- Highlights
- Full Text
[0:54] ..." a lot of that that on top of the reporting problems. Nonexistent congressional districts. It's from -- even worse when -- find out where the money's really going."...
[1:04] ..." Here's another one that was reported on the Boston Globe Harvard University with an endowment worth billions -- like everyone has suffered in the recession still has. More money socked away than any other. University in the country. And yet the federal government is giving him -- 100000 dollars to buy a high tech microscope."...
[1:42] ..." different view. How that money to be spent 787. Billion dollars. The White House kept saying that they going to create for millions arms. At that rate 896000. -- which. And what we've seen so farmers"...
[4:30] ..." Those -- in that is the kind of thing gets through Financial Times and they. I don't think people's view some. Extra money is."...
[0:00]" That sound that you hear well I should -- a couple of different zones one is the printing presses of the bureau of printing and engraving working overtime to crank out money. And that's for the federal stimulus funding and the other is the gnashing of teeth when some people see how the money is being spent. For example more than a 100000 dollars is going to be spent on a privately operated Boston cruise boat to make it terrorist proof. Is that with the stimulus was -- do we need jobs created. Joining us from Washington is Tom Schatz president of Citizens Against Government Waste that doesn't sound like a job created me mr. jets."
[0:34]" That's been a problem with system all along been funding a lot of existing programs expanding existing programs there wasn't a lot of thought of them out. Really creating jobs most people thought that this would be infrastructure. That might help the economy but we're finding. No surprise to those living in Washington. That's not doing a lot of that that on top of the reporting problems. Nonexistent congressional districts. It's from -- even worse when -- find out where the money's really going."
[1:04]" Here's another one that was reported on the Boston Globe Harvard University with an endowment worth billions -- like everyone has suffered in the recession still has. More money socked away than any other. University in the country. And yet the federal government is giving him -- 100000 dollars to buy a high tech microscope."
[1:23]" That's not the only National Science Foundation. Grant that accountants are a lot of them are instances besides regular. Land that has been in. Provided by a lot of these agencies prolonged time when people see that -- stimulus money. They have a different view. How that money to be spent 787. Billion dollars. The White House kept saying that they going to create for millions arms. At that rate 896000. -- which. And what we've seen so farmers for example in Maryland and it was of course one point nine million dollars to create. And then the District of Columbia. One point two million dollars. On average to created job. Clearly those people are being paid that much so certainly people have legitimate questions about what's happening even with the money that you concede. Let alone those that are going places and nobody knows better even. As a Government Accountability Office testified on capitol built today. The 57 jobs. Acquaintance in those projects that have spent no money it."
[2:33]" Although it is also clear that some drugs have at least been say for example the other day in Fall River 44 firefighters got their jobs back. Because a federal stimulus funds -- is a positive result right."
[2:45]" short but again I would wonder about how much it cost. To save themselves might have been cheaper. To send them money around in different way you know he's an 84 million dollar. Group. People. Booking -- assistant managing his recovery dot gov web site. And it's not providing accurate information that's a lot of money to spend. The representatives from Washington. Cathy McMorris Rodgers when representative. Washington is Stacy put up web site for 18000 dollars gives you the same information here is spending 84 million dollars on and it's not all that accurate."
[3:21]" Now these regrets presumably have to be applied for and someone presumably. Has to check off after. Examining. They're the applicability to the stimulus funding and the really what they're -- of what the overall let me ask about another one that the Boston -- reporting. National Science Foundation created job for a graduate assistant account pollen grains. From farms in Iceland and researchers to continue their study of the -- that the Arctic environment played in the evolution. Of the vikings."
[3:50]" Okay that's important. It. Question the tax dollars in work. Added these are the kinds of plans or ordered by the national science and nations since we've seen in other areas and other programs. That are already in existence you know of the students worked as quickly went existing programs. And in trying to create jobs that might opened construction some legitimate instructions as work on. -- scored facility here in the city. Nancy is reasonable to -- A lot of it is going to. Those -- in that is the kind of thing gets through Financial Times and they. I don't think people's view some. Extra money is."
[4:40]" It's it's pretty easy to pick on some of these things whatever they're there absolute value may be here's another war from the globe. The study of the security and talks of modern butterflies."
[4:51]" I think that's a wonderful thing if you have a lot of extra money we don't have a lot of extra money we have some massive unemployment problem. That's not going to these small business that I created jobs and help local community in. You restore some confidence in the economy -- promises to these -- opposite. Because people frustrated with not being able of the child and -- that this is in the stimulus monies go."
[5:16]" There was another report that 450000. Dollars was allocated to the city of -- and put solar. Panels on the roof of the police station. Now follow me on this and mr. Schatz the presumably what that means is is it that'll keep a couple of people working in the solar panel factory but long term as the police department in. Walter amuses us electricity could that put some utility workers often drop."
[5:38]" Well that's the green energy effect and that may be something where they're creating jobs greener energy and other ties to bosnians energy industry will not be there. That's when those tradeoffs but again. I don't know that that particular solar panel was the best use. Of federal money numbers still -- textiles from around the country. I don't know. I don't -- this thing in every police stations and so -- but. And its commitments and helps stop crime."
[6:07]" Most of the -- always running back."
[6:09]" Our children and grandchildren without any doubt we have one point four trillion dollar deficit. We've now reached twelve trillion dollars on the debt. Rise to nineteen trillion dollars. The and -- the next decade. Between nineteen units and uses those so. We're looking at some massive increases in I don't see any proposals from the administration and congress to reduce spending any. Consolidates some of these wasteful programs. Cut back on many things people are cutting back because they have to. This story yesterday about less air travel more people driving and having some people not going anywhere at all decision barely afford Turkey. So I just don't think people in Washington we get it. And understanding what's really going on country."
[6:57]" Tom Schatz president of Citizens Against Government Waste. It looks like there's funny mister -- thanks very much."
Del.icio.us
Digg
Reddit
