DC insiders predicting econ-o-stimulator DOA in Senate

[Okla-homey]

This should be an interesting week.

[Veritas]

Let's hope it falls flat.

[JohnnyMack]

I predict it passes. In a quite different form than what was originally concocted, but I think it gets through.

I think the original proposal was intentionally bloated with the knowledge that negotiations happen.

[Jerk]

I predict it passes. In a quite different form than what was originally concocted, but I think it gets through.

I think the original proposal was intentionally bloated with the knowledge that negotiations happen.

After the Senate gets done with it? That great body of fiscal responsibility? hahahahaha. That's funny.

[Jerk]

BTW - here's some of what's in it:

http://stimuluswatch.org/

[Okla-homey]

I'm no economist*, but I fail to see how giving money directly to people is going to help much. Besides, didn't "W" try that last year to no avail?

Anyhoo, a large part of this thing seems to be the equivalent of paying a million people to each dig a ten foot ditch, then paying another million people to fill it in. I hear tell there's a bazillion dollars in this thing to vacuum carbon out of the atmosphere and stuff it into some basalt sink or something equally bizarre.

I still think giving a tax deduction on mortgage interest, car loan interest and consumer credit would be money better spent to stimulize the economy. When I was in my twenties, we had all three, and it freed up cash to pay off your loans and accounts quicker, and also incentivized new car and durable goods purchases.

I also think a big TVA-style program to build enough nuke power plants to supply all the nation's electrical power needs would kill two birds with one rock; clean power, and the impact of building the things would certainly stimulize the economies of every region where one is built. Heck, they could even discount the ensuing electricity to help out everyone who pays a light bill freeing cash for beer, furniture and iPods.;)

*Which really doesn't matter I guess since those guys seem to lack any demonstrably practically effective expertise :D

[bluedogok]

I predict it passes. In a quite different form than what was originally concocted, but I think it gets through.

I think the original proposal was intentionally bloated with the knowledge that negotiations happen.

Kind of like how some people design buildings, with built in deductions.......

[I Am Right]

Are you talking about the porkulas package?

[fadada1]

I also think a big TVA-style program to build enough nuke power plants to supply all the nation's electrical power needs would kill two birds with one rock; clean power, and the impact of building the things would certainly stimulize the economies of every region where one is built. Heck, they could even discount the ensuing electricity to help out everyone who pays a light bill freeing cash for beer, furniture and iPods.;)

*Which really doesn't matter I guess since those guys seem to lack any demonstrably practically effective expertise :D
i'm with ya on this one, homey. having seen the inside of a few reactors (on subs), i'm in favor of sticking one on every street corner... possibly even replace my furnace with one.

one of our members (at the club) runs a company that performs steam generator inspections on reactors (the big ones). i interviewed with his company to do some work over the winter months - didn't work out with the timing. nevertheless, if bad things happen with the golf industry, i'll be banging his door down for a job. he's doing QUITE well right now. he also seems to think we're due for more new plants. unfortunately, these things take time. probably 5 years, at best, before they start building new plants. too many controls, QA, politics, etc... to get through.

[Harry Beanbag]

i'm with ya on this one, homey. having seen the inside of a few reactors (on subs), i'm in favor of sticking one on every street corner... possibly even replace my furnace with one.

one of our members (at the club) runs a company that performs steam generator inspections on reactors (the big ones). i interviewed with his company to do some work over the winter months - didn't work out with the timing. nevertheless, if bad things happen with the golf industry, i'll be banging his door down for a job. he's doing QUITE well right now. he also seems to think we're due for more new plants. unfortunately, these things take time. probably 5 years, at best, before they start building new plants. too many controls, QA, politics, etc... to get through.

The red tape with Navy reactors is knee deep, I can imagine the civilian ones are up to the neck.

[Okla-homey]

The red tape with Navy reactors is knee deep, I can imagine the civilian ones are up to the neck.

But you know what? The pack of bozo's who could pass a bill to pay for construction of a bunch of new nuke power plants are the same bozo's who have the power to write and pass laws eliminating any excessive red tape.

[Harry Beanbag]

But you know what? The pack of bozo's who could pass a bill to pay for construction of a bunch of new nuke power plants are the same bozo's who have the power to write and pass laws eliminating any excessive red tape.


Yeah, but I actually think the red tape is a good thing. It's a process that doesn't really need to be streamlined, it needs to be done right.

[fadada1]

Yeah, but I actually think the red tape is a good thing. It's a process that doesn't really need to be streamlined, it needs to be done right.

are you suggesting the russians "streamlined" their nuclear program???

nonsense!!!

their systems work perfectly!!!!

:D

[OklahomaTuba]

Calling it an economic stimulator is really a lie.

The only thing the porkulus was intended to do is increase the size of government and pay back all of the liberals special interest groups.

The only way to stimulate the economy now is to get the markets moving again, and that can only happen with tax cuts.

[Harry Beanbag]

are you suggesting the russians "streamlined" their nuclear program???

nonsense!!!

their systems work perfectly!!!!

:D


I don't know if they "streamlined" it or just sucked at engineering. Their plants have some major design flaws, or used to anyway.

[landrun]

One of the best things they could do would be to force banks to offer home owners with ARMs the opportunity to refinance their home at a fixed rate ... even though it will not appraise for as much as they owe on it. If they can't make a payment on an ARM let them pay back what they owe now at a fixed rate.

IMO, arms are immoral even if the families taking them out are misinformed. Taking advantage of ignorance isn't good business. Its crooked. You're robbing from the uneducated and in the end we're all paying for it.

[Chuck Bao]

One of the best things they could do would be to force banks to offer home owners with ARMs the opportunity to refinance their home at a fixed rate ... even though it will not appraise for as much as they owe on it. If they can't make a payment on an ARM let them pay back what they owe now at a fixed rate.

IMO, arms are immoral even if the families taking them out are misinformed. Taking advantage of ignorance isn't good business. Its crooked. You're robbing from the uneducated and in the end we're all paying for it.

Pleading ignorance as a defense is the same as socialism, or did I get that part of my right-wing schooling wrong?

[Vaevictis]

I think it would be nice if mortgage brokers had the same requirements as financial advisors.

I mean, seriously. A financial advisor has "know your client" requirements and a fiduciary duty if a client wants to make a $20,000 investment. But a mortgage broker, handling a hundred grand or more, has no such requirement? Silly.

[Flagstaffsooner]

$500,000 for a dog park in Chula Vista?