Sunday, February 22, 2009

Stimulus Too Late For Cities

Congress and the Fed have had 6 months since they shoved the bank looting down our throats, and now their big move for us just turned out to be s***?

"Cities welcome stimulus funds, but still wary; Question how far money will go in preventing layoffs" by Eric Moskowitz, Globe Staff | February 19, 2009

An estimated $12 billion in federal aid and tax cuts could flow to Massachusetts as a result of the new stimulus law, but don't expect to find city and town officials celebrating, at least, not yet.

WTF? The AGENDA-PUSHING, PRO-STIMULUS PAPERS and POLITICIANS made it sound like the AID was $12 BILLION as they SOLD US THIS THING! Now we find out it is PLUS the TAX CUTS?

So HOW MUCH are we REALLY GETTING?

The money is likely to arrive too late for hard-hit communities that have already laid off employees, and the way it will be distributed means it may not prevent widespread layoffs next year, either....

Translation: that MASSIVE TAXPAYER GIVEAWAY is going to be WASTED!!!!

Most of the money in the $787 billion American Recovery and Reinvestment Act signed by President Obama Tuesday is earmarked for particular programs and projects.

See? It is DIRECTED at FAVORED CORPORATIONS and CONCERNS, in other words, a WASTE BILL!!!!!

The remaining amount that will filter through Beacon Hill to help city and town operating budgets remained unclear yesterday, and may not be known before the end of the month, officials said.

Yeah, NO ONE KNOWS because NO ONE READ the BILL!!!!!

Governor Deval Patrick, in a speech yesterday to the Greater Boston Chamber of Commerce, said the stimulus act will not be a panacea, adding that "difficult choices" remain ahead for state and local officials.

I'm tired of his obfuscating lies!!!!

Related:

The State Budget Swindle

Governor Guts State Services

Pigs at the State Trough

The federal legislation could forestall some local layoffs, particularly in schools, but will not close broad budget gaps or address structural problems at the local level caused by constrained revenues and rapidly rising costs....

Patrick estimated that the federal act will provide $6 billion to $9 billion in direct assistance to Massachusetts.

THAT'S IT? HALF of what he was PROMISING when he was SELLING THIS SHITPILE to us? LIAR!!!!!!!!!!!!

That does not include tax relief or grant programs that combined could be worth a few billion dollars, a spokeswoman for the governor said. The total package should be worth about $12 billion to Massachusetts, according to an estimate from the Center for American Progress.

Yeah, keep on fudder-fucking with those numbers.

That includes roughly $1 billion for infrastructure projects that the state will distribute, a portion of which will help fix roads, bridges, and schools. Most money will not be available for operating budgets, where the payroll costs are tallied....

Translation: LAYOFFS COMING no matter what!

Most is federally targeted for specific programs, such as $30 million for capital, maintenance, and energy-efficiency upgrades to public housing and $2 million for summer jobs. That money will provide real benefits to Boston, but it will not defray an estimated $140 million gap in the city's budget for the fiscal year that starts July 1....

Translation; It IS a WASTE BILL!!!!!!!!

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