Tuesday, February 10, 2009

So Wrong

Illinois Review:
Federally, Chicago looks to profit heavily from Obama’s debt bill that will dole out nearly a trillion dollars in new federal spending. Among the pork is an Illinois project that U.S. Senator Tom Coburn has identified as the single biggest pork project in the history of the United States: $2 billion for the FutureGen near-zero emission power plant in Matoon, Ill. Nowhere in the bill is it explained that “FutureGen” is an experimental “clean coal” plant that’s nowhere near ready for primetime. The very idea of clean coal has been called “prohibitively expensive” by the Washington Post and is not supported by scientists at MIT. And this is what we, the taxpayers, are investing $2 billion in? With clean, proven nuclear power available for many communities that want it?
UPDATE: John Lott:
If Obama claims a mandate, shouldn’t it be related to what he campaigned on?

At the very end of the presidential campaign Obama “proposed a $175 billion plan with tax-rebate checks for consumers as well as spending on school repairs, roads and bridges, aid to states, and tax credits for job creation.”

The current bill is not only spending 4.7 times what he promised in November, but gone are the tax-rebate checks and tax credits for job creation. The new additional programs have nothing to do with roads and bridges. Yet, a package that Obama never hinted at a couple of months ago is now considered sacrosanct. The Associated Press described Obama’s position on the stimulus plan this way: “Stopping just short of a take-it-or-leave-it stand, Obama has mocked the notion that a stimulus bill shouldn’t include huge spending.”

Take an emphatic promise that Obama made just a month ago, well after the heat of the presidential campaign had passed: “We are going to ban all earmarks — the process by which individual members insert pet projects without review.” That wasn’t a new promise. During the third presidential debate on October 15, 2008 Obama bluntly promised: “they need to be eliminated.”

But now take Obama’s testy defense of those same earmarks last Friday. Obama reportedly “also defended earmarks as inevitable in such a package.”

Uh, yesterday at his press conference he said there were no earmarks in the bill. AP, AP! takes him to task.

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