Blog Entry

Slipping the big one in tight spaces....

Posted on: October 12, 2008 2:59 pm
 

Usually pleasure follows that comment, but not this time. Looking at the pork installed in the bailout plan is reprehensible.  Where is the outcry from the Media.  Maybe they could take their lips off the Messiah for a little while and ask the question WTF were they thinking putting pork in a bailout bill?  Oh of course not.  That would mean they come off the campaign trail and go back to doing their job - asking the right questions and keeping the political whores honest.  But that is not possible given the Leftist press who has dropped all pretense about being neutral and just boldly tells of the the tingling feelings when Ob speaks.

I would love to know how much money is wasted in earmark and pork barrel spending each year.  In my company we know how much we spend on cell phones down to the individual, we know their travel expenses and we strive to keep them as low as possible, we know how much we spend on training, on paper, on community service, on benefits, on ink pens, on everything and with that level of oversight we control costs for our stockholders.  We are good stewardesses of their money.  You expect that CEOs and CFOs be held responsible with stockholder money, with your retirement dollars if you invested in them, to provide for the community and its customers, you hold them accountable.  How is that different for our politicians? They seem to lack oversight - that is until we start voting them ALL out of office.  We the tax payers are STOCKHOLDERS in AMERICA.  I want to know how much paper we use, how much we spend on ink pens, how much we spend on pork, I want to apply Lean Principles to our Government.  And that means no more BS programs that are nothing more than handouts.  STOP this CRAP!!!

I am "All of the Above" on energy and "None of the Above" on politicians.  Make it so.....

From the Wall Street Journal I found this quote....

"I have all I need to live on for the rest of my life, provided I am hit by a bus tomorrow."  That sounds hopeless. 

Back to the tight spaces........

Comments

Since: Oct 19, 2007
Posted on: October 13, 2008 3:29 pm
 

Slipping the big one in tight spaces....

What I heard / read were two additions to the initial bailout that didn't get out of Congress.  The elevated FDIC insurance to $250K from $100K and a one year extension on reducing the impact from the AMT.  Just through inflation the FDIC insurance should be at $250K or more anyway, and on the AMT a one year fix is better than nothing, but darn it why not eliminate it altogether already.  Nobody should  have to prepare what amounts to two full sets of tax returns with the 1040 giving and the AMT taking away what the 1040 gave.  It is utter insanity.

So, I see nothing really controversial in the FDIC or AMT changes.  Just two fairly non-controversial things for the Congressmen that voted against the bill initially to bring home to justify their change to a yea vote. 

I'm not surprised there was other stuff put in the media didn't bring out (or I missed), but does anybody know what pork outside of the bailout itself was in the bill? 

Please pass the KY.  I need something to take my mind off of all this.....




Since: Oct 14, 2006
Posted on: October 13, 2008 1:39 pm
 

Slipping the big one in tight spaces....

Smorige...

All Earmarks are not necassarily a bad thing...and some of the pork barrel spending may not be either...I think intstead of thinking these are some kind of dirty words in politics , you may want to take a look at exactly what anes where the monies are going..

I am not saying all of it is being used for the right purposes, but some or most of these EARMARKS are for programs funded by the federal government with lines drawn to states that may need the funds more than others. I would wager  to say that the 10 poorest states in the Union would not be able to survive without these pericieved dirty words of politics..

The real issues stem from contractors or companies that  have the upper hand in RFP's that create unfair competiton practices  and in a lot of cases a conflict of interest...aka Haliburton..




Since: May 14, 2008
Posted on: October 13, 2008 4:24 am
 

Slipping the big one in tight spaces....

Smorgie,

     It has been awhile since our last talk.  I also find it very disturbing that politicians use millions of tax dollars on nonsense. 

How have things been going?

 

David




Since: Mar 6, 2007
Posted on: October 13, 2008 12:59 am
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