Showing posts with label Pork Barrel Politics. Show all posts
Showing posts with label Pork Barrel Politics. Show all posts

March 26, 2020

Rescue Plan Is Largely Another Shortsighted Bailout


First of all let me point out these photos of the day.

The first one are blue lines on the floor at Whole Foods telling people to keep their social distance from other customers. 

One person crossed the blue line and another customer promptly yelled at them that they were going to get them sick!

The second photo is limiting Nutter Butters ("Nut Butters") to 4 per customer during this coronavirus--sh*t people are downing Nutter Butters like there truly is no tomorrow.  LOL

Finally, looking over the $2 trillion Coronavirus Rescue Plan, I see a lot of bailouts--about half through grants and half through loans.  

On the positive and largely necessary side are increases to unemployment insurance payments and aid to needy households (up to $150,000 for married couples is needy?) and to hospitals and transit.

In terms of the business loans, there are "forgivable" ones to small business, so not sure how that is a "loan."

Overall though, it seems like we are throwing a lot of other money around that we as a country don't have and will end up paying in terms of a higher national debt and higher interest payments for generations to come.  

This is another lost opportunity!

If we were already going to spend big money like this, why not pass the infrastructure spending bill to rebuild our aging roads, bridges, electric grid, aviation, public transit, and expand internet coverage.  This would actually put people back to work and build America again, rather than give corporate handouts that are shortsighted and with squat to show for it for the country's ultimate benefit.

Everyone likes to get freebies, but eventually the country will come back to pay the piper, and there will be bread lines and not Nutter Butter. ;-)

(Credit Photos: Minna Blumenthal)
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March 24, 2020

Enough! Coronavirus Already

Day G-d's knows what of being locked down for this global Coronavirus outbreak. 

I am soooo SICK of Coronavirus!

It's time to slay this Covid-19 and get this world back to normal. 

Sure, I am extremely grateful for every day of health and certainly not to be in the lousy hospital.

But life has got to be about more than Coronavirus. 

It's not Armageddon, but slow water torture or death by a thousand cuts. 

The repetitiveness is mind-numbing, repulsive already. 

The news is boring, snoring everyone to tears. 

The fear is morphing into unintended complacency.

The "rescue plan" everyone knows is more pork barrel politics.

The wild gyrations of the stock market is nonstop ticker tape Vegas style. 

Even the grocery and toilet paper hoarding has got to have an end in sight.

It's not that Coronavirus isn't serious and important, but what about everything else in the world.

Can we start to give some attention to life again? ;-)

(Credit Photo: Andy Blumenthal)
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June 22, 2016

DC Metro Is In Shambles

So the latest this week from the crumbling infrastructure of the DC Metro train system, not withstanding the mess of Operation SafeTrack. 

While riding this morning, a large panel inside the train abruptly and widely swings open and smashes against the fabricated white and plastic wall adjacent to the seats. 

It made a loud bang and initially everyone on the train looked up with the deer in the headlights stare apparently thinking it was a gunshot on the train or something. 

Luckily, no one was in the 2 seats where the panel swung open like that, because their would've been some physical damage done to somebody there. 

The age and decrepitness of the train obvious from the incident and also looking at what's behind door #1!

What is amazing is that this is the Capital of the United States, one of the wealthiest and most powerful nations on Earth.

We spend lavishly abroad and domestically on wasteful pork barrel politics, broken programs, and even money that goes completely unaccounted for (can anyone say pass a financial audit). 

Yet, we cannot provide a modern, clean, safe, and functional metro transportation system servicing the capital of our country or for that matter educate our young people properly or feed the hungry and shelter the homeless within our own borders. 

There is a lot broken here and Metro is just the tip of the leadership iceberg unbecoming who we are and what our potential for this world is. ;-)

(Source Photo: Andy Blumenthal)

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July 2, 2014

Money, It's Something

Just an observation today about there being so much poverty in the Nation's capital and around the country. 

Homeless, hungry, and sick people on the streets in one of the richest countries in the world. 


Yet, we have trillions going overseas to fight wars with seemingly little to no tangible benefits.


And so much ostensible waste with pork barrel politics, inefficiencies, and failed projects. 


A relative joked with me the other day saying, "It doesn't matter if you're rich or poor as long as you have money!"


Here we borrow money ($17.6 trillion ) and print money and the Federal Reserve buys debt ($4.1 trillion ) to keep interest rates low and the economy churning.  


People from real estate mogul, Donald Trump to Economist, Robert Wiedemer, who predicted the last recession, are warning of dire economic consequences because of these short-sighted policies. 


So do we have real money to continue to burn or is it smoke and mirrors and as Wiedemer says, "the medicine will become the poison"--what do you think?


(Source Photo: Andy Blumenthal)

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