Monday, June 22, 2009

The Great Obama Sugar High

BLOG UPDATE: Latest in the Philip Irvin vs. City of Seattle story. As you will recall, Philip Irvin, a City of Seattle employee, requested the names of those participating in a gay, lesbian, bi-sexual transgender organization within the employee structure of the City of Seattle. He said they were likely using city funds and resources and their names should be made public. The homosexuals got a restraining order against Irvin's request. Last week Irvin was told that he will now be investigated by the City. That is in process and Irvin has prepared his brief and declaration. I have linked both.
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The Great Obama Sugar High

Robert Zoellick, World Bank President, has called the Obama stimulus or "American Recovery and Reinvestment Act" a spending spree that amounts to a "sugar high".

Vice-President Joe Biden, the man charged to head up the implementation of the spending has said, "Six months from now, if the verdict on the effort is that we've wasted the money...built things that are legal but made no sense, then folks, don't look for any help from the federal government for a long while."

All around the country there is a pattern developing.

Andrew Garber wrote an article in The Seattle Times yesterday describing a mild form of dilemma resulting in misplaced stimulus money in the Lake Washington school district.

However, it is US Senator Tom Coburn M.D. that is identifying and diagnosing the symptoms of the great Obama sugar high.

He released a report over the weekend that could not be ignored by the media and should not go unread by anyone who cares about the future of this country.

Vice-President Biden's words, "wasted money" and "no common sense" are taking on new meaning.

The report details actual spending or planned spending that indeed reminds one of a kid who has had too much red dye candy.

His report, titled "A Second Opinion," is extensive, yet concise. It is well-documented and would be entertaining, if it were not fact. I strongly recommend you take a little time and read it.

His "Top Ten Projects" personify "wasted money" and "no common sense."

While the Northwest is not in his top ten list, both Washington and Oregon have their hand in the candy jar.

On page 35, Dr. Coburn points out that Washington State University (Vancouver) is receiving $148,438 to "analyze the use of marijuana in conjunction with medications like morphine." In their request WSU says the project will stimulate the economy. Sure it will. Who needs red dye candy.

Microsoft has $20 billion in cash reserves, but will be the recipient of an $11 million stimulus bridge across the road between their two campuses in Redmond. The bridge will be an "unusual diagonally shaped bridge." That too will be stimulating.

Portland will spend $1 million stimulus dollars to upgrade 100 bike lockers and build a parking garage for 250 bicycles. Oregon has one of the highest rates of unemployment in the country. This should really get things moving.

Tualatin, Oregon, is spending $2.5 million on a "train-horn-free"-zone. $939,000 of that is stimulus money.

Eugene, Oregon is spending $2.25 million stimulus dollars to construct a 1000 foot long bike path.

A border crossing between Canada and Montana that sees an average of less than 2 passenger cars per day and only 2 to 3 trucks a month is receiving $15 million stimulus dollars for upgrades. Five tiny border crossings in Montana are receiving $77 million stimulus dollars.

"Wasted money." "No common sense."

While the Obama administration continues to blame Bush for every ill our country is facing, this case of financial influenza is quickly becoming his own.

Tracking polls released today are showing the lowest approval rating for the President since he took office. He and his far left supporters are finding that the blame-Bush-era is quickly ending and the economy is becoming the Obama economy.

Many highly qualified people have predicted negative results from the great Obama spending spree. Dr. Coburn has correctly identified and diagnosed the condition. There is definitely a developing pattern.

The great question before us then, would be, what is the cure?

Is there a conservative leader who can rise to leadership, who will not forsake his or her conservative and traditional values once elected?

Is there a leader who will lead in "restoring" rather than "remaking" America?

I believe there is. And I believe we can find that person.

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Gary Randall
President
Faith & Freedom

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6 comments:

  1. Sarah Palin & Joe the Plumber! That's the ticket!

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  2. I haven't seen anything but wasteful spending, and useless projects come out of the spendulous package. Where are all those "shovel ready" projects? Unemployment continues to climb, and we are heading for a depression the likes of which we haven't seen befire, dwarfing the great depression. There's only one thing "shovel ready" in Washington DC, and the American people are buying it as it's being shoveled from the "messiahs" lips. Funny thing is I can go shovel the same thing right out in any field here in Washington State, I don't need a "messiah" spoon feeding it to me. Remember he's only a community organizer.

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  3. Its amazing that people know so little about how a Keynes recession-busting stimulus works.

    Its about getting money into national circulation, period. You could in theory hire one group of people to move rocks from one spot and another to move them back and you would get the recession busting effects - money into the hands of people that will spend it, which gets it into the hands of others that will spend it, etc. That means everyone buys more, industry needs to make more, etc.

    Now the traditional Republican way of doing this is start a war - modern wars where we can't take territory or resources have primarily have an economic effect - they act as a stimulus package. Unfortunately with the Bush area outsourcing much of that money to multinational corporations they aren't nearly as good a stimulus as they once were.

    So yes, spending money in virtually any way that puts salaries into American hands is good 'stimulus money' well spent. The more its kept in the country the better, the more that gives us something lasting in return even better. So infrastructure upgrades, border crossings, even researchers are all ways to spend the money that helps with the recession.

    I mean look how its worked so far - the bailouts of the financial institutions prevented them from going under, a number of banks and even AIG (now AIU) have set up schedules for paying back the bailout money. As was predicted in a best case scenario, much of the bailout money will be repaid and the stimulus will give back more than is spent.

    Those complaining are just ones looking for a reason to complain - all is proceeding as it should.

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  4. Why does a conservative have to be found to solve these problems? Aren't we all a little sick of the conservative/liberal paradigm? Can't we just work on solving these problems?

    You can't argue that Bush and his team handled the economy well! And no one can argue that Obama will be able to fix the economy overnight.

    Unfortunately, our economy will probably only get worse before it gets better. But it is getting worse at a slower pace than two years ago!

    In regard to "where are all of the shovel ready jobs?" All of the projects you mentioned entail shovel ready jobs. Many of them involve environmentally sound solutions for transportation. That's kind of cool.

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  5. Maybe some of this money had to be spent, but let's ask if a nation can buy it's way out of trouble. What if it has sins?

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