Friday, February 13, 2009

True Cost of Bogus "Stimulus," $3.27 Trillion, Plus Likely Bailouts = Over $5 Trillion (not Including Obama's "Healthcare" and "Environmental" Costs)

It's intentionally destroying the economy, "stupid."

This "stimulus" of manufactured catastrophe: $3.37T + total "bank bailouts": $1.8T + expected state bailouts: $40B+ (I.O's rough estimate) = roughly $5.2-trillion, over the next ten years. That does not include planned "healthcare reform," nor the punitive effects of the "environmental" ploys of the Obama despots (e.g., "cap and trade," socialist make-work projects), etc.

Accumulated, this will not stimulate the economy. It will destroy the economy and our livelihoods. There will not be that much available money in a world this will drive into recession. Therefore, once again: we see the Sorosian tactics of destroying currency (including extreme inflation) and this time, our entire economy -- perhaps, nearly the entire world's economy, as the dominoes fall.

Is there anyone who can deny that these people seek to eliminate the free American economy, as they would send us into depression, and turn the American "masses" into proletariat dependents upon the state?

From the Heritage Foundation...
All of the major news outlets are reporting that the stimulus bill voted out of conference committee last night has a meager $789 billion price tag. This number is pure fantasy. No one believes that the increased funding for programs the left loves like Head Start, Medicaid, COBRA, and the Earned Income Tax Credit is in anyway temporary. No Congress under control of the left will ever cut funding for these programs. So what is the true cost of the stimulus if these spending increases are made permanent?

Rep. Paul Ryan (R-WI) asked the Congressional Budget Office to estimate the impact of permanently extending the 20 most popular provisions of the stimulus bill. What did the CBO find? As you can see from the table below, the true 10 year cost of the stimulus bill $2.527 trillion in in spending with another $744 billion cost in debt servicing. Total bill for the Generational Theft Act: $3.27 trillion.

Do you not understand what Obama, Pelosi, etc. mean by "transformational" and by Obama's claim, "I will change the world?"


Anonymous said...

The last Bailout was a projected 8.5 Trillion from that mere $750 Billion.This scam will be triple that and the name of the game is to crush the entire global financial system,not just the USA's.And it is an Illuminati created crisis.The tactics come ala Rothschild and the rest of the bloodlines that rule the world.Look behind the curtain of Marxists and dupes like Soros and other visible stooges.

Anonymous said...


You are correct in everything you are saying about this "stimulus" bill. Congress and the illegal president are going to drive us bankrupt. I'm from WI and Ryan is one of the very few of our representitives actually doing their job. Our Governor is an absolute moron and our Senators are no better. I watched as Nancy Pelosi said abortions would improve our economy. In my opinion the only abortion that would have helped our economy would have been hers. Thank you for a very informative blog. We need more patriots like you.