Category: Stimulus Package

The Chicago Godfather of the Tea Party explains the facts of life to CNBC dolts

CNBC/CME Group floor reporter Rick Santelli is credited with igniting the Tea Party movement a few years back when during a report on the floor of the Chicago Board of Trade he ripped the bailouts. He was reprimanded for expressing his opinion (“he’s only a reporter”) while the wiseguys back on the anchor desk were... Read more »

72,000 stimulus payments went to dead people

Kicking the Economy into High Gear: Stimulus Comes to Kenilworth

Read how the richest town in Illinois and #11 in the nation is benefiting from the Stimulus Shower, in the Chicago Daily Observer.
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High-speed rail: slow and dumb

It looks nice, but… Just as polls show that Americans are increasingly worried about government living beyond its means, President Barack Obama goes and announces he’s shoveling out another $8 billion for high-speed rail that is neither high-speed nor smart. Blood-sucking politicians from Illinois wanted $4.5 billion of that, but had to settle for only... Read more »

If the recession is ending, why more stimulus spending?

This is only one of several stories suggesting that the economy may have “bottomed out,” that the recovery may have started, that we’ve seen the worst, and so forth. Even President Obama is proclaiming that “we have stepped away from the precipice,” while cautioning that “many more months remain” until we’re out of the recession.... Read more »