..but Iz hasta wonder just how exactly gifting 3.4 Billion dollars of tax money to non-profit organizations…who by law pay little to no taxes…stimulates the economy. The E-C-O-N-O-M-Y.
Once more, for the learning impaired: Giving money to NON-profit organizations to stimulate the ECONOMY.
Profit. Economy. See what I did there? Groups which are forbidden by law from making a profit, stimulating the economy. Do I need to break it down any farther for anyone?
Oh, but wait. We’re also apparently spending four billion to:
be used for neighborhood stabilization activities related to emergency assistance for the redevelopment of abandoned and foreclosed homes.
How do you put “emergency” and “redevelopment of abandoned homes” in the same sentence? Is this some sop to the Katrina folks, who after three and a half years haven’t fixed their own homes? If so, how is it now suddenly an “emergency?” If a house is abandoned, just who exactly are we renovating it for? Next question: Once it is renovated/restored/remodeled, WHO GET’S THE MONEY FROM ITS SALE? The bank who holds the paper on it? So we are taking tax money and giving it to banks? To stimulate the economy.
Let me break this one down for you, too. If a house is in a neighborhood or area where the people cannot afford to fix or maintain it, or in such a shitty area that the previous owners said screw this, and moved out, HOW IN THE HELL DO WE EXPECT ANYONE TO BUY IT ONCE WE FIX IT UP? If they can’t afford it now, will they be able to afford it once we remodel it and increase it’s market value by 30-50%?
Foreclosed homes can be purchased from the banks for pennies on the dollar, if you know what you’re doing. Many people make quite a living “turning” these kinds of homes. The fact that there are homes out there NOT being snatched up, means that they aren’t in a marketable area. Which means that they will sit empty, beautiful, but empty, until the locals break in, steal all the new fixtures and paint graffiti all over the new paint job. And then it’ll look just like everything else in the neighborhood, again, but you’ll have spent millions feeling better about yourself because you “did something.”
Once more, for the brain-damaged: If you rebuild a crack house in a dead-end neighborhood, all you’re going to do is give the crack heads a nicer place to crash. Which is nice. But ultimately unproductive. And just how much of this money goes for the “administration” of the program, and how much, ultimately, will ever make it into the pockets of people actually swinging hammers and hanging sheet rock?
Yeah, I think you and I both know the answer to that one.
Oh, and the millions of this “stimulus” package that will pay for abortions and birth control? Now you know how the Dems are going to pay for this “universal health care for children.”
By reducing the number of children they have to cover! INGENIUS! People this smart should CLEARLY be running the world. I’m so happy that Obama won, I may just spontaneously evolve into a higher life form.
You know, a progressive.