Home > KING OBAMA > Obama Still Doesn’t Get It, More Wastefull Spending.

Obama Still Doesn’t Get It, More Wastefull Spending.

Obama Proposes More Wasteful Spending

Another Obama Stimulus Boondoggle

You really have to wonder if Barack Hussein Obama was dropped on his head as a baby, he apparently is mentally challenged or such a slave to his socialist dogma he cannot change course even if it means destroying our economy. His economic policies are failing horrible and now he is proposing more of the same. The whole pitch for his almost one trillion dollar Stimulus 1.0 was it would be packed full of “Shovel Ready” infrastructure projects that would light a fire to the ailing economy. Well two years out unemployment is still rising and there are no signs at all off the recession ending. This week his big plan to revive the dismal economy is Stimilus 1.5 that just continues his failed big government socialist agenda. If the almost trillion dollars spent already didn’t work why in the hell would 80 billion more do anything at all. The so called shovel ready infrastructure ended up bailing out union pension funds and funding all sort of lunatic projects aimed at paying back his political cronies.

*Florida Atlantic University in Boca Raton, Florida used $15,551 in stimulus money to pay two researchers to study how alcohol affects a mouse’s motor functions.
*The U.S. government handed over a staggering $54 million in “stimulus cash” to Connecticut’s politically-connected Mohegan Indian tribe, which runs one of the highest grossing casinos in the country.
*Syracuse professor of psychology Michael Carey received $219,000 in federal stimulus money for a study that examines the sex patterns of college women.
*$1.15 million in stimulus funds was allocated for the installation of a new guard rail around the non-existent Optima Lake in Oklahoma.
*Researchers at the State University of New York at Buffalo received $389,000 to pay 100 residents of Buffalo $45 each to record how much malt liquor they drink and how much pot they smoke each day. Instead of spending nearly $400,000, the U.S. government could have achieved the same goal by having a couple of scientists join a fraternity.
*$100,000 in federal stimulus funds were used for a martini bar and a brazilian steakhouse.
*A dinner cruise company in Chicago got nearly $1 million in stimulus funds to combat terrorism.
*$233,000 in stimulus money went to the University of California at San Diego to study why Africans vote.
*The Cactus Bug Project at the University Of Florida was allocated $325,394 in stimulus funds to study the mating decisions of cactus bugs. According to the project proposal, one of the questions that will be answered by the study is this: “Whether males with large weapons are more or less attractive to females.”
*One Denver developer received $13 million in tax credits to construct a senior housing complex despite that fact that the same developer is being sued as a slumlord for running rodent-infested apartment buildings in the city of San Francisco.
*Sheltering Arms Senior Services was awarded a contract worth $22.3 million in stimulus money to weatherize homes for poor families in Houston, Texas – but a new report from Texas Watchdog says that the weatherization work was performed so badly that 33 of the 53 homes will need to be completely redone.
*A liberal theater in Minnesota named “In the Heart of the Beast” (in reference to a well known quote by communist radical Che Guevara) received $100,000 for socially conscious puppet shows.
*California’s inspector general found that $1 million in stimulus funds for a program to give summer jobs to young people was improperly used for overhead expenses such as rent and utility bills.
*Landon Cox, a Duke University assistant professor of computer science, was awarded $498,000 in stimulus money to study Facebook.
*The town of Union, New York is being urged to spend $578,000 in stimulus money that it did not request for a homelessness problem that it claims it does not have.
*Lastly, who could forget the $3.4 million “ecopassage” to help turtles cross a highway in Tallahassee, Florida?

Yes, the U.S. government sure knows how to waste money.
And the truth is that there is simply no way that the U.S. government would have been able to accumulate a debt of over $13 trillion dollars (and growing exponentially) without being incredibly skilled at wasting money.
In fact, the Pentagon says that there are literally trillions of dollars that it cannot account for.

Stimulus Waste
More Stimulus Waste
Stimulus Corruption

The list of waste could fill page after page but you get the point, the current earmarks in the Democrats budgets could fill even more pages.
While your sitting down next time paying bills take a minute to add up all the mickey mouse taxes. Between Local,State and Federal taxes the
middle-class taxpayer is being hammered from all sides, and the way its being wasted is absolutely disgraceful. Here in Ohio even after all
Obama, Pelosi and Reid’s obscene spending spree of your hard earned income many counties are still experiencing unemployment levels of 10 to almost 16 percent.

Highland County 15.8%
Meigs 15.3%
Noble 14.7%
Pike 14.5%
Monroe 14.1%
Adams 14.0%

Most of the 88 other counties are not much different, and yet they keep spending our future away.

The Mother of All Big Dig Boondoggles
By Michelle Malkin • September 8, 2010 09:11 AM

Obama’s $50 Billion Union Infrastructure Boondoggle
by Michelle Malkin
Creators Syndicate
Copyright 2010

President Obama calls his latest attempt to revive the economy a “Plan to Renew and Expand America’s Roads, Railways and Runways.” I’m calling it “The Mother of all Big Dig Boondoggles.” Like the infamous “Big Dig” highway spending project in Boston, this latest White House infrastructure spending binge guarantees only two results: Taxpayers lose; unions win.

The plan would add at least $50 billion more to the nearly $230 billion already allocated in the original trillion-dollar stimulus law for infrastructure. Less than one-third of that infrastructure stimulus money has been spent, but the urgency to pile on has increased exponentially as the midterm elections approach and unemployment hovers near 10 percent. So, the president says he wants to “put people back to work” through a new “upfront investment” in surface transportation, airports and the air-traffic control system paid for by repealing tax incentives for the oil and gas industries — followed by massive, unpaid-for expenditures on pie-in-the-sky high-speed rail, “environmental sustainability” and “livability,” whatever that means.

Obama spoke emotionally at an AFL-CIO rally on Labor Day about unemployed construction workers. A “lot of those folks, they had lost their jobs in manufacturing and went into construction; now they’ve lost their jobs again,” he said. “It doesn’t do anybody any good when so many hardworking Americans have been idled for months, even years, at a time when there is so much of America that needs rebuilding.”

But here’s the rub: Not all workers are equal in Obama’s eyes. And most of them will remain “idled” by the Democrats’ own design. The key is E.O. 13502, a union-friendly executive order signed by Obama in his first weeks in office, which essentially forces contractors who bid on large-scale public construction projects worth $25 million or more to submit to union representation for its employees.

The blunt instrument used to give unions a leg up is the “project labor agreement (PLA),” which in theory sets reasonable pre-work terms and conditions — but in practice, requires contractors to hand over exclusive bargaining control; to pay inflated, above-market wages and benefits; and to fork over dues money and pension funding to corrupt, cash-starved labor organizations. These anti-competitive agreements undermine a fair bidding process on projects that locked-out, nonunion laborers are funding with their own tax dollars. And these PLAs benefit the privileged few at the expense of the vast majority: In the construction industry, 85 percent of the workforce is nonunion by choice.

We don’t need to theorize about how this shakedown works in the real world. Boston’s notorious Big Dig was a union-only construction project thanks to a Massachusetts government-mandated PLA. The original $2.8 billion price tag for the project skyrocketed to $22 billion in state and federal taxpayer subsidies thanks in no small part to ballooning labor costs. In February, the Bay State’s Beacon Hill Institute found that PLAs added 12 percent to 18 percent to school construction costs in Massachusetts and Connecticut. In Washington, D.C., the Department of Veterans Affairs commissioned an independent study showing that PLAs would increase hospital construction costs by as much as 9 percent in some markets.

In short, Obama’s new Union Infrastructure Rescue Plan is a political favoritism scheme that raises the cost of doing business and bars tens of thousands of skilled, nonunion laborers who choose to run open shops from securing work. In the name of patching up America’s highways and byways, Mr. Fix It would create another gaping fiscal sinkhole to appease his special interest donors. Recovery Summer turns to Union Payback Fall.

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