Wednesday, February 11, 2009

Stimulus Randomosity

  • Looks like the House and Senate have agreed on a stimulus plan. That's porktacular!  Keep an eye on how the dollars get spent at Stimulus Watch.
  • Will the doorbells ($99,600) get installed okay in Laurel, MS?  And once they're installed, will the 2 jobs created by this remain?
  • Stock market meandered up today after yesterday's sell-off.  Yesterday, the blame was on the stimulus package.  Today, the credit goes to the stimulus package.  Word that congressional officials have agreed on a comprehensive economic stimulus plan provided stocks with a late bounce, helping stocks close with a solid gain.
  • In California, it looks as if the Governor and the Legislature have reached an agreement to close the $42B deficit.  Increase the sales tax.  Increase the income tax.  Increase the car tax.  Increase the gasoline tax.  Because raising taxes is the right prescription in a recession, right?  Read the comments at the link.  LOL.
  • 4 jobs for the environmentally friendly disc-golf course in Austin, Texas.  $886,000 for that. 
  • Is Sirius XM toast?  That's one gadget I don't have.  I could never see the attraction to it.  I'd rather just download podcasts on the iPhone.
  • 14 jobs and $500M for solar water heaters for rural families.  I hope they don't mind cold showers after sunset or when it's cloudy.
  • US budget deficit heading to $1.6T.  YIKES.  No, that doesn't include the price of doorbells in Laurel or any of the rest of the stimulus plan.  And it is important to note that this is the unified budget deficit that includes the significant Social Security Insurance surplus. The General Fund deficit will be even worse.
  • And people thought George Bush was a big liberal spender!  Somebody made the comment this morning on bubblevision that Keynesian policies don't work when nations already have a monster deficit.
  • $393,000 and zero jobs for patrol rifles for Pembroke Pines, FL.  The Neocons must've snuck that one in.
  • Yes, pic is of American Idol judge newbie Kara DioGuardi!