ISP Lobbyists Shape Broadband Stimulus Plan > What the **** good does it do handing money to large MegaCo

What the **** good does it do handing money to large MegaCo

Well we did that with the private banks and that worked great, right?

Oh wait a sec.
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Blagojevich / Madoff 2012!

reply to KrK
This isn't a stimulus package.. it's nothing more than a spending bill full of pet projects.. better yet, it really should be called "America's Ear Marks" bill... all earmarks..

Stimulating broadband? hah!

So.. it keeps some contractors to work.. I guess those people are going to be the key to jumping this economy? If the rest of the people can't "afford" broadband, then what good is building it?

Oh, I know.. maybe it was their first plan to spend 300 million in contraceptives.. or the millions of dollars in re-sodding the DC mall..

A trillion dollar spending spree for the dems... what a way stimulate the economy.

I gave hope to Obama, but sadly, 1 week later it simply looks like a group of dolts who think they know better how to spend everyone else's money.. and the worst part is, it's not with one voice they do it.. it's with many voices who all are speaking a different story.

I sure hope everyone enjoys their 1 trillion dollar broadband. We're not going to see tax breaks as we should.. rather, we that work hard get to fork over, I hear lately, $500 to those that aren't due refunds..

Socialists, be proud! ... this is your moment.

edit: I forgot.. don't forget about the 4 billion that wound up in the hands of executives at Meryl Lynch in bonuses for a failure well done, and, by the man who spent 1.2 million on remodeling his office so he could write those checks.. of course, Meryl didn't pay it, but now B of A needs more money after being slighted by this last minute move.

When is our government going to stop spending money, start cutting back, quit printing black checks and worthless money AND finally go after the people that have it and get it back? If they REALLY want some of our money back, .. um, Haliburton anyone?

People may say things bad about Fox New.. hell, I don't even buy all their nonsense.. BUT, I sure hope they stay on the corruption in government so people get the truth handed out about those living off the high hog of the tax payer.

reply to fiberguy
Plus, it's convenient now to lay this all on Obama, facts be damned. Even though he is weeding out a lot of crap, too.

This idea of "Let's just stimulate by spending tons of money on everything" is pretty retarded.

If they want to pump money into the economy, they should either 1) Give it to the consumers, or 2) Spend it on capital infrastructure improvements only. They shouldn't allow various industries to line up to make a huge take for little or no gain to the taxpayer.
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"Fascism should more properly be called corporatism because it is the merger of state and corporate power." -- Benito Mussolini

reply to pnh102

reply to KrK

reply to pnh102
It took spending us to 120% of GDP worth of debt to get us out of the Great Depression and you're blowing a gasket because our current debt is the same as it was during Clinton and even Ike as a percentage of the GDP?

You free marketeers who got us into this mess in the first place need to get a grip. We tried it your way for 8 years and we saw how it worked out.

reply to Count Zero
#1 is what postponed the meltdown into the late year.

Postponed but did shot to fix since all the money that was spent essentially sent to china.

reply to Dogfather

reply to KrK

reply to pnh102
because the 1st so called bail out, was just throwing un-accounted for money at major companies trying to protect their interests by using lobbyists. And they were given the money in order to free up some credit for businesses, which they did not do at all. They just took the money and ran.

at LEAST this time, we all get to see exactly how much is going to what purpose, and at least open access conditions are applied to the networks that will be built (as they should be, since we paid for them.)

reply to Count Zero
Actually it went to the banks as people paid down debt. It wasn't big enough to actually "fix" anything. The Great Depression ended as a result of spending the national debt up to 120% of GDP. Only WWII level spending was large enough to end it. Our problems aren't nearly as large as the GP, but it will take much more than a few hundred billion to jump start.

reply to pnh102
The last 8 years was all about actively exporting tech and light manufacturing jobs unchecked, ramping up H1Bs to displace American workers in the US, and Bush-McCain shooting their pro-amnesty mouths off saturating SW states job markets depressing wages and decimating public infrastructure with rampant illegal immigration.

The era of Free-Trade is over and it was a complete failure for American workers and a boom to our emerging enemies like China. It's time for some Fair-Trade.

reply to Dogfather
Yea people who were seriously in debt used that money to forestall their fate, but people who actually spent it were esentially sending that money from uncle Sam to straight to china.

If they bought Chinese built goods, absolutely, thanks in no small part to the last decade of accelerated job exportation.

reply to morbo
First off, morbo, I am not a Republican so you can get your narrow-minded 2-party system thinking mind out of your liberal back door. You clearly don't pay attention around here or you would know it. I make no bones about being neither republican or democrat.

Second of all, I will take my hat off to you. Apparently you ARE a democrat, based on your own logic (I use that term loosely) applied to your own post, and you think that one-upsmanship is acceptable and responsible form of government huh? So, Bush abused the public troff so it's okay for the dems, in the name of "change" of course, to out spend.. so what next? The Republicans are going to out-do the dems next? Do you EVEN SEE how stupid that sounds? That is SO kindergarten playground B.S. ... and spells out EVERYTHING wrong with government thinking today.

And, to give bush a TINY bit of defense... most of his spending went to the war that he waged in Afghanistan and Iraq. No matter where the war is/was being fought, in case you forgot, lib, we WERE attacked on 9/11 so there was going to be a big chunk of money spent to protect the U.S. ... further, you, like so many bandwagon cheerleaders forget.. the money spent today is not quite far outside of previous war-time spending, adjusted for inflation.

So before you get in here, in my face, with your weak rhetoric with your "yea but".. why don't you do some research, and ... quite frankly, grow up a little. ANYONE that justifies bad behavior by pointing to the other guy and saying "but he did it too".. show great weakness in your own argument, and, you should be embarassed.

... above all else.. YES. Dems are big spenders. You'd have to be blind to see that they are all over the gambit right now looking to raise taxes, in a recession which HISTORICALLY NEVER WORKS! and find things that are not yet taxed.. and tax it!

SOME spending is good, I'll agree, but stimulus from government spending HAS NEVER WORKED outside a war. What this tells you is that the government knows how to spend your money better than you.

Own up bro..

reply to Dogfather