Friday, October 30, 2009

Setting AP Straight on the Stimulus

"AP found job counts that were more than 10 times the actual number"

Also see:
How to Make the Stimulus a Success

Thus the new government lie, 'er, report.


"Revised stimulus job tally due today" by Brett J. Blackledge and Matt Apuzzo, Associated Press | October 30, 2009

WASHINGTON - The White House promised yesterday that new figures being released today will be a more accurate measure of progress in President Obama’s economic recovery plan, while defending an earlier, faulty count that overstated by thousands the jobs created or saved so far....

Just like he defends these wars based on lies.

See: What is a MSM Update Made Of?

Thanks for standing in there and fighting, AP. Let's see what they give us tomorrow.

The AP reviewed a sample of federal contracts, not all 9,000 reported to date, and discovered errors in 1 in 6 jobs credited to the stimulus program - or nearly 5,000 of the 30,000 jobs claimed so far. Even in its limited review, the AP found job counts that were more than 10 times the actual number of paid positions; jobs credited to the stimulus program that were counted twice and sometimes more than four times; and other jobs that were credited to stimulus spending when not one job was produced.

Yeah, I covered that in my last post linked above. They just GUESSTIMATED!!!!

For example, some recipients of stimulus money used the cash to give existing employees pay raises but reported saving dozens of jobs with the money....

Translation: YOU WERE SWINDLED by the STIMULUS, America.

And you went $787 billion dollars into debt to do it -- which will actually cost you more, what with the interest payments on the borrowing.

A Texas contractor whose business kept 22 employees to handle stimulus contracts saw its job count inflated to 88 because the same workers were counted four times. The water department in Palm Beach County, Fla., hired 57 meter readers, customer service representatives, and other positions to handle two water projects. But the total job count was incorrectly doubled to 114. Those errors were included in a progress report on the stimulus released two weeks ago that featured numerous mistakes....

Some businesses actually undercounted jobs funded with stimulus money, but by far the most reporting errors inflated the number of jobs credited to the stimulus.

Trying to save face with your masters, MSM?

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Also see: AP's Poster Boy

More waste of taxpayer dollars:

"Mass. unveils $165M in highway stimulus projects

BOSTON --
Gov. Deval Patrick is unveiling a second round of 33 transportation projects to be funded with $166 million in federal stimulus money. The projects are spread across the state. They include a $3.6 million bike path connector for the Alewife Greenway Corridor; $7.5 million in improvements to Worcester's Canal District; and $10 million for improvements in MBTA bus service.

Also see:
Morning Bike Accident in Boston

Wheeling Around Boston

Other projects are located in Attleboro, Amherst, Chicopee, Ludlow, and Norwood. The projects must reviewed for final approval by the state's 13 regional Metropolitan Planning Organizations. The new transportation projects are part of a total of $438 million in stimulus highway funds allocated to Massachusetts.

Related: Slow Saturday Special: State Slow on Stimulus Spending

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"Mass. energy projects get $33.2m" by Globe Staff | October 27, 2009

The Department of Energy yesterday said several Massachusetts projects will receive a total of $33.2 million in federal funding for energy research.

Related: Slow Saturday Special: Evergreen Turns Brown


Among the Bay State companies and institutions in line for the funding are:

1366 Technologies Inc. of Lexington, which is working on technology to lower the installed cost of solar photovoltaics. The firm is set to receive $4 million, the department said.

Agrivida Inc. of Medford, which will receive nearly $4.6 million to cut the costs of cellulosic biofuels and chemicals.

The Massachusetts Institute of Technology, which will get nearly $7 million as it develops research on all-liquid metal grid-scale batteries that can provide for low cost, large-scale storage of electrical energy.

FastCAP Systems Corp. of Cambridge, which will get about $5.3 million as it looks to reduce the cost of hybrid and electric vehicles and of grid-scale storage.

FloDesign Wind Turbine Corp. of Wilbraham, which is working on high efficiency shrouded wind turbines that could reduce noise and safety concerns. It’s been allocated roughly $8.3 million in funding.

Sun Catalytix Corp. of Cambridge, which is to get just over $4 million as it researches a novel catalyst to enhance the efficiency of splitting water into hydrogen and oxygen.

That research has the potential to be an important platform technology for the production of solar fuels and for distributed energy storage systems, the Department of Energy said.

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It is not that I am against energy efficiency and renewables at all; however, I NO LONGER TRUST LYING GOVERNMENTS and AGENDA-PUSHING MSM no matter how "GOOD" their INTENTIONS.

You blew it, guys -- and ARE BLOWING IT with ALL the LIES PAST and PRESENT!