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mad_doctor
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« on: December 17, 2009, 12:09:14 PM » |
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So, where does Congress come up with another $1.1 trillion for the pork-and-earmark bill they just passed? It starts with the "bailouts" from last year. The Treasury didn't have the money to bail out the banks, finance companies, and car companies, so they printed it and forced them all to take the money even though most of them didn't want it in the first place. So, while they're being bailed out, the government gets to regulate salaries, close branches, dealerships, subsidiaries, and generally have their way with them. Now that's done, they let them give the money back. But wait - that money didn't exist in the first place! It was printed for the "bailout"! If the money is no longer needed to save the world from crisis, perhaps they should take it out of circulation, or "unprint" it? Not if you're Congress - why do that when we have all this new money to spend, so let's make another $1.1 trillion pork-and-earmark bill!
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spork
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« Reply #1 on: December 17, 2009, 12:45:51 PM » |
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I think the Trilateral Commission has something to do with it.
Where is pyshnov?
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a.k.a. gum-chewing monkey in a Tufts University jacket
"Please do not force people who are exhausted to take medication for hallucinations." -- Memo from the Chair, Department of White Privilege Studies, Fiork University
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prytania3
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« Reply #2 on: December 17, 2009, 01:03:04 PM » |
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Actually I think they've recouped that much back from the TARP money. 45 billion here, 50 billion there--it adds up.
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Clowns, I tell you. Clowns.
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mad_doctor
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« Reply #3 on: December 17, 2009, 07:54:46 PM » |
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Yeah. Who was that who said, "a million here, a million there, and pretty soon you're talking about real money." That was in the 60s. These days it's, "50 billion here, 50 billion there..."
My point is that money didn't exist until a crisis was declared that necessitated the Fed to print it. Now they're telling us the crisis is over, and all this money is left over, but whoops, we may as well spend it. So, now it's just a $1.1 trillion pork & earmark bill instead of a crisis intervention. It illustrates very well the motto of this administration, "never let a good crisis go to waste".
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clean
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« Reply #4 on: December 17, 2009, 08:06:35 PM » |
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Researchers have been unable to track down the quotation most commonly associated with Dirksen. Perhaps he never said it, but the comment would have been entirely in character. Cautioning that federal spending had a way of getting out of control, Dirksen observed, “A billion here and a billion there, and pretty soon you're talking real money." http://www.senate.gov/artandhistory/history/minute/Senator_Everett_Mckinley_Dirksen_Dies.htm |
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"The Emperor is not as forgiving as I am" Darth Vader
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prytania3
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« Reply #5 on: December 17, 2009, 08:22:33 PM » |
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I think even Dirkson said it was a billion here and a billion there. |
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Clowns, I tell you. Clowns.
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missemily
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« Reply #6 on: December 21, 2009, 11:32:15 AM » |
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A relative of my husband worked for Dirksen many years. I recall her saying that Dirksen said, "A few million here, a few million there, and pretty soon you're talking real money." I may be "misremembering" whether it was million or billion, but the relative expressed no doubt that he actually made the statement.
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