Watch out for stimulus profiteers

The Nation
by Anthony Shorris

02/21/09

With a slimmed-down but much-needed stimulus package now in place, and with a substantial portion of it still aimed at rebuilding America’s aging infrastructure, we need to act sensibly as well as quickly and dramatically. Unless we ensure the program reflects the realities of the marketplace for construction services, we risk being unable to implement the programs we need, or worse, handing billions of taxpayer dollars over to stimulus profiteers. Spending as much as the additional $150 billion for infrastructure that is included in the new legislation (still well below what is needed for the nation’s aging systems and less than what many economists had hoped for) would still mean a substantial increase in total annual US investment, potentially as much as a one-third hike in activity over the next year. The Congressional Budget Office reports total infrastructure spending as around $400 billion annually...

http://www.thenation.com/doc/20090309/shorris



Here’s the real story behind the Tea Party Protests

DC Examiner
by Mark Tapscott

02/22/09

‘Tea Party’ protests have sprung up in multiple cities across the country since Congress passed and President Barack Obama signed the economic stimulus bill into law as the American Recovery and Reinvestment Act of 2009. As much as I rejoice in the sight of legions of fed-up Americans taking to the streets to protest the central government’s colossal waste of the first fruits of their labors, it is important that people understand that the original Boston Tea Party was neither spontaneous nor a mere lark. The Boston Tea Party was a planned act of insurrection and both the participants and cheering bystanders knew the consequences would be fateful...

http://adjix.com/crne


Informant: Thomas L. Knapp



http://freepage.twoday.net/search?q=stimulus
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http://freepage.twoday.net/search?q=American+Recovery+and+Reinvestment+Act
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