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On Hardball while discussing the Obama administration's proposed stimulus package, Brian Bilbray cites a report by the CBO saying much of the money would not be spent until after 2011. As reported by the Huffington Post, it turns out that report by the CBO does not exist. I can't believe it. Republicans just making crap up again. I'm shocked! Heh.

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18 Comments
miss_kitty's picture

Old habits die hard, and the Thugs prove that over and over and over again.

ralph's picture

Remember this is the guy who took over "Duke" Cunniscam's seat.

I say we take all the money that was made from the war, by the war- profiteers and divide it up amongst the families of the men and women that died or were injured in the illegal wars.

That should give a good boost to the economy!

Super_Bear's picture
Hmm

I could get on board with that.

Truth B Told's picture

We will not get out of this crisis by creating another trillion $$$ of debt.

We have no manufacturing base anymore, at least not one that can grow the US out of this.

Jo's picture

gets in a suggestion for Medicare for all. Sounds good to me. Moran nixes it.

Hey, Moran, Medicare for all would eventually SAVE money ya idiot.

with an honest economy and the books of the US open for all to see and to verify, maybe that might be plausible...

but this is all based on a crooked economy, a crooked banking system, a wildly crooked political system...

it isn't going to happen. the SYSTEM will protect itself against meaningful change.

the last thing the elites want to give you is economical medical care.

Jo's picture

What we will get is MANDATED health insurance and they can all smile and pat each other on the back and be reassured that we all have health care.

Health insurance does not equal health care.

Super_Bear's picture

I ended up having to have a 50,000 dollar operation (on the taxpayers dime) which wouldn't have gotten to that point had health care been affordable for me.

Did I tell you that Republicans are irrelevant.

Dr. Squid's picture

He must be huffing his surfboard wax again.

Trantorian's picture

rubber stamper put in office by a bunch of rich, closed minded, self interested republican donors who got (stay) rich by profiteering off the Bush wars and relying on the hope that no one is paying attention to their bullshit.

WRONG!

He's truly the model of the republican party. He represents his constituency well.

My thanks to Huffpo and others who vetted this ignoramus and his cohorts over their blatant lies.


"Someday somebody related to some of these sufferers, these victims, these collaterally damaged souls, may try to kill you. And I have to tell you, I think you’ll have it coming." - Christopher Cooper

Whitehouse's picture

....In that Huff article. Obama takes the word, Pelosi listens with a smile on her face and "Boner" has a face like a thunderstorm.

Classic!

NoBuddy's picture

Unless we change the underlying structure of the economy, the stimulus will only kick the ball down the road.

(1.) Health care - As President Clinton said on Letterman, we spend 16% on health care, while our competitors in Japan and Europe spend 11%, they cover everybody, while we leave 16% of our people without coverage. Unless we establish a health care system that matches or betters our competition, our economy won't be competitive.

(2.) Free Trade - Ross Perot ran on the campaign that the signing of Free Trade agreements would lead to the “giant sucking sound” of American job losses. The sucking sound was masked first by the Nasdaq bubble, and then by the real estate bubble, but is prominently present now. Adherents of free trade proclaim that trade deficits come back to America as investments in stock equity. While that is so, the strategy has the same merits as a reverse mortgage. Reverse mortgages are only appropriate when one is near the end of life expectancy.

(3.) War on Drugs - We spend $48B federally on the war on drugs. Meanwhile, Afghanistan's number 1 export is heroin. What if we say, if, you are addicted to heroin, then, you can see the doctor for your maintenance prescription? Forget about seeing the dealer that got you addicted in the first place. Then, that eliminates the motivation of the dealers to addict new users. It would reduce gun violence. However, our heroin distribution has been traditionally handled by certain organized crime syndicates, so this aspect of funding to al-Qaeda and the Taliban has been off the table so far. A similar approach needs to be taken to crack cocaine, and then the gun violence would be reduced about 70% in the cities. Drug addition needs to be classified as a medical problem, not a crime problem, and, I suspect, greater than $48B would be saved.

(4.) Less I forget, we don't need to be spending greater that 50% of the world's expenditures on the military. While advocates of military spending will say that military spending will stimulate the economy, any domestic spending will do that; what we need is spending that will make our economy more competitive. Meanwhile, we need to pursue more alliances in the world, to share in the military spending. For example, if there is a need to have an Anti-ballistic missile system in Poland to protect Europe, then let Europe finance and pay for it. We need to end the costs of America, the world's policeman.

So long as the underlying fundamentals aren't addressed, we're kicking the ball down the road. Instead of dealing with these issue now, we'll have to address these issue later. I'm especially struck by the proclamation that a dollar spent in unemployment yields a benefit of $176, and a dollar spent in food stamps yields $1.64. The problem with Keynesian economics is that it assumes that the manufacture occurs in the same country. Under the current scenario, we're as likely to stimulate the economy of China as much, if not more, than our own. We're not going to cure what ails us, until what we consume in America is made in America. Everybody intuitively knew that if we drove the American labor force in competition with $1/hour labor, that it would drive the standard of living down in this country. While it was temporarily masked by a Nasdaq bubble, and later on, by a real estate bubble, the policy is rearing its ugly head now.

Did this schmuck go to college? Doesn't he and the GOP realize that you get kicked out of school for falsefying data on term papers?

Danp's picture

Whether there was or wasn't a report depends on whether you use a Webster's Dictionary definition or the CBO definition. The CBO uses a very narrow and internal definition, by which the document they produced does not qualify. But to someone who is merely using the English language, that document was a report, and it did come from the CBO. It was flawed. It was limited. But it was a report.

lost_nacf_gop's picture

Shillbray only won re-election here in Dukester-land by less than 5 percent over a 33 year old no-name opponent.

The bad news is that it was still a loss, and that even after 8 years of the WPE, 16 years of the boorish and decadently corrupt-until-the-the-tearful-guilty-pleading Randy Cunningham, this posters li'l ol' community still votes for anything with an "R" after its name. All Shillbray had to do was temporarily join the raucous choir of braying "illegals, this, and Illegals that" and he got his magic 50.2 percent of the vote. He doesn't really have to do anything - because GOPers believe that the government doesn't work - so why should he?

Trantorian's picture

correct. Especially if travel east of the 15. It's like Oklahoma out there.


"Someday somebody related to some of these sufferers, these victims, these collaterally damaged souls, may try to kill you. And I have to tell you, I think you’ll have it coming." - Christopher Cooper

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