Tuesday, February 10, 2009

stimulated



so, i guess its my duty as the biggest political asshole on this site to post something about the stimulus.

well fuck that shit because id rather just let this harvard analyst say some shit about it instead.

"This is probably the worst bill that has been put forward since the 1930s. I don't know what to say. I mean it's wasting a tremendous amount of money. It has some simplistic theory that I don't think will work, so I don't think the expenditure stuff is going to have the intended effect. I don't think it will expand the economy. And the tax cutting isn't really geared toward incentives. It's not really geared to lowering tax rates; it's more along the lines of throwing money at people. On both sides I think it's garbage. So in terms of balance between the two it doesn't really matter that much."

..."The Big Lie is that Obama knows this and yet deliberately uses phony numbers and rhetoric to pass a bill that may itself cause a depression."




i mean, i aint no god'tdamn republican, but this money could pay off about 90% of the country's mortgages instead of going into a pot of dough we'll never see.

oh, and if any of you are depressed by all this shit... heres a photo of the end of a rainbow! the END of a fucking rainbow! daymn i didnt even know those existed. anyway, theres no pot of gold but it IS magically delicious, i tasted it. sorry to crush your dreams.

3 comments:

kegbenk said...

yeah for the record i think this stimulus is str8 up just another attempt to manipulate the public into going along with the same fucked up economic system that creates super-rich individuals at the expense of the real wages of regular-ass folks. i mean the dudes on obama's economic task force or whatever are the same fuckers who orchestrated this entire mess. bummer. on the upside that rainbow pic gives me almost a complete boner.

King of Daves said...

I like the "misery index". I want to know my current misery level and that of my peers

Witchyard said...

I'll flamebait, heh.

So, the government has three options:
1. Pressure the FED to cut interests rates. This is pretty much off the table unless we put rates to zero.

2. Do nothing. "Let the market solve the problem." Pretty god damn risky considering market driven capitalism tends to force two classes, but hey, at least some people would have money.

3. Spend. On what, and who, well, I will let you try to figure that out.

The problem is that people expect the government to do SOMETHING, ANYTHING, and when all you have is a hammer, every problem looks like a nail. So looks like we are going to spend money that will be paid for through inflation and the Chinese.