06-02-2009, 09:03 AM
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#1
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Banned
Join Date: Dec 2004
Location: IGNORE LIST OR BAN LIST
Posts: 7,839
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Obama spending in the first 5 months
Defend our Freedoms Foundation
Quote:
900 million$ given to a Hamas front company "for rebuilding Palistine".
870 Billion$ Stimulus Bill passage, which made ACORN eligible up to 8 Billion in grant money. Funding for states' (with strings attached) and made FCC the supreme authority over broadband connections. Several initial bailouts included (but not all bailouts) to nationalize the banking, housing, isurance and credit market sectors.
Another 410 Billion - now signed into Law. Many provisions against the Constiitution. Includes more bailout money.
Major bailouts occur of GM, Citibank, AIG, and Fannie Mae. All leaders in their respective markets. Government bailout had strings attached, in that any bailouts done by the government, would allow government ownership in that private firm (completely unconstitutional)
Congress passes Obama's blockbuster 3.6 Trillion$ funding request. Funds include for Obama's Americorps, Organization for America, Cyber-security, health care and more
At this point, nearly 15 Trillion$ spent and/or unaccounted for since Obama's first 5 months in office. The amount doesn't include base spending for existing projects, including Iraq and Afighanstan wars
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So much for fiscal responsible! It's good to know that Obama is working hard to bankrupt this country as fast as he can.
Last edited by NEPatriot; 06-02-2009 at 09:05 AM..
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