Friday, January 30, 2009

Patrick's Magic Act

Budgetary sleights of hand, folks. Promises, promises.

Related
: Stimulus Full of Potholes

Obama Stimulus Giveaway to Corporations

Governor Guts State Services

That last one is WHERE you can GET MONEY, GUV (please click on link for intro, readers)!!!

"Stimulus bill would give state $11 billion; House plan includes aid, tax relief, job creation" by Michael Kranish, Globe Staff | January 30, 2009

WASHINGTON - Massachusetts would receive at least $6.5 billion in federal aid during the next two years - and residents would receive nearly $5 billion more in tax relief, unemployment checks, food stamps, and other benefits - under the economic stimulus bill passed this week by the US House, analysts said yesterday.

The bill would save or create 94,560 jobs in Massachusetts, according to an analysis released yesterday by Moody's Economy.com. Last month, about 235,400 residents were unemployed.

The payout to Massachusetts - significantly higher than some estimates distributed earlier this week - will almost certainly change again when the Senate takes up the $819 billion package next week. While some Republican senators are trying to dramatically trim spending in the bill, others, including Senator John F. Kerry of Massachusetts, are trying to make it larger.

Also, the precise impact of the recovery plan on each state is difficult to gauge because of variations in funding formulas that rely on population, unemployment, poverty, and other factors. But if a bill similar to that passed by the House becomes law, state government, cities and towns, and residents of Massachusetts would receive at least $11 billion, most of it over the next two years, according to the Center for American Progress, an advocacy group that supported the bill.

Oh, NO WONDER the PRO-STIMULUS, PRO-TAX Globe is featuring this as its right-corner, front-page lead. There is NO NEWS HERE, only RANK SPECULATION about HOW MUCH the LOOTING, er, "STIMULUS" is going to DO FOR YOU, taxpayers!

Haven't you LEARNED ANYTHING YET? Where do YOU THINK the $$$ is coming from? WHY can't you KEEP YOUR MONEY INSTEAD??? You gonna PAY INTEREST for BORROWING YOUR OWN MONEY?

This is BLATANT AGENDA-PUSHING, as is much of the paper today.

The Massachusetts total could reach as much as $16 billion if the state successfully competes for every available dollar allocated for various science, technology, and health programs, according to Will Straw, an analyst at the center. For example, Straw said, the bill provides the National Science Foundation with $3 billion for various projects "of which it would be very reasonable to think that some of that money would go to Massachusetts." Similarly, there is money for the modernization of medical records that could benefit the state disproportionately given the size of the healthcare sector.

Coulda, woulda, shoulda, maybe, if, but.....

The bill's biggest direct benefits to state government include $2.1 billion for Medicaid, $1.3 billion for a "fiscal stabilization fund" that would help reduce the state's deficit, and more than $500 million in extra funding for education. The state is trying to plug a $2.5 billion hole in the current fiscal year, and a deficit projected at $3.5 billion the following year.

The state would also receive $494 million for roads and bridges and $194 million for rapid transit, with state and local officials selecting the projects to receive funding. A Senate version of the bill includes $2 billion for high-speed rail, a figure that Kerry said he is trying to increase.

Most residents would also receive benefits through various federal tax breaks or benefits. The bill provides a $500-per-worker tax credit, or $1,000 per working couple. The Obama administration plans to provide that money by decreasing the federal taxes deducted from paychecks in hopes that the money would filter into the economy quickly.

It's ALREADY OUR MONEY!!!!!!!!

The measure is also designed to send hundreds of millions of dollars to the state's poorest residents. The plan would provide 563,000 state residents with a $317 million increase in food stamps over four years. An estimated 6,200 households would receive emergency shelter. Unemployment insurance would also be extended and increased.

Blah, blah, blah, blah, blah,blah... I'm tired of being lied to by my agenda-pushing War Daily! Yup, ALL the LOOTING GOVERNMENT is going to do for us!!!

Sharon Parrott, an analyst at the Center on Budget and Policy Priorities, said that money is being targeted to lower-income and unemployed residents on the theory that they are most in need and would be more likely to spend the money quickly, enhancing its economic impact....

*********************

US Representative Edward Markey, a Malden Democrat, hailed the bill as "a once-in-a-generation opportunity to create millions of new jobs, invest in vital priorities, and position our economy for future growth."

Related: On the Waterfront

Corruption in every corner.

The funds would come at a crucial time for the state. To deal with the budget deficit, Governor Deval Patrick on Wednesday proposed cuts in local aid, layoffs of employees, and increases in taxes and fees. He is counting on $1.2 billion in federal Medicaid money to plug a budget hole in this year's budget, and to prevent further cuts in the next fiscal year.

Patrick also said that he would work closely with the Obama administration on what the state would receive from the stimulus package, "particularly on education funding to help us bridge to better times."

--more ---"

All sounds good, right?


Well, BUCKLE UP, Mass. citizens!!!


"
Spending plans.... are too speculative, too reliant on federal aid.... do not cut deeply enough.... [and are] including revenue that would flow from new taxes"

He's DOING IT AGAIN!!!


"Patrick budget plan under fire; Senate leaders say proposal doesn't cut spending enough" by Matt Viser and Andrea Estes, Globe Staff | January 30, 2009

State Senate President Therese Murray and other Senate leaders accused Governor Deval Patrick yesterday of crafting spending plans that are too speculative, too reliant on federal aid, and do not cut deeply enough, striking a note of discord among Beacon Hill Democrats a day after Patrick unveiled emergency spending cuts and proposed a variety of new taxes.

Murray criticized the governor for including revenue that would flow from new taxes the governor is pushing but that have not been approved by the Legislature and for relying on federal stimulus money that has yet to be approved by Congress.

"We don't want to count our chickens before they're hatched," Murray said in an interview in her office. "He's based [the budget] on some things that we don't have in hand. That obviously concerns us."

That's how we GET IN THESE MESSES!!!

"Last year, he put casino gaming money in there, and we never got casinos," she added. "We're reluctant to put things in there that we don't have in hand."

But NOW WE WILL!!!

House Speaker Robert A. DeLeo, who spent much of his first day in office holed up in meetings, avoided any criticism of Patrick and appeared open to the $587 million in new revenue proposals put forward by the governor. He also said that the state could not absorb any more cuts than Patrick has already proposed....

Yeah, what a great "change" at speaker, huh? These guys are all the same.

DeLeo also said he was "willing and pleased to discuss" a resort casino proposal or installing slot machines at the state's four racetracks, which he said would be "an immediate form of revenue."

I see a PROBLEM there!!!

Who Let the Dogs Out?

Massachusetts Is Going to the Dogs

Why put SLOT MACHINES at tracks that will be CLOSING in TWO YEARS? They gonna IGNORE the WILL of the VOTERS again?

"the Legislature could amend or repeal the new law, as they have done with prior initiatives passed by the voters"

YUP!! Well, the Globe wanted them to stay open, so is it no surprise they are playing the violin for the DOG TRACKS!

Related: I Made Forbes Magazine

That is a big change from his predecessor, Salvatore F. DiMasi, who killed Patrick's plan to license casinos last year. Patrick has not revived his plan this year, but DeLeo's position may give it a prominent place on this year's agenda....

I wouldn't be a bit surprised, considering the interests behind such vices, and the crime that comes with them:

It's JEWS like "Sheldon Adelson, chief executive of Las Vegas Sands and the world's third richest man" and Sol Kerzner that PROFIT off GAMBLING (once again, ZIONIST INTERESTS driving IMMORALITY)!!!!

Also see: The Money Pipeline From Massachusetts to Israel

The budget proposal relies heavily on the state's reserve account, with a proposal to drain a total of $913 million from the rapidly shrinking fund. He also put into the budget $1.2 billion from a federal stimulus package that has not yet been approved by Congress.

"He made a lot of assumptions, and you know what they say about assumptions," said Senate majority leader Frederick E. Berry, a Peabody Democrat. "They don't always come true."

But administration officials said that their calculations of federal stimulus money were conservative and that the state could get more money. They also said that if the Legislature didn't want to increase taxes, it could come up with an alternative.

"Federal stimulus had to be a part of this equation, given the enormity of the challenges we are facing," said Cyndi Roy, a Patrick administration spokeswoman. "We're not using these revenues to build our budget. We're using them to prevent calamitous cuts."

That's why we -- not me, but the alleged voters -- were brow-beaten into keeping the income tax in this state -- and yet we get cuts anyway!

But Senator Steven C. Panagiotakos, the top budget writer in the Senate, said the governor did not go far enough in making cuts to the current fiscal year's budget, which could hamstring the state if revenues do not bounce back dramatically next year.

"We were expecting a much larger total cut," Panagiotakos said. "It didn't even break $200 million. We were thinking it would be double that."

State Treasurer Timothy P. Cahill said he was concerned about the governor's reliance on the state reserve fund and criticized his proposals to increase a range of taxes.

"It doesn't help grow the economy if you're taxing restaurants and meals and businesses," Cahill said. "It's not going to help businesses, and it's not going to help cities and towns as much as they think."

Yeah, right, state treasurer Cahill is on your side:

The Lying Looter at the State Lottery

Guys are all the same.

--more--"

Also see:
Lies About the Lottery

And as those MILLIONS and MILLION go to CORPORATIONS in the form of TAXPAYER GIVEAWAYS, see what the state is NOT DOING!

Related
:

"A thump in the night; Pothole shocks, unites stranded drivers" by Milton J. Valencia, Globe Staff | January 30, 2009

First there was a splash. Then what felt like an explosion. Hubcaps flying in every direction. And then it happened again. And again.

One by one, nine cars drove into the same innocent-looking puddle late Wednesday, oblivious to the massive pothole, lying in wait like the steel jaws of a trap, on a quiet street in Jamaica Plain.

And one after another, the drivers were forced to pull off to the side of the road, their tires savaged by the gorge, waiting for help in the subfreezing temperatures with a sense of despair....

--more--"

And yet, what else appears in my agenda-pushing paper?

Please STOP LYING, you sorry sacks of s***!!!!


Also see:
Gore Gasses Up D.C. As Nation Freezes

Scientists Admit They Made Up Global Warming Data

And you want chuckle?

Global Warming Will Last One-Thousand Years