House passes stimulus bill; Republicans complain

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AnonymousAnonymous
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28 Jan 2009, 7:07 pm

The stimulus bill was cut or "modified" by $6 billion, making it $819 billion
instead of the $825 billion President Obama wanted.

The President welcomed the slight decrease
and the bill will go to the Senate where Republicans
will have more input. The Senate has pledged to
have the bill ready to sign by the middle of February.

House Republicans, led to Rep. John Boener of Ohio
complained that the bill contained too much spending.
Their version of the bill contained no spending,
but was full of tax cuts. It was overwhemingly defeated by a 2-to-1 vote.


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ruveyn
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28 Jan 2009, 7:54 pm

AnonymousAnonymous wrote:
The stimulus bill was cut or "modified" by $6 billion, making it $819 billion
instead of the $825 billion President Obama wanted.

The President welcomed the slight decrease
and the bill will go to the Senate where Republicans
will have more input. The Senate has pledged to
have the bill ready to sign by the middle of February.

House Republicans, led to Rep. John Boener of Ohio
complained that the bill contained too much spending.
Their version of the bill contained no spending,
but was full of tax cuts. It was overwhemingly defeated by a 2-to-1 vote.


The Obamanistas will throw money out our problems and maybe some of it will stick. Good luck to him. FDR tried it and failed. It required a war to end our Great Depression.

ruveyn



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29 Jan 2009, 12:08 am

Over $400 Trillion in real money lost.

This will be fixed by Congress printing $2 Trillion in tax futures?

The banks alone are $4 Trillion in the hole over the fall in housing, and housing is still dropping.

Corporate earnings are down 75%, layoffs are coming by the tens of thousands a day, foreclosurers triple, and the market went up 200 points today?

Citi and Merill report that they gave $60 Billion to one profitable drug company to buy another profitable drug company, and lay off 8,000. They paid a lot more than it was worth. The bank bailout funds at work. Now they are asking for several trillion more.

Bush Bucks I, did not work, so Bush Bucks Mark II follows failure with failure, plus Corporate Welfare.

Social Security is a Ponzi, the government has a huge unfunded pension liability and they are causing this situation to get out of it.

The answer is, no taxes on $30,000 for one, $50,000 for a family, no Social Security, this year, all refunded at tax time.

Moderate taxes on those making more, progressive, till a $400 million bonus is taxed 99%.

All levels of government, must join Social Security, no special retirements, now.

Layoffs in the private sector must be matched with layoffs in government.