Wednesday, August 04, 2010

50 BILLION dollars in stimulus fraud

The Democrats bilked our grandchildren out of nearly a trillion dollars ostensibly to stimulate the economy. According to Politics Daily, the money went for such things like the following:
-- $308 million for a joint-venture BP power plant that won't start construction for another 16 months;
-- $90,000 to build a sidewalk that leads to a ditch;
-- $145,000 to test the effects of cocaine on monkeys;
-- $3.8 million for a "streetscaping" project that has reduced traffic and caused a business to fire two employees;
-- $16 million to help Boeing to clean up an environmental mess it created in 2007;
-- $200,000 to help Siberian communities lobby Russian policy makers;
-- $1.8 million for a road project that is threatening a pastor's home.
In fact, according to the Wall Street Journal's Market Watch, the fraud could be as much as 50 BILLION dollars! Republicans warned against this and recommended instead that the stimulus money be given back to the taxpayers in the form of tax relief, i.e. let taxpayers NOT pay any taxes for several months. That definitely would have stimulated the economy and it would have undoubtedly kept many people from losing their homes and cars.

But Democrats wanted the money to spend on their own special interests projects (thereby buying votes for their next elections), which is precisely what they did, leaving you, your children and grandchildren to pick up the bill.

I know that Republicans are not holy knights in shining armor--many of them are just as corrupt as Democrats--but taken as a whole, Democrats stand for taking more and more of your money to build bigger and bigger government with more and more power leaving you with less money and less freedom.

I simply cannot understand why people vote Democrat.

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