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Saturday, September 27

Government 'shpending' and mean old white people

While McCain went on and on last night about the travesty that is government spending and earmarks, saying that he would veto any bill that had earmarks on it, I don't know if the American people read between the lines and took note that he had no problem with the money pit that is the war on Iraq ($12 billion/month and I'm sure that the money isn't all helping the troops) or the corporate bailouts.

When the US government takes money from me every year, I would like it if some of the money went back to the people, to make their lives better and perhaps stimulate the economy from the ground up rather than from the top down (because lord knows I've been waiting for it to trickle down since Reagan). I would like for the infrastructure to be improved because it makes the country safe and creates jobs. If Americans stopped to think about it, I can't see anyone disagreeing with spending at home... within reason. Isn't that what we pay taxes for?

Yesterday, Senate conservatives blocked a $56.2 billion stimulus package that would also increase food stamps by 10% and extend unemployment benefits for 7 weeks. Dana Perino said the WH opposed the measure:
PERINO: There’s some elements of the package that have been put forward by Democrats that we do not think would be stimulative to the economy, such as unemployment insurance. The food stamps, we believe we have met the need.
It's all political. If it was put forth by Republicans, then the WH wouldn't have a problem with it. But conservative Republicans only give a shit about themselves.

When Citibank paid for my MBA 30 years ago, I'm sure that they didn't expect me to go on to be a 'bleeding heart liberal', but hell, feeding people and giving them a bit more time during this shitty as hell economic time to find work does stimulate the economy. Extending unemployment benefits during this time could assure that rent and MORTGAGE payments would be made on time. I didn't enjoy stepping over indigent people on the subway platforms after working to make the rich richer every day. Having an MBA in fascism and working for fascist pigs, didn't change my heart. It paid my bills and that's all.

Isn't it a nice thing, an American thing to want people to be properly fed? Hungry people may turn to crime. Especially in cities. It's a travesty to see people with signs begging for food. The government always seems to have enough money to pay for crap that doesn't do anything to lift people out of poverty or make average lives a bit better.

John McCain is a mean old man. I'm sure of it. He's out of touch with America.
Speaking of mean people, from Think Progress,
Yesterday in a Senate hearing on the financial crisis, Rep. Michele Bachmann (R-MN) spoke on what caused the situation. To make her point, she read from an article called “How A Clinton-Era Rule Rewrite Made Subprime Crisis Inevitable,” written by Terry Jones in the right-wing publication Investor’s Business Daily.

The article criticizes the Community Reinvestment Act (CRA) for pushing “Fannie and Freddie to aggressively lend to minority communities.” Jones goes on to say that Clinton was misguided to push “homeownership as a way to open the door for blacks and other minorities to enter the middle class.”
oh yeah sure, blame the Clintons, minorities and blacks for the crisis. What else is new?

Rep. Keith Ellison (D-MN) sharply criticized Bachmann and other conservatives who have been trying to pin the economic crisis on minorities:
"I personally am not going to just sit by and let people trash programs that helped folks get into housing who have been struggling to get in.

"Fannie and Freddie — I don’t think are failed models. CRA certainly isn’t a failed program. These are important and good programs and should be protected. And If you want to find blame somewhere, let’s look at Gramm-Leach-Bliley. Let’s look at the very deregulation that so many people called for and clamor for and now we see what deregulation, lack of corporate responsibility put together with flat declining wages for the American people will bring about. It’s brought about this."
When Bush spoke of his "ownership" society. The conservatives were clapping their hands off. Have they forgotten? Oh wait, they were talking about owning everything themselves and going off to live in gated communities where they wouldn't be subject to the "riff raff" that makes their lifestyles possible.

Consider me just fed up today.

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