How some of your tax dollars are being spent

[Gwizz]

Here's What They're Spending Your Money On  [iain Murray]

Thanks to Tom Coburn, here's the latest list of wasteful spending in the bill just passed by the House. Note also that the conference gutted some of the important amendments Senator Coburn got passed in the Senate.

"Wasteful and Non-Stimulative Spending in the House-Senate Conference Report (Note: Many of these items are typically debated and funded through the regular budget process. Including these items in an emergency

[Gwizz]

The Washington Times is reporting that President Obama's climate change plan "could cost the industry close to $2 trillion,nearly three times the White House's initial estimate of the so-called "cap-and-trade" legislation."

Massive tax and price hikes are expected under the plan, passed on to every American who drives a car, flips on a light switch or buys American products.  Obama is pushing the unproven global warming theory forward, while placing an enormous burden on a sagging U.S. economy.  The Obama budget is a radical, big government blueprint that will greatly expand government.  Some Senators are now beginning to realize that Obama's budget is a plan to impose a socialistic agenda.

[thomasjordan]

Well, I finished my taxes last night.  For the first time in my life, I got hit with the AMT, even though my adjusted gross income was a few thousand less than last year.  And Obama doesn't think I pay "my fair share?"  Phooie.  All those folks out there who are screaming give me something for nothing are taking the money to pay for it out of my pocket.  More phooie.

[Gwizz]

I heard that Obama has only spent 7 percent of the 800 Billion Stimulas loan.

The first interest payment is now due on that loan.

I guess he is too busy campaigning to be the new president of the world to have time to divide up the money.

and I thought he was only kidding about ruling the world.  From some of his comments to foreign powers he must think he is the savior for the world.  But then he could be using the money to build up that private army he talked about, wanting it be as powerful as the US army.  That should cost the taxpayers a trillion dollars.

 

[Gwizz]

WHAT HAS OBAMA DONE SO FAR.  SURPRISE, SURPRISE.

Let's review...itemized list of some of Barack Obama's most recent actions since his inauguration:

His first call to any head of state, as president, was to Mahmoud Abbas, leader of Fatah party in the Palestinian territory.

His first one-on-one television interview with any news organization was with Al Arabia television.

His first executive order was to fund/facilitate abortion(s) not just here within the U. S. , but within the world, using U. S. tax payer funds.

He ordered Guantanamo Bay closed and all military trials of detainees halted.

He ordered overseas CIA interrogation centers closed.

He withdrew all charges against the masterminds behind the USS Cole and the "terror attack" on 9/11.

Now we learn that he is allowing hundreds of thousands of Palestinian refuges to move to, and live in, the US at American taxpayer expense.

These important, and insightful, issues are being "lost" in the blinding bail-outs and "stimulation" packages.

Doubtful? To verify this for yourself:

  www.thefederalregister.com/d.p/2009-02-04-E9-2488 <http://www.thefederalregister.com/d.p/2009-02-04-E9-2488>

--

"I contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle .."

-- Winston Churchill

 

[thomasjordan]

Gwizz:

Please note that is a blog website.

The actual Federal Register website is here: http://www.gpoaccess.gov/fr/

[Gwizz]

That site looked correct.

I searched a bit deeper.

http://www.federalregistersearch.com/

[thomasjordan]

Gwizz:

Nope.  The advertising and the .com address should be giving it away to you.

All official websites end with .gov and none of them have advertising.

I'm not saying the stuff there isn't real, just that it has been posted by somebody.  It may or may not be real.

[Gwizz]

Your right.  Just because the site info looks like The Federal Register site, the information could have been changed.

A number of private sites seem to have the same information. But, there is too much info to read, to be sure.

Any way, I was looking for summary information.  But trusting a site without a research team is near impossible.

It looks like The Federal Register needs permission to publish.  So, finding something that was purposely lost, may also be near impossible to find.

[Gwizz]

I heard this morning that the total cost to the taxpayer for the trade-in a clunker program was $24,000 per vehicle.  That is about 5 times what was payed out.  Government expenses, bonuses, interest or something ran the taxpayer's cost into the absurd range.

Well! what else is new.

[thomasjordan]

Gwizz:

The article I read quoted Edmunds.  According to the article, about 5/6 of the cars traded in during cash for clunkers would have been traded in this calendar year anyway.  Edmunds cited the stats to more or less prove it.  Also quoted an exec from Ford saying the same thing.

The Ford guy did agree that it picked up sales for a short period of time, but that it wasn't likely to have any long term effect on anything.

Anyway, that's how the $24,000 was calculated, by figuring that 5/6 of the cars would have been bought anyway, without the taxpayer handout.