Saturday, August 15, 2009

The Administration That Couldn't Shoot Straight



Gaffe after gaffe, bad prediction after bad prediction, broken promise after broken promise, President Obama is the antithesis of Senator Obama. A man that once had the midas touch, that could turn water into wine, dissent into consensus, could spin plattitudes into gold now has the heatmiser's touch - every thing he touches, melts in his clutches.

From jobless numbers, to GDP growth, to unemployment figures, to budget estimates this administration has become the Big Dig of Presidents - we hear a lot of "On time and under budget" coming from Robert Gibbs, while we see more and more missed predictions, budget overruns, and "stimulus" projects being robbed blind by public and private sector members alike. This is truly the Administration That Couldn't Shoot Straight, may their single term pass quickly.

Clunker bucks buy guzzlersUnder the $3 billion program, buyers can get rebates of up to $4,500 to purchase massive vehicles such as a Hummer H3T, a six-cylinder Cadillac SRX, or the 19-mpg Lincoln MKX - as long as they are trading in vehicles with at least 2 mpg less in fuel efficiency than the new purchase. And the new wheels can’t cost more than $45,000.

$200 per child for school supplies: The Real Deal“One person said she was going to buy a cell phone, I said ‘Wow, I thought the money was supposed to be for the kids -- other people were just buying cigarettes and beer,” says Sunoco gas station owner Diane Goly.

Biden: We 'Misread the Economy' "We misread how bad the economy was, but we are now only about 120 days into the recovery package," he said. "The truth of the matter was, no one anticipated, no one expected that that recovery package would in fact be in a position at this point of having to distribute the bulk of money."

Wasted Stimulus Bill Money (an excerpt)

$50 million for the National Endowment for the Arts
$1 billion for community-development block grants
$4.2 billion for “neighborhood stabilization activities”
$650 million for digital-TV coupons; $90 million to educate “vulnerable populations”
$600 million to convert the federal auto fleet to hybrids
$450 million for NASA (carve-out for “climate-research missions”)
$600 million for NOAA (carve-out for “climate modeling”)
$1 billion for the Census Bureau
$89 billion for Medicaid
$20 billion for food stamps
$7.6 billion for “rural community advancement programs”
$150 million for agricultural-commodity purchases
$150 million for “producers of livestock, honeybees, and farm-raised fish”
$2 billion for renewable-energy research ($400 million for global-warming research)
$2 billion for a “clean coal” power plant in Illinois
$6.2 billion for the Weatherization Assistance Program
$3.5 billion for energy-efficiency and conservation block grants
$300 million for energy-efficient-appliance rebate programs
$400 million for hybrid cars for state and local governments
$1.5 billion for green-technology loan guarantees
$8 billion for innovative-technology loan-guarantee program
$2.4 billion for carbon-capture demonstration projects

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