► Show Top 10 Hot Links

Posts Tagged ‘Porkulus Bill’

$162 Million missing

by Phantom Ace ( 184 Comments › )
Filed under Barack Obama, Economy, Liberal Fascism, Progressives, Socialism at October 7th, 2010 - 8:30 am

I’m at a loss for words. The anger building up in inside is just unspeakable. I work just to make ends meet and I am not not economically moving up. The Porkulus bill was supposed to save the economy and create a boom. When there was a spring pop in the economy, the Progressive propaganda media was proclaiming the beginning of an unprecedented boom. They called it the Obama Boom or the greatest recovery in the history of humanity. Instead it was a false mirage and we seem to be in a Japan style lost decade funk. to make matters worse, $162 Million has been reported missing.

WASHINGTON — Recovery.gov promised transparency on how the government spends every dollar of stimulus money, but there’s $162 million the website doesn’t disclose.

Recipients of 352 federal stimulus contracts, grants and loans have failed to report how they spent the money, the status of their projects or how many jobs were funded, according to the Office of Management and Budget (OMB).

Despite orders from the White House to crack down, enforcement is spotty.

Read the rest: $162 million in stimulus funds not disclosed

The Obama regime is putting on a dog and pony show. They very well know where this money is. It’s in overseas bank accounts or spent by regime cronies. The was the largest robbery in American history. This is typical of a 3rd World style regime.

Note: I will be at Coldwarrior’s this weekend.

Election Update: Real Clear Politics now shows the Republicans with 210 seats, the Democrats with 186 and 40 tossups. They are also showing a 50-50 tie in the Senate. It’s getting worse for the Progressives.

57% of People view Porkulus as a failure

by Phantom Ace ( 77 Comments › )
Filed under Barack Obama, Communism, Democratic Party, Economy, Liberal Fascism, Progressives at August 17th, 2009 - 6:53 am

According to a new Gallup Poll, 57% of the American people view the Porkulus bill as a failure. The American people realize that this bill was not about improving the economy. It was grand larceny. It was an excuse for the Transnational Totalitarian Progressives to rob the American people.

WASHINGTON — Six months after President Obama launched a $787 billion plan to right the nation’s economy, a majority of Americans think the avalanche of new federal aid has cost too much and done too little to end the recession.

A USA TODAY/Gallup Poll found 57% of adults say the stimulus package is having no impact on the economy or making it worse. Even more —60% — doubt that the stimulus plan will help the economy in the years ahead, and only 18% say it has done anything to help improve their personal situation.

That skepticism underscores the challenge Obama faces in trying to convince the public that the stimulus has helped turn the economy around. It also could complicate the administration’s plans to overhaul the nation’s health care system.

“This is a wake-up call for the administration.” says House Minority Whip Eric Cantor, R-Va. “People see the stimulus hasn’t worked, and now you want to lay on over $1 trillion in a health care plan.”

Read the rest.

The only accomplishment this so called stimulus has done is add $700 Billion to the deficit and the national debt. Most of this money was borrowed from the Chinese who have no good intentions for America. The Progressives don’t care, they just wanted this money for themselves so they can take implement their Progressive ideas.

Americans are now awake and are rejecting this evil ideology. We have defeated Nazism and Communism. The Progressives will suffer the same fate as their ideological cousins. Americans believe in Freedom, not Feudalism.