The IUSB Vision Weblog

The way to crush the middle class is to grind them between the millstones of taxation and inflation. – Vladimir Lenin

Stimulus disaster! Wasteful and crony lined spending becoming public.

Posted by iusbvision on July 20, 2009

It is like we said before, government stimulus does not work well because the momey is spent for political reasons and not economic ones. Also the ones who get the most money out of government money are government employees who do not create wealth and as far as the economy is concerned are unproductive workers.

Via Matt Drudge from Recovery.gov:

SPENDING SCARED: WHITE HOUSE PUTS OFF RELEASE OF BUDGET UPDATE…
RECOVERY.GOV // AWARDED: $2,531,600 FOR ‘HAM, WATER ADDED, COOKED, FROZEN, SLICED, 2-LB’…
RECOVERY.GOV // AWARDED: $1,191,200 FOR ‘2 POUND FROZEN HAM SLICED’…
RECOVERY.GOV // AWARDED: $351,807 FOR ‘REPLACE AND UPGRADE THE DUMBWAITER’…
RECOVERY.GOV // AWARDED: $1,562,568 FOR ‘MOZZARELLA CHEESE’…
RECOVERY.GOV // AWARDED: $5,708,260 FOR ‘PROCESS CHEESE’…
RECOVERY.GOV // AWARDED: $16,784,272 FOR ‘CANNED PORK’…
RECOVERY.GOV // AWARDED: $1,444,100 FOR ‘REPAIR DOOR BLDG 5112’…
RECOVERY.GOV // AWARDED: $541,119 FOR ‘INSTALL TRAFFIC SIGNAL’…

Agriculture Sec. Vilsack: ‘Purchased 760,000 Lbs of ham at cost of approximately $1.50 per pound’…
FOOD LION: $.79 Lb…

FDA can’t predict its own budget:

GAO: FDA can’t estimate its own budget needs

WASHINGTON (AP) – The Food and Drug Administration—which has struggled to fulfill its mission of regulating food, drugs and other consumer goods that make up nearly a quarter of the U.S. economy—does not have the expertise to forecast its own budget needs, according to congressional investigators.

While many lawmakers and consumer advocates have long complained that the agency lacks the staff and equipment to accomplish its mission, the Government Accountability Office says the agency doesn’t even have “the data to develop a complete and reliable estimate of the resources it needs.”

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