spending! You're the largest state in the country. Get your act together. You have an 18 billion dollar deficit. Then cut 18 billion dollars worth of spending! Its that simple.

What are they spending all this money on?

Raising taxes in this faltering economy will NOT fix California's problems, it will only make them worse. The only logical solution is to drastically cut spending.

Wednesday, September 3, 2008

Wasteful Spending?

The conservative Republicans talk a lot about keeping taxes low and cutting wasteful spending, but what do they mean by wasteful spending? You know what I call wasteful spending? All the money we're wasting in that shithole named Iraq. Now that's what I call wasteful spending. They don't seem to mind dumping ten billion dollars a month into Iraq, though. But god forbid, should we establish a national health care system and let the government foot the bill. Nope, we can't have that. I could think of a lot of ways to wisely spend that money here in our own country – to our own benefit.

And not only wasteful spending, but look at all of the lives sacrificed on this meaningless war in Iraq. Do the Republican Conservatives really think we're going to win the war in the long haul? I think not. The Islamic extremists have nothing to lose. They will sacrifice their own lives because they are convinced they are doing right, and will do everything and anything in their power to defeat us. Other than their lives, they have nothing to lose. We are the ones who are fighting to retain what is ours. Look at what this war is doing to our economy. It is killing us. The value of our dollar is decreasing, while the Euro is getting stronger. We are in debt like never before. We're borrowing money from China because we can't afford our expenses here at home. Fuel prices are skyrocketing. Our own citizens are struggling to survive and our own government doesn't seem to give a fuck. We are crumbling. We're indebted to China and soon they are going to own us.

And these asshole Republicans are naive to think we are winning? HELLO!! The Islamists are winning! We're in the exact position they want us to be in. We are the one sacrificing our young soldiers.

The Islamists are going to win, folks. It's only a matter of time. Those who have nothing to lose will always prevail over those who are trying to protect something. We are the losers, and the sooner we realize that, the better off we'll be.