9:24 PM

Bailout Boondoggle

Posted by Skye |



The staff of the conservative group, Our Country Deserves Better Committee, has put together a database of phone numbers, fax numbers, and emails for each Senator. Please use this list to contact the Senators to urge them to vote NO on this nightmare.

I've whittled the list down to the Pennsylvania Senators:


PENNSYLVANIA

SENATOR ROBERT CASEY - DEMOCRAT

DC PHONE: (202) 224-6324
DC FAX: (202) 228-0604
PHILADELPHIA PHONE: (215) 405-9660
PHILADELPHIA FAX: (215) 405-9669

EMAILS TO CONTACT:
James_brown@casey.senate.gov
Michelle_Shwimer@casey.senate.gov
jofi_joseph@casey.senate.gov
sara_mabry@casey.senate.gov
jackie_erickson@casey.senate.gov
kasey_gillette@casey.senate.gov
Bryn_McDonough@casey.senate.gov
morna_murray@casey.senate.gov
richard_spiegelman@casey.senate.gov
kendra_barkoff@casey.senate.gov
open_positions@casey.senate.gov
Nathan_Steinwald@casey.senate.gov

SENATOR ARLEN SPECTER - REPUBLICAN

DC PHONE: (202) 224-4254
DC FAX: (202) 228-1229
HARRISBURG PHONE: (717) 782-3951
HARRISBURG FAX: (717) 782-4920

EMAILS TO CONTACT:
Scott_Hoeflich@specter.senate.gov
Maria_Plakoudas@specter.senate.gov
Christopher_Bradish@specter.senate.gov
thomas_dower@specter.senate.gov
seema_singh@specter.senate.gov
corene_ashley@specter.senate.gov
regina_campbell@specter.senate.gov
gayle_mills@specter.senate.gov


The Cato Institute has posted numerous articles detailing the disaster that is the Obama bailout bill:

$646,214 Per Government Job

The Obama administration claims the stimulus bill will "create or save three or four million jobs over the next two years . . . with over 90% [of those jobs] in the private sector." To prove it, they issued a report from Christina Romer, chairman of the Council of Economic Advisers, and Jared Bernstein, chief economic adviser to Vice President Joe Biden. Its key estimates, however, were simply lifted from an outdated paper by Mark Zandi of Moody's economy.com.

Mr. Zandi's current estimates have government employment growing by 330,400 over two years as a result of the House bill (compared with 244,000 in Bernstein-Romer paper). Yet even that updated figure still amounts to only 8.3% of total jobs added, even though state and local governments are to receive 39% of the funds ($214.5 billion). Spending $214.5 billion to create or save 330,400 government jobs implies that taxpayers are being asked to spend $646,214 per job.
We Can't Spend our Way out of this Quagmire
You can't solve an excessive spending problem by spending more. We are making the crisis worse.
Big Gov't did not work for Bush and it will not work for Obama

Many factors influence economic performance. Monetary policy, trade policy, taxation, labor markets, property rights, and competitive markets all have some impact on an economy’s performance. But one of the key variables is government spending. Once government expands beyond the level of providing core public goods such as the rule of law, there tends to be an inverse relationship between the size of government and economic growth. This is why reducing the size and scope of government is one of the best ways to improve economic performance. Unfortunately, policy moved in the wrong direction during the Bush years, and proposals for so-called stimulus indicate a continuation of those failed policies during the Obama years.


Clicky Web Analytics