Summertime Blues - $50 BILLION In Government Waste In Obama's Stimulus - Spendulus Packaged Has Been Exposed

Late Breaking News....  AT LEAST $50 BILLION OF CERTIFIED GOVERNMENT WASTE AND PORK TYPE PROJECTS FOUND IN OBAMA'S STIMULUS / SPENDULUS PACKAGE!!!

Lenny Vasbinder

(SEE YOUTUBE VIDEO BELOW)

(WASHINGTON, DC) - U.S. Senators Tom Coburn, M.D. (R-OK) and John McCain (R-AZ) today released a new oversight report: “Summertime Blues: 100 Stimulus Projects that Give Taxpayers the Blues.” (Download FULL PDF version of report here) The report, a third in a series, highlights questionable stimulus projects that are wasteful, mismanaged, and overall unsuccessful in creating jobs. The projects featured in the report cannot be considered as an investment in long-term priorities to create and sustain economic growth that the Stimulus was designed to do.

Coburn and McCain write in the report:

“Eighteen months since the passage of the stimulus bill, millions of jobs are still gone and the economy is as uncertain as ever. The only thing getting a boost is our national debt. The stimulus has helped push it 23 percent higher, to $13.2 trillion, a new record.”

“We owe it to all Americans that are paying taxes and struggling to find jobs, to rebuild our economy without doing additional harm, and to do it in a way that expands opportunities for future generations. Too many stimulus projects are failing to meet that goal.”

“Washington should focus on re-igniting the unmatched power of the American entrepreneurial spirit by sweeping away government red tape, expanding markets for U.S. goods, making it easier for small businesses to obtain credit, and reducing our national debt by eliminating wasteful Washington spending.”

“We owe it to every American to rebuild our economy without doing additional harm and in a manner that expands opportunities for future generations of Americans. Job creation should be a national priority, but torrential, misdirected government spending is not the way to do it.”

Examples of wasteful projects include:

• $554,763 for the Forest Service to replace windows in a closed visitor center at Mount St. Helens

• $762,372 to create “Dance Draw” interactive dance software

• $62 million for a tunnel to nowhere in Pittsburgh, PA that even Governor, Ed Rendell called “a tragic mistake”

• $1.9 million for international ant research

• $1.8 million for a road project that is threatening a pastor’s home

• $308 million for a joint clean energy venture with…BP  - (Lenny adds... this sounds like payback for BP's HUGE contributions to Obama's campaign... see the BP Oil Spill Timeline for more info... http://lennyvasbinder.blogspot.com/2010/06/bp-oil-spill-was-all-obamas-fault-bush.html)

• $89,298 to replace a new sidewalk that leads to a ditch in Boynton, OK

• $3.8 million for a “streetscaping” project that has reduced traffic and caused a business to fire two employees

• $16 million to help Boeing to clean up an environmental mess it created in 2007

• $200,000 to help Siberian communities lobby Russian policy makers

• $39.7 million to upgrade the statehouse and political offices in Topeka, Kansas

• $760,000 to Georgia Tech to study improvised music

• $700,000 to study why monkeys respond negatively to inequity

• $193,956 to study voter perceptions of the economic stimulus

• $363,760 to help NIH promote the positive impacts of stimulus projects

• $456,663 to study the circulation of Neptune’s atmosphere

• $529,648 to study the effects of local populations on the environment…in the Himalayas



Permalink: http://coburn.senate.gov/public/index.cfm/2010/8/today-sens-coburn-and-mccain-released

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