The cornerstone of Obama’s Labor Day speech before a union audience was a $50 billion transfer of wealth from taxpayers to Big Labor. Porkulus 3.0 will not create jobs for years (if at all), but it will raise gasoline prices
Aside from taking time to feel sorry for himself, Obama unveiled a proposal to spend $50 billion on roads and infrastructure, which he promised “will not only create jobs immediately, it’s also going to make our economy hum over the long haul.”
His administration immediately admitted he lied. A senior Obama official, who would speak only anonymously, said: “We’re not like trying to put out an idea today that in October 2010, this is going to create a lot of jobs. This is not what this is.”
The Washington Times added, “Senior administration officials said measures for economic progress will take effect mostly in the long run and likely will do little to lower the 9.6 percent unemployment rate anytime soon.” (Emphasis added.) Even if it is passed, “Congress might not authorize funding for the six-year plan until after November and that no more jobs will be created until 2011.”
Most of those jobs would be staffed by the people behind him on the stage: union thugs and Democratic Party donors. The AFL-CIO and SEIU together have devoted $88 million to the 2010 midterms, which is $20 million more than unions spent in 2008. They have already spent $14 million in California alone to support Democrat Jerry Brown. Obama’s payback to the unions is by no means coincidental.
However, the plan Obama is selling to cure unemployment today (“immediately”) will not be in effect fully until after his second term (or, we pray, his successor’s first).
Reading the fine print reveals something else: the price tag is not really $50 billion.
The Washington Times reported that administrations officials would not even reveal how much the full plan costs, only that they claimed $50 billion is “a large percentage” of it.
The New York Times for once has a more honest estimate. It figures the total cost will run closer to $400 million. The $50 million is the attempt to “frontload” the waste — err, “stimulus.”
The NYT also revealed how this will be paid for: by you, at the gas pumps. “The White House is proposing to offset the $50 billion by eliminating tax breaks and subsidies for the oil and gas industry,” it reports. Those industries will promptly pass those new costs onto consumers, raising gasoline prices higher yet. Coupled with a potential Mideastern war over Iran’s nuclear program, gasoline could hit catastrophic price levels. That idea makes Obama’s Green Left advisers smile uncontrollably, since they see human impoverishment as good for the environment.
There may be new costs to drivers, as well. Obama called for an “Infrastructure Bank” to regulate and finance these ventures. One such proposal, made by Rosa DeLauro, D-CT, states that any private company that helped finance roads and bridges should “expect a competitive return on their money, so many of the completed projects would have to charge fees, taxes or tolls.”
The program will have no discernible effect on unemployment, will cost much more than advertised, raise gasoline prices, and make driving over public roads a potentially costly experience. In return, Obama will transfer massive sums of taxpayer money from people who earned it to union bosses and their foot soldiers, the backbone of the Democratic Party. Most likely, government propaganda signs will dot every project, announcing that Barack Obama is “Putting Americans Back to Work.”
Obama is putting Americans to work — for generations, to repay the debt he is running up to bribe his thuggish allies and impose his radical agenda.
Photo Credit: marcn (Creative Commons)
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Years ago I felt that unions were destroying our country. In the days of sweat shops they served a useful purpose. Since we have actual LAWS to protect employees, unions have become nothing more than legalized extortionists, sucking the life out of every American. We must take back control of our country in November by voting out every progressive, power hungry thug sitting in Congress. Stay informed America, verify the people up for election in your state and go vote in November. Do not be apathetic that there is nothing you can do. We CAN make a difference as individuals if we all stick together. UNITED WE STAND. Let's show them that all the millions of dollars the unions are spending CANNOT BUY OUR FREEDOM. Letfreedomringnow.com
Like everything good it goes bad.
I asked God to take away my habit…
God said, No.
It is not for me to take away,
but for you to give it up.
I asked God to make my handicapped child whole.
God said, No.
His spirit is whole, his body is only temporary.
I asked God to grant me patience.
God said, No. Patience is a byproduct of tribulations;
it isn't granted, it is learned.
I asked God to give me happiness..
God said, No..
I give you blessings;
Happiness is up to you.
I asked God to spare me pain.
God said, No.
Suffering draws you apart from
worldly cares
and brings you closer to me.
I asked God to make my spirit grow..
God said, No.
You must grow on your own,
but I will prune you to make you fruitful.
I asked God for all things
that I might enjoy life.
God said, No.
I will give you life,
so that you may enjoy all things.
I asked God to help me LOVE others, as much as He loves me.
God said… Ahhhh,
finally you have the idea..
In world view of how people are today…that is a scarry thought…
Yep, our THIEF-IN -CHIEF is at it again!!!!! STEALING tax payers MONEY to buy HIS VOTES WITH!!! This person is the most THIEVING CRIMINAL I have ever known about!! TO HELL with the FRAUD!!!!
Clean out all the America-hating Marxists in the Government in November and beyond!
Get America OFF the road to serfdom! STOP this PHONY, Leftist Hope and Change!!
To obtain REAL HOPE AND CHANGE, we grass-roots Constitutional Conservatives,
Tea Party Activists, and other true American Patriots of ALL races must UNITE!
WE HAVE THE MORAL HIGH GROUND!! Get registered as Republicans in your State
if it is not too late. Educate yourselves on where each candidate stands on the issues.
Vote for ONLY grass-roots Constitutional Conservatives and Tea Party candidates
in the Republican Primary elections. VOTE OUT the RINOs, Country-clubbers, and
Republicrats – THIS MEANS VOTE THE ESTABLISHMENT CANDIDATES OUT – in the
Primaries and take our Party back! Then vote for these Republicans in November and
take our COUNTRY back! Investigations, likely impeachment, and possible arrest,
of the current administration, and others, will surely follow!! Do the same in 2012 AND
elect a REAL American Patriot for President. Only then can we fully restore this great
Nation to a Constitutional Republic with a Government OF the People, BY the People,
and FOR the People! YES WE CAN!
The dates on which the 2010 Primary Elections are being held are listed by State
and Territory at http://www.fvap.gov/resources/media/vaghandout3.p… . You will
need the latest version of Adobe Reader installed on your PC to view this .pdf file. The
Virgin Islands will be holding their Primary Elections on Saturday September 11, 2010.
Delaware, the District of Columbia, Maryland, Massachusetts, New Hampshire,
New York, Rhode Island, and Wisconsin will be holding their Primary Elections on
Tuesday September 14, 2010.
GET OUT AND VOTE!!!
I think you have to do more then just vote maybe a little prayer if you believe, to give such a small group of people such a large amount of taxpayers dollars and to think they will execute their office honestly and ethically. Don't know sort of like well unrealistic.
Nothing here for working Americans that are not on the government hook, not union. This is an Obama scheme to reward his union supporters and keep them backing libs in the coming election. They get kickbacks from every dollars they funnel to unions. How do I know this is money for unions and kick backs ? Because the Obama administration has it rigged so that contractors with the fed must hire only union workers. And unions force their members to pay dues which are in turn used to bribe Liberal politicians. Wheather it happens this year or next really does not matter, the unions can spend the money for their corrupt purposes on the come. Even if it would have any real impact on the economy it would force more employed Americans to get signed up with the polititically corrupting unions. The only way to combat this is to put preasure on Congress to see that it never gets funded. Maybe when the Dems lose Congress we can start getting something done for all those unemployed average Americans that are out of work, by real incentives to start the nation, not just special interest back on the road to recovery .
we live in a dictatorship now. What came first the chicken or the egg? What came first in America…industry and business or hiring help and illegal’s flooding in? Killing off industry kills the chicken.