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Tuesday, December 23, 2008

About That Infrastructure Idea

Watching the video below this morning, I kept hearing the voices of those that seem hell-bent on shouting down Obama's plan to rebuild needed infrastructure in the US.



Kind of makes one wonder what could have been done with the hundreds of billions of dollars that have gone into Iraq.

Oh, and those "voices"? One of was Bush:

Sen. Hillary Rodham Clinton urged President Bush during a Veterans Day ceremony yesterday to agree to a $300 billion economic stimulus package that might be considered by a lame-duck session of Congress next week.


The Bush administration has opposed another economic stimulus on the grounds that the $700 billion Wall Street rescue plan approved in early October served as a de facto second stimulus and needs more time to have an effect on the economy.


More here from LoHud.

Considering that 21 banks, when contact by The Associated Press, refused disclose what has been done with the $700 billion, how exactly are we to feel comfortable that this "defacto stimulus" is even working?

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