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DEL.ICIO.USThe cost of economic stimulus is down to $791 million a page
The Atlanta Journal-Constitution
Late last night, OpenCongress posted the full text of the 999-page, $789.5 billion American Recovery and Reinvestment Act of 2009.
That’s $791 million a page.
The U.S. House could vote as early as today. You’ll be able to spot the proofreaders — their lips will be a blur of bilabial fricative.
U.S. Rep. Tom Price (R-Roswell), now a member of House GOP leadership, has been producing some interesting YouTube clips on the topic. Below is something he posted this morning. You’ll note that he has 74 more pages than the OpenCongress site. Not sure what that’s about.
One of the casualties of the House-Senate conference committee was U.S. Sen. Johnny Isakson’s $15,000 homebuyer tax credit, designed to juice the U.S. housing market.
Elsewhere in today’s AJC:
Isakson said Thursday he will continue to push for the tax credit in a separate, stand-alone bill, and hinted that the idea may be gaining support among Democrats, too.
“Quite frankly there is so much outward support for what we did … that I wouldn’t at all be surprised if you didn’t see it come back in some form with a Democrat’s name on it,” he said.
U.S. Sen. Saxby Chambliss was less sanguine.
“That’s the kind of thing that really makes you angry about politics, because that was a bipartisan effort, something that Democrats stood up and really supported. Then it gets into the conference committee that’s controlled by the Democrats and they pulled it out,” Chambliss said this morning, on WGAU (1340AM) in Athens.
Listen here to the entire sound clip kindly sent by radio host Tim Bryant.
Comments
By Chris Broe
February 13, 2009 11:03 AM | Link to this
Markets should rally this spring. Buy! There is a confluence of triple bottoms in a moderate term low. If we’re betting on 2010, then 2009 is getting on (in dead cat bounce years) . There’s a lot of money out there. So, I’m calling this the bottom and we see Dow 10K in the spring rally.
Doesn’t that sound stupid? You should hear Jim Cramer. He’s waltzes people right in there and then waltzes them right back out again. Real Blazing Saddles. He should not be allowed, as a virtual institution of trading, to discuss stocks that way. He should go on QVC. It’s part of this new economic era of no trust. Jim, you’re fired.
Now there happens to be a beautiful match to the triple bottom theory occurring right now, and if you look at the horoscopes on this one: Never fight the fed. Never try to catch a cat that died fighting the feds. If there are dead cats, then there are witches. I like the odds here.
The lore behind the language chosen to describe chart harbingers reveal man’s fractal nature, that is, he’s like a particle that has direction and spin, and that which man envisions, like a stock chart, necessarily conforms to the same relative motion inherent in the pariticles forming the structure of the universe. We don’t understand the structure of the universe or of ourselves, but the math matches, sometimes, and if we can trust the math, then we can trust the market, and the banks, and Vegas.
Bob Dole really did discuss Erectile Disfunction and then leer at Brittany Spears with his dog. That happened. Now that’s trust in our institutions. The markets soared. This is a new era. The zeitgeist has changed. Listen to it. Yes, the zeitgeist is the little voice in your head. It’s in and from all of us, cant you see? Every one on the planet sending out our electromagnetic signals, and what you are hearing is the Aurora Borealis of Collective Consciousness in an atmosphere of humanity. We naturally make a human field of consciousness the way our planet’s liquid core makes a magnetic field, in fact it is probably on earth’s magnetic field that our thoughts travel. We exist in the sun’s atmosphere, not the earth’s. The earth’s atmospheres is totally dependent on the suns, and a necessary result of the sun.
Zeitgeist explained: You can discern the zeitgeist. It’s our prayers and our hopes for ourselves and mankind. And we’re all telling each other where the trust is, and how to rely on it. Here’s proof of the zeitgeist: Pick your nose. Hear that? That’s me and about ten million other people telling you how disgusting that is. Listen. Now scratch your balls. Hear that? That was all 6 billion of us. Listen: Look at the flag. Hear that? That’s the sound of the guns. March to it. Be an American. Love your country enough to trust your neighbor as you earn his trust.
We have to America our way out of this, America.
“Don’t catch a falling knife” the most ridiculous idea i ever heard. . “Don’t catch a falling star” makes more sense.
I hereby change the zeitgeist this way: Lets all say, “Dont catch a falling star” instead of “Dont catch a falling knife”. All agreed say “neh”. NEH!!!!
The Knights Who Say Neh have spoken. Buy!