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Katwoman
12th December 2009, 12:58
The following news report provides a nice little glimpse of how the money the government borrows/prints gets into the system. In brief what they do is give pay raises etc to cops, teachers and federal employees who then spend like drunken sailors and through the process of supply and demand drive up price and eventually everyone else salary. Of course if you are living on a fixed income you are screwed since the only effect of this you will see is higher prices which effectively lower your standard of living.

WASHINGTON – The Democratic-controlled Senate on Saturday cleared away a Republican filibuster of a huge end-of-year spending bill that rewards most federal agencies with generous budget boosts.
The $1.1 trillion measure combines much of the year's unfinished budget work — only a $626 billion Pentagon spending measure would remain — into a 1,000-plus-page spending bill that would give the Education Department, the State Department, the Department of Health and Human Services and others increases far exceeding inflation.
The 60-34 vote met the minimum threshold to end the GOP filibuster. A final vote was set for Sunday afternoon to send the measure to President Barack Obama.
Democrats held the vote open for an hour to accommodate Independent Sen. Joe Lieberman of Connecticut, an Orthodox Jew who walked more than three miles to the Capitol to vote on the Sabbath after attending services at his synagogue in the city's Georgetown neighbor Lieberman wore a black wool overcoat and brilliant orange scarf — as well as a wide grin — as he provided the crucial 60th vote.
The measure combines $447 billion in operating budgets with about $650 billion in mandatory payments for federal benefit programs such as Medicare and Medicaid. It wraps together six individual spending bills and also contains more than 5,000 back-home projects sought by lawmakers in both parties.
The measure provides spending increases averaging about 10 percent to programs under immediate control of Congress, blending increases for veterans' programs, NASA and the FBI with a pay raise for federal workers and help for car dealers.
It bundles six of the 12 annual spending bills, capping a dysfunctional appropriations process for budget year that began Oct. 1, dysfunctional appropriations process in which House leaders blocked Republicans from debating key issues and Senate Republicans dragged out debates.
Just the $626 billion defense bill would remain. That's being held back to serve as a vehicle to advance must-pass legislation such as a plan to allow the government's debt to swell by nearly $2 trillion. The government's total debt has nearly doubled in the past seven years and is expected to exceed the current ceiling of $12.1 trillion before Jan. 1.
Republicans said the measure — on top of February's $787 billion economic stimulus bill and a generous omnibus measure for the 2009 budget year — spends too much money in a time when the government is running astronomical deficits.
"Obviously we need to run the government, but do you suppose the government could be a little bit like families and be just a little bit prudent in how much it spends?" said Sen. Jon Kyl, R-Ariz.
But the second-ranking Senate Democrat, Dick Durbin of Illinois, said the measure restores money for programs cut under President George W. Bush such as popular grant programs for local police departments to purchase equipment and put more officers on the beat.
The measure contains 5,224 pet projects for lawmakers totaling $3.9 billion, according to Taxpayers for Common Sense, a Washington-based watchdog group.
Sen. Patty Murray, D-Wash., who leads the transportation, housing and community development spending panel, obtained 61 earmarks worth $68.8 million in programs under her jurisdiction, including $1.2 million for infrastructure improvements for the Port of Everett.
Her GOP counterpart, Christopher Bond of Missouri, pulled down 21 projects worth $32.5 million from the some portion of the bill, including $2.5 million for a community center in Kansas City.
Saturday's bill would offer an improved binding arbitration process to challenge the decision by General Motors and Chrysler to close more than 2,000 dealerships, which often anchor fading small town business districts. It also would renew for two more years a federal loan guarantee program for steel companies.
The bill also caps a heated debate over Obama's order to close the military-run prison for terrorist suspects at Guantanamo Bay, Cuba. It would permit detainees held there to be transferred to the United States to stand trial but not to be released.
The bill would void a long-standing ban on the funding of abortion by the District of Columbia government and overturns a ban on federal money for needle exchange programs in the city. It also would phase out a D.C. school voucher program favored by Republicans and opens the door for the city to permit medical marijuana.
It would also lift a nationwide ban on the use of federal funds for needle-exchange programs.
Federal workers would receive pay increases averaging 2 percent, with people in areas with higher living costs receiving slightly higher increases.
Three Republicans helped Democrats advance the measure: Sens. Thad Cochran of Mississippi, Richard Shelby of Alabama and Susan Collins of Maine.
The Democrats opposed were Sens. Evan Bayh of Indiana, Russ Feingold of Wisconsin, and Claire McCaskill of Missouri — who voted "no" only after Lieberman arrived to ensure the bill would advance.

aequitas
12th December 2009, 14:20
They seem very determined to give out as many bribes as possible, I hope it doesnt work and they all get the boot.

Longhaul
12th December 2009, 14:46
Well, the govt. is hungry and is in no mood for regular pay let alone rations. Like a big fat pig that doesn't know when to stop eating because more has always been available and if you dare slow down the consumption more might not come....oh no!

I worked for the Forest Circus for one summer in AK ('92), OMG, the blatant waste of $$$$$ without regard for where it comes was so rampant I knew then the beast will eventually run us over.

I was ridiculed for proposing to my boss that by buying a pallet of Portland cement, and a pile of rock and sand that I would save our department $2200 in three months verses buying Ready Mix as needed for projects enabling them too keep me working my seasonal job for them another 4 weeks......which means I get more work done for them free.


^^ Boss didn't like that, instead spent $6000 in material plus salary on a proposed project revamping a caboose in Skagway to a cabin that failed miserably but only after the idiot got a $400 bonus for dreaming up the future failure in the first place.

I was specifically told that we have to use 100% of out budget every year AND NOT COMPETE all of our projects in order to GET MORE next year!!!:eek:

Having come from a private hard working family business in Ohio when I was young, I naturally wanted to choke someone.
I was floored, completely awash in disgust at the collective stupidity of our govt. Still am...... gotta go.......I'm going to get the barf bag again.


Oh ya,...... buy silver, because there is no stopping the bleeding now.

skijake
12th December 2009, 15:21
Well, the govt. is hungry and is in no mood for regular pay let alone rations. Like a big fat pig that doesn't know when to stop eating because more has always been available and if you dare slow down the consumption more might not come....oh no!

I worked for the Forest Circus for one summer in AK ('92), OMG, the blatant waste of $$$$$ without regard for where it comes was so rampant I knew then the beast will eventually run us over.

I was ridiculed for proposing to my boss that by buying a pallet of Portland cement, and a pile of rock and sand that I would save our department $2200 in three months verses buying Ready Mix as needed for projects enabling them too keep me working my seasonal job for them another 4 weeks......which means I get more work done for them free.


^^ Boss didn't like that, instead spent $6000 in material plus salary on a proposed project revamping a caboose in Skagway to a cabin that failed miserably but only after the idiot got a $400 bonus for dreaming up the future failure in the first place.

I was specifically told that we have to use 100% of out budget every year AND NOT COMPETE all of our projects in order to GET MORE next year!!!:eek:

Having come from a private hard working family business in Ohio when I was young, I naturally wanted to choke someone.
I was floored, completely awash in disgust at the collective stupidity of our govt. Still am...... gotta go.......I'm going to get the barf bag again.


Oh ya,...... buy silver, because there is no stopping the bleeding now.

Great Points about a small hardworking family business.
What is so obvious to people that run a business and have to make a payroll or pay bills in a timely manner is uncomprehensible to people who work at the government level. Budgets and Money are just inconvienent words for most people who have a Government job. Try not getting a paycheck for just a couple of months or rolling the dice on no insurance for just a little while if it will get you through a bad season. Ask a government employee or department to tighten their belts for a quarter and you've got a riot.
They asked the DMV out here in California to cut their workers salary by 10%.
DMV's answer, We'll cut the DMV's operating hours so the workers are paid 10% less but they work 3 days less a month also. The DMV is now closed on Fridays and The DMV's Motto of "Really bad service for really high prices" has been changed to "Even worse service, but less days to complain about it"
Thinking of puking myself.

LETMYSILVERGO
12th December 2009, 19:03
Having spent 34 years being self employed & actually making some money.... I learned at least these few things.

One's business decisions have to be above 95 percent correct. You make money on the right ones & usually lose on the wrong ones.

advice is Very easy to say & give, Like buy low & sell high. but to put into action is ---- ( fill in the answer your self.)

Everything is accomplished through self effort.

No one can save you but yourself.

And one of the first things I learns was-- I had a real Prick for a boss.

Bullseye
12th December 2009, 19:45
LMSG- I gotta tell ya those avatars are the best!!! I kinda miss the boy with the wide mouth tho..... One of these daze we are gonna burn a fatty! and
laugh and laugh and laugh.....Hey, has anyone tried a pinch of silver with a green bud? wonder what that would be like?........ silver smoke screen anyone?!?

LETMYSILVERGO
12th December 2009, 19:58
HE'S BACK !!!!!!!!!!!!!!!!!! -- LIMITED TIME ONLY JUST 24 HOURS, SO KEEP YOUR EYES GLUED-- OTHER CAN'T TAKE IT.

MAYBE u could start making 999.999 small silver screens for those who "HIT" it big WITH SILVER !!!

Burticus
12th December 2009, 21:37
...the measure restores money for programs cut under President George W. Bush such as popular grant programs for local police departments to purchase equipment and put more officers on the beat.[/B]


Yeah, the BushBama regime continues to federalize local police departments impoverished by the depression, bribing them with black police state body armor and crowd control weapons. A loyalty demonstration was provided for our rulers at the G20 meeting in Pittsburg, with NWO storm troopers goose stepping menacingly toward the domestic terrorists, clocking their truncheons against their body armor, making Der Fuhrer's brown shirts look like patsies.

http://www.youtube.com/watch?v=3_g1bGOPu7M
Oh shucks, for some reason YouTube says "This video has been removed due to terms of use violation."

Bubbles, key another twelve zeros on Tiny Tim's computer...