Where we're coming down is we currently have $787 billion of stimulus that's been passed. We're certainly focusing on spending that money as quickly and as efficiently and as transparently as we can. We think that's absolutely the right strategy.

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Why don't we stop the stimulus spending? There's still about $400 billion or $500 billion of the stimulus plan that has not been spent. Why don't we stop it? It's not working.

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After the $700 billion bailout, the trillion-dollar stimulus, and the massive budget bill with over 9,000 earmarks, many of you implored Washington to please stop spending money we don't have. But, instead of cutting, we saw an unprecedented explosion of government spending and debt, unlike anything we have seen in the history of our country.

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Although a food processor is not an absolutely essential piece of equipment, because you can certainly chop, grate, slice, knead and mix everything by hand, it does do all these things very quickly and efficiently and saves you time and energy.

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The President sends us a billion-page paper that shows how he would spend the money if he were spending the money. He doesn't have the authority to spend the money. He doesn't spend $1 of the money.

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You know, if you look back in the 1930s, the money went to infrastructure. The bridges, the municipal buildings, the roads, those were all built with stimulus money spent on infrastructure. This stimulus bill has fundamentally gone, started out with a $500 rebate check, remember. That went to buy flat-screen TVs made in China.

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If GE's strategy of investment in China is wrong, it represents a loss of a billion dollars, perhaps a couple of billion dollars. If it is right, it is the future of this company for the next century.

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In this financial year we will be spending at least $1.5 billion on foreign aid and we cannot be sure that this money will be properly spent, as corruption and mismanagement in many of the recipient countries are legend.

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Look, I am not worried about Washington cutting too much spending too fast. I mean, the kinds of spending cuts we're talking about just right now are $100 billion out of a $3.7 trillion budget.

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Since taking office, President Obama has signed into law spending increases of nearly 25 percent for domestic government agencies - an 84 percent increase when you include the failed stimulus. All of this new government spending was sold as 'investment.'

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How To Make Money

how to make money,
baby;
how to make money;
tell me sweet love
you tell me
how to make money
how to make an easy billion


the world’s full of it
in cyberspace
and in shopping malls;
the world’s full of money schemes
in our real world
and where we buy a drink
or get more fries


it’s full on
about how to make money,
baby;
how to make money


make money, pal
they say
doing nothing;
I’ve got an auto system
and all you need is internet
and all you’ve got to do
is sit back and let the dollars roll
into your bank account


so tell me
how to make money,
baby;
how to make money


come in to this meeting
another group says
and we’ll show you how
show you how easy it is
how easy it is to make money:
it’s auto, auto, auto, fully automated
and the money keeps coming;
the money rolls
rolls in, rolls in, rolls in


tell me
how to make money,
baby;
how to make money


it’s all so easy
because we want
you to enjoy the life
we’ve earned;
we’ve made our money
and we want you to share
in the happiness;
it’s all so easy, dear friends –
we’ll guide you each step of the way;
we’ll show you how to make the money


so they’ll tell us
how to make money,
baby;
how to make money:
the only thing is
what they mean is
how to make money for them, babe,
how to make money for them
with a simple transfer of money
transfer of money, transfer of money
transfer of money from the foolish
transfer of money from the foolish to the deceitful;
wealth is, dear darling,
wealth is the transfer of money
from the foolish to the cunning


how to make money,
baby;
how to make money;
tell me sweet love
you tell me
how to make money
how to make an easy billion

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Barack Obama

What do you think a stimulus is? It's spending - that's the whole point! Seriously.

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In twenty years, the Lottery has raised over $1.4 billion. It has been run successfully and efficiently.

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I have serious concerns about whether it's prudent to give any foreign country substantial leverage over the U.S. economy. Instead of spending $80 billion on important programs here at home, we're sending this money overseas just to pay interest on our debt.

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Spending Money

By: jimmy buffett and mac mcanally
(whistling)
Now Im not talking bout excessive greed
The kind that puzzled the scribes and pharisees
I dont worship it like a golden calf
But change in my pocket is always good for a laugh
Seen it brighten up the eyes of a child
It even makes the dalai lama smile
Its no relation to the meaning of life
Its a dang fool husband doesnt spring for his wife
A little spending money
Money to burn
Money that you did not necessarily earn
Rainy days seem to wind up sunny
Long as you got a little spending money
I got no financial conscience
Cant worry where it went
A lasting treasure a moment of pleasure
Worth in every cent
Coin or paper, silver or gold
All denominations nouveaux or old
Cant have a turkey without oyster dressing
Its the root of all evil the sum of your blessings
Dont need no armored car or time-locked vault
Dont need a shaker full, just a few grains of salt
You may get by looking good and being funny
But lifes a little less restrained with a little
Spending money
Money to burn
Money that you did not necessarily earn
Rainy days seem to wind up sunny
Long as you got a little spending money
Long as you got a little spending money
Oh give me some spending money

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Increased government spending can provide a temporary stimulus to demand and output but in the longer run higher levels of government spending crowd out private investment or require higher taxes that weaken growth by reducing incentives to save, invest, innovate, and work.

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Second, we're spending a huge amount of money on technology so that everyone can check out laptops and portable phones. We're spending more money to write our existing information into databases or onto CD-ROM.

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The claim made by Team Obama that every dollar in stimulus translates into a dollar-and-a-half in growth is economic fiction. The costs of stimulus reduce future growth. No country has ever spent itself to prosperity. The price of stimulus has to be paid sometime.

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A billion here, a billion there - pretty soon it adds up to real money.

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A billion here, a billion there, pretty soon it adds up to real money.

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A billion here, a billion there, and pretty soon you're talking about real money.

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