Does Anyone feel like Bailing

[TheMercenary]

Originally Posted by Redux

While some of the funds were to "jump start" an economy that was on the brink of collapse (and contributed to mitigating that collapse, according to many (most?) economists and created or saved over 600,000 jobs, according to CBO and GAO), the bulk of the grants and contracts have yet to be awarded (by design) and are dedicated to programs like building a national broadband network, alternative energy development projects, national infrastructure improvement, etc.

First of all the 600k number is right out of the White House talking points, the number is easily disputed. The CBO only takes the numbers Congress gives them and produces a result, and as such if you put BS in BS comes out. And even if 600k was accurate it would be pissing in the wind compared to the number of jobs lost. There were NOT 600k jobs produced, and the millions of jobs to be created as promised by Pelosi and Obama never happened, after they spent all the taxpayer money.

These programs are in the country's long-term economic interests and provide long-term economic benefits.

Well that is what the Demoncrats want you to believe. The public is beginning to see through your smoke and mirrors spending spree.

BUT, the issue under discussion here is how to prevent future bail-outs, shady investment practices, and questionable home mortgage loans.

And continuing to throw good money at bad investments and programs is not the answer.