ConnieB
Oct 25th, 2008, 01:30 PM
http://www.southcoasttoday.com/apps/pbcs.dll/article?AID=/20081024/NEWS/810240332/-1/NEWS10
After the November election, Democrats will push for a second economic stimulus package that includes money for the states' stalled infrastructure projects, along with help paying for healthcare expenses, food stamps and extended unemployment benefits, U.S. Rep. Barney Frank said Thursday.In a meeting with the editorial board of The Standard-Times, Rep. Frank, D-Mass., also called for a 25 percent cut in military spending, saying the Pentagon has to start choosing from its many weapons programs, and that upper-income taxpayers are going to see an increase in what they are asked to pay.
The military cuts also mean getting out of Iraq sooner, he said.
"The people of Iraq want us out, and we want to stay over their objection," he said. "It's extraordinary." The Maliki government in Iraq "can't sell (the withdrawal deal with the U.S.) because it sounds like we're going to stay too long."
"I was teasing (U.S. Rep.) Jack Murtha (a key supporter of military budgets) and I said to him, 'For the first time, somebody else has got a bill that's almost as big as yours.' We don't need all these fancy new weapons. I think there needs to be additional review."
Rep. Frank called on President Bush to appoint a senior official to guide the economic stimulus packages through the transition to the Barack Obama or John McCain administration when it takes office in January.
What really bothered me was this statement " "There is money to lend and projects worth borrowing money to do. But people are afraid to lend. That's what we're trying to unfreeze."
WHAT MONEY????????????? All we are doing is printing more money when we DON'T have it and that is what got us into this mess in the first place. People should not borrow money unless they have enough salary to pay it back. I'm glad it's harder to get loans right now...maybe American's wont be so materialistic, and actually work for what they want instead of depending on the government for hand outs.
After the November election, Democrats will push for a second economic stimulus package that includes money for the states' stalled infrastructure projects, along with help paying for healthcare expenses, food stamps and extended unemployment benefits, U.S. Rep. Barney Frank said Thursday.In a meeting with the editorial board of The Standard-Times, Rep. Frank, D-Mass., also called for a 25 percent cut in military spending, saying the Pentagon has to start choosing from its many weapons programs, and that upper-income taxpayers are going to see an increase in what they are asked to pay.
The military cuts also mean getting out of Iraq sooner, he said.
"The people of Iraq want us out, and we want to stay over their objection," he said. "It's extraordinary." The Maliki government in Iraq "can't sell (the withdrawal deal with the U.S.) because it sounds like we're going to stay too long."
"I was teasing (U.S. Rep.) Jack Murtha (a key supporter of military budgets) and I said to him, 'For the first time, somebody else has got a bill that's almost as big as yours.' We don't need all these fancy new weapons. I think there needs to be additional review."
Rep. Frank called on President Bush to appoint a senior official to guide the economic stimulus packages through the transition to the Barack Obama or John McCain administration when it takes office in January.
What really bothered me was this statement " "There is money to lend and projects worth borrowing money to do. But people are afraid to lend. That's what we're trying to unfreeze."
WHAT MONEY????????????? All we are doing is printing more money when we DON'T have it and that is what got us into this mess in the first place. People should not borrow money unless they have enough salary to pay it back. I'm glad it's harder to get loans right now...maybe American's wont be so materialistic, and actually work for what they want instead of depending on the government for hand outs.