Obama is proposing to spend more than the entire Iraq war with one fell swoop of the pen, under the guise of a bailout.
Bailout??? This isn't strictly a bailout. Included in this bill is one big massive vote buyout payment to the teachers unions and the welfare throng, Obama's biggest supporters.
Let's look at the fine print on a $819 billion dollar package. (from the Wall Street Journal)
"In the education realm, the stimulus aims more than $125 billion at bolstering public education, an unusual federal intervention in a sphere usually left to state and local governments. It calls for spending $20 billion on school and college renovations. There's another $79 billion proposed for aid to the states to help them avoid education-related layoffs. In addition, more than $2 billion would go to the Head Start program, $13 billion to supplemental funding for high-poverty areas, and another $13 billion for special-education programs."
125 billion dollars of a STIMULUS PACKAGE to education???
How the hell in God's name does sending 125B to the education system, and a lion's share of that to preserve salaries ($79B), help stimulate the economy? This is a fucking outrage!
15% of the "Stimulus Package" is going to education (125B/819B). Throw in 50 million to the National Endowment to the Arts to add insult to injury (no I am not making that up, check the article yourself).
The stimulus package is basically a welfare package payout to many of those who were elemental to Obama's run for the presidency. Unfortunately, very little of it will actually go to stimulating the economy.
Congratulations, teachers unions...spend your dollars wisely.
Karma dictates that what comes around, goes around. School vouchers, shared home-schooling and privatization are in the future. It'll be the greatest thing for students but then finally, teachers will get paid what they are worth...not what the teachers unions can sponge taxpayers for. If I was a teacher, I'd be apt to try to gain control of the union that represents me, because eventually the union will spell the demise of the current education system in favor of privatization.
The fact that 11 democrats broke ranks gives me some hope for this country. Next time, Obama wants to give his buddies free money, I wish he would just call it what it is...a payout of free money or voter welfare and not hide it under a guise of a stimulus package.
Now, I'm sure all the teachers that are my friends will be pissed off by this post and I really don't give a rat's ass about that. I think that this could possibly be one of the most outwardly corrupt cash grabs I've ever seen in my life. Maybe some of them will finally see the greed, corruption and power of the national entities that spoon feed them their "facts"..., but probably not.