Pathetic.And again,not joining you.
Total US Debt Rises Over $18 Trillion; Up 70% Under Barack Obama
- Thread starter Tsing Tao
- Start date
Pathetic.And again,not joining you.
I don't think gwb was talking about Obama's inability to eliminate fraud as much as he was talking about Obama's desire to perpetuate it.
You've replied twice. I'd say you're joining just fine.
The problem is the exceptional amount of fraud and waste from Obama's stimulus program which directed government dollars to Democratic business donors and delivered little to the economy.
Was it more than the money given to Halliburton,Blackwater,the rest of the Bush buddy war profiteers etc?Not excusing Obama if what you say is true just curious and I have to look more into your claims.
I'm replying from afar while you're in the mud begging for me to join you.This behavior from you is quite sad.
Five myths about Obama’s stimulus
2. The stimulus was full of waste, pork and fraud.
Most of the Recovery Act consisted of straightforward aid to states and to the vulnerable, infrastructure spending, and tax cuts. Critics may call it “porkulus,” but the stimulus was also the first modern spending bill with no official legislative earmarks, the usual definition of “pork.” And after experts warned that 5 to 7 percent of the money could be lost to fraud, investigators documented only $7.2 million in losses through 2011, about 0.001 percent.
Of course, waste is in the eye of the beholder. But it’s telling that most Republican examples of stimulus boondoggles were either removed from the bill (sod on the Mall, smoking cessation), never in the package (mob museums, levitating trains to Disneyland) or wild distortions (The new Department of Homeland Security headquarters is not “government furniture”).
Yes, there was Solyndra, but its $535 million default represented only about 1 percent of the Recovery Act’s clean-energy loan portfolio, and independent reviewers have found that the overall portfolio is in fine shape. And Republican investigators have found no evidence that cronyism drove the Solyndra loan.
-----------
-----------
Really, republicans hated Obama because he was a good president.
2. The stimulus was full of waste, pork and fraud.
Most of the Recovery Act consisted of straightforward aid to states and to the vulnerable, infrastructure spending, and tax cuts. Critics may call it “porkulus,” but the stimulus was also the first modern spending bill with no official legislative earmarks, the usual definition of “pork.” And after experts warned that 5 to 7 percent of the money could be lost to fraud, investigators documented only $7.2 million in losses through 2011, about 0.001 percent.
Of course, waste is in the eye of the beholder. But it’s telling that most Republican examples of stimulus boondoggles were either removed from the bill (sod on the Mall, smoking cessation), never in the package (mob museums, levitating trains to Disneyland) or wild distortions (The new Department of Homeland Security headquarters is not “government furniture”).
Yes, there was Solyndra, but its $535 million default represented only about 1 percent of the Recovery Act’s clean-energy loan portfolio, and independent reviewers have found that the overall portfolio is in fine shape. And Republican investigators have found no evidence that cronyism drove the Solyndra loan.
-----------
-----------
Really, republicans hated Obama because he was a good president.
Replying from "afar"....lol, oh yeah. You're distanced.
You seem obsessed with AK and Perry,just an observation.