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THE Stimulus Package Thread (merged)

Discussions about the economic and financial ramifications of PEAK OIL

Re: List your stimulus package

Unread postby Blacksmith » Tue 10 Feb 2009, 19:32:29

$this->bbcode_second_pass_quote('Hawkcreek', 'W')e need a moral stimulus. How about a national effort to identify the people most responsible for the sorry shape our nation is in. Maybe make a list of the worst offenders (about 1/2 a million should do it),
and then have a fair trial and execute them.


Don't waste money on a fair trial, just hang them.
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Re: List your stimulus package

Unread postby Tanada » Tue 10 Feb 2009, 19:44:29

My stimulus plan, take all that stimulus money and invest it in a sovereign wealth fund to finance social security, and then repeal withdrawls of SSI money from both employee and employer sources. That would instantly inject 8% more money into everyone's paycheck and change SSI from a Ponzi scheme to a soverign retirement plan. It would also make it a lot easier for Employer's to afford their staff, if you are not paying the 8% as an employer that means you can now afford one new employee for each 12 you already employ minus the cost of benefits, or a part time worker if you have less than 12 employee's. Boom, fixed the jobless rate, fixed Social Security, and stimulated the heck out of the economy with new money flowing into every working persons paycheck equal to an 8% instant raise.
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To strive, to seek, to find, and not to yield.
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Re: List your stimulus package

Unread postby jdmartin » Wed 11 Feb 2009, 08:48:22

Personally I think the stimulus package is a total waste of time. My organization is a potential recipient of stimulus money. If we get it, it will possibly pay for one project that might employ 10 people over a period of about 6 months. And, lo and behold, what we've been told is that a lot of the stimulus money is actually going to be no-interest loans that we'll be expected to pay back over 20 years. We're in good shape financially so we'll probably bite, but I know a lot of my colleagues are going to pass because they can't afford the payments, even on no-interest. States and cities are cutting back drastically everywhere, businesses are going under - what would make anyone believe that in today's climate anyone can afford to add 20 years of payments to their budget?

And, if you just give the money away, it creates a few jobs for a few months and that's it.

Anyway, don't want to hijack the thread since I've already posted my stimulus ideas a few back so carry on :)
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Hiding health legislation in th stimulus bill is intentional

Unread postby vision-master » Wed 11 Feb 2009, 11:56:21

$this->bbcode_second_pass_quote('', 'F')eb. 9 (Bloomberg) -- Republican Senators are questioning whether President Barack Obama’s stimulus bill contains the right mix of tax breaks and cash infusions to jump-start the economy.

Tragically, no one from either party is objecting to the health provisions slipped in without discussion. These provisions reflect the handiwork of Tom Daschle, until recently the nominee to head the Health and Human Services Department.

Senators should read these provisions and vote against them because they are dangerous to your health. (Page numbers refer to H.R. 1 EH, pdf version).

The bill’s health rules will affect “every individual in the United States” (445, 454, 479). Your medical treatments will be tracked electronically by a federal system. Having electronic medical records at your fingertips, easily transferred to a hospital, is beneficial. It will help avoid duplicate tests and errors.

But the bill goes further. One new bureaucracy, the National Coordinator of Health Information Technology, will monitor treatments to make sure your doctor is doing what the federal government deems appropriate and cost effective. The goal is to reduce costs and “guide” your doctor’s decisions (442, 446). These provisions in the stimulus bill are virtually identical to what Daschle prescribed in his 2008 book, “Critical: What We Can Do About the Health-Care Crisis.” According to Daschle, doctors have to give up autonomy and “learn to operate less like solo practitioners.”

Keeping doctors informed of the newest medical findings is important, but enforcing uniformity goes too far.

New Penalties

Hospitals and doctors that are not “meaningful users” of the new system will face penalties. “Meaningful user” isn’t defined in the bill. That will be left to the HHS secretary, who will be empowered to impose “more stringent measures of meaningful use over time” (511, 518, 540-541)

What penalties will deter your doctor from going beyond the electronically delivered protocols when your condition is atypical or you need an experimental treatment? The vagueness is intentional. In his book, Daschle proposed an appointed body with vast powers to make the “tough” decisions elected politicians won’t make.

The stimulus bill does that, and calls it the Federal Coordinating Council for Comparative Effectiveness Research (190-192). The goal, Daschle’s book explained, is to slow the development and use of new medications and technologies because they are driving up costs. He praises Europeans for being more willing to accept “hopeless diagnoses” and “forgo experimental treatments,” and he chastises Americans for expecting too much from the health-care system.

Elderly Hardest Hit

Daschle says health-care reform “will not be pain free.” Seniors should be more accepting of the conditions that come with age instead of treating them. That means the elderly will bear the brunt.

Medicare now pays for treatments deemed safe and effective. The stimulus bill would change that and apply a cost- effectiveness standard set by the Federal Council (464).

The Federal Council is modeled after a U.K. board discussed in Daschle’s book. This board approves or rejects treatments using a formula that divides the cost of the treatment by the number of years the patient is likely to benefit. Treatments for younger patients are more often approved than treatments for diseases that affect the elderly, such as osteoporosis.

In 2006, a U.K. health board decreed that elderly patients with macular degeneration had to wait until they went blind in one eye before they could get a costly new drug to save the other eye. It took almost three years of public protests before the board reversed its decision.

Hidden Provisions

If the Obama administration’s economic stimulus bill passes the Senate in its current form, seniors in the U.S. will face similar rationing. Defenders of the system say that individuals benefit in younger years and sacrifice later.

The stimulus bill will affect every part of health care, from medical and nursing education, to how patients are treated and how much hospitals get paid. The bill allocates more funding for this bureaucracy than for the Army, Navy, Marines, and Air Force combined (90-92, 174-177, 181).

Hiding health legislation in a stimulus bill is intentional. Daschle supported the Clinton administration’s health-care overhaul in 1994, and attributed its failure to debate and delay. A year ago, Daschle wrote that the next president should act quickly before critics mount an opposition. “If that means attaching a health-care plan to the federal budget, so be it,” he said. “The issue is too important to be stalled by Senate protocol.”

More Scrutiny Needed

On Friday, President Obama called it “inexcusable and irresponsible” for senators to delay passing the stimulus bill. In truth, this bill needs more scrutiny.

The health-care industry is the largest employer in the U.S. It produces almost 17 percent of the nation’s gross domestic product. Yet the bill treats health care the way European governments do: as a cost problem instead of a growth industry. Imagine limiting growth and innovation in the electronics or auto industry during this downturn. This stimulus is dangerous to your health and the economy.


Bend over............ :lol:
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Re: List your stimulus package

Unread postby Serial_Worrier » Wed 11 Feb 2009, 13:44:20

$this->bbcode_second_pass_quote('jdmartin', 'P')ersonally I think the stimulus package is a total waste of time. My organization is a potential recipient of stimulus money. If we get it, it will possibly pay for one project that might employ 10 people over a period of about 6 months. And, lo and behold, what we've been told is that a lot of the stimulus money is actually going to be no-interest loans that we'll be expected to pay back over 20 years. We're in good shape financially so we'll probably bite, but I know a lot of my colleagues are going to pass because they can't afford the payments, even on no-interest. States and cities are cutting back drastically everywhere, businesses are going under - what would make anyone believe that in today's climate anyone can afford to add 20 years of payments to their budget?

And, if you just give the money away, it creates a few jobs for a few months and that's it.

Anyway, don't want to hijack the thread since I've already posted my stimulus ideas a few back so carry on :)


Why should they be loans? Besides we can just have another porkulus right after this one! And then another one, money in infinite!
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Re: List your stimulus package

Unread postby sameu » Wed 11 Feb 2009, 14:38:49

$this->bbcode_second_pass_quote('Revi', 'I') think we should spend only on energy efficiency, conservation and renewable energy projects.

It's the only new energy coming into the system.

Therefore it's the only real stimulus to the economy.

All the other things are just printing paper or making mouseclicks.


+1

add to that, upgrading the grid and r&d for renewables
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Re: List your stimulus package

Unread postby Falconoffury » Wed 11 Feb 2009, 15:16:16

Many of you have some good ideas about building energy infrastructure, but what about the bank problems?

I have just one word, "liquidation". Allow the government to take over the insolvent banks, and mark all assets to market. Then, sell everything at whatever price the market will pay, including the banks themselves. If that means pennies on the dollar, then so be it. It's what they did to solve the S&L crisis, and the problem was solved quite quickly. This is the best solution because taxpayers will only be paying for the administration of the liquidations, and not buying worthless assets. Meanwhile the government can protect innocent depositors of these banks during the transition.

This is the only way to solve these problems. We either lose a decade, like Japan did, or we solve the problem here and now, like the savings and loans crisis. Wells Fargo and JP Morgan are in good shape. They can buy everything at the right price. Let's also not forget that the housing market will finally be allowed to reach a bottom. Why so few economists are considering liquidation is beyond me. Virtually anything will sell at the right price.

Only after all that is done, should the government consider "make-work" programs. I certainly am not against building infrastructure that will benefit generations of Americans, such as nuclear power plants, tidal energy farms, and wind farms. Tidal energy is another topic I don't hear enough about. It's much more productive than wind.
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Re: Hiding health legislation in th stimulus bill is intentional

Unread postby mos6507 » Wed 11 Feb 2009, 15:28:42

What's your plan to fix healthcare, VM? Wait for the Anunnaki to descend?
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Re: Hiding health legislation in th stimulus bill is intentional

Unread postby Fishman » Wed 11 Feb 2009, 15:38:08

The goal, Daschle’s book explained, is to slow the development and use of new medications and technologies because they are driving up costs.
It's called rationing care, pure and simple. And yes mos any healthcare change will require rationing. Upfront discussion like Oregon did years ago goes much further in having people come along with the plan. This is a sneaky underhand method. Part of the giant Rat Hole Obama stim plan. If you think folk hate Bush because he overshot defending the country, how will it be when one's doctor states "your mother can't have her dialysis/ surgery/ chemotherapy because of Obama". This is not transparancy but the opposite.
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Re: Hiding health legislation in th stimulus bill is intentional

Unread postby vision-master » Wed 11 Feb 2009, 16:14:07

$this->bbcode_second_pass_quote('mos6507', 'W')hat's your plan to fix healthcare, VM? Wait for the Anunnaki to descend?


1st off, promote alternate medicine. :lol:

Legalize medical marijuana.......... :-D

Tibetan traditional medicine
http://www.youtube.com/watch?v=dRXfZL3jrd0
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Re: Hiding health legislation in th stimulus bill is intentional

Unread postby nobodypanic » Wed 11 Feb 2009, 16:16:05

$this->bbcode_second_pass_quote('Fishman', 'T')he goal, Daschle’s book explained, is to slow the development and use of new medications and technologies because they are driving up costs.
It's called rationing care, pure and simple. And yes mos any healthcare change will require rationing. Upfront discussion like Oregon did years ago goes much further in having people come along with the plan. This is a sneaky underhand method. Part of the giant Rat Hole Obama stim plan. If you think folk hate Bush because he overshot defending the country, how will it be when one's doctor states "your mother can't have her dialysis/ surgery/ chemotherapy because of Obama". This is not transparancy but the opposite.

as opposed to, "your mother can't have her dialysis/ surgery/ chemotherapy because you have no health insurance/ can't afford it"?

as long as daschle gets treated the same exact way as mom, well, then we can talk.
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Re: Hiding health legislation in th stimulus bill is intentional

Unread postby Fishman » Wed 11 Feb 2009, 17:21:39

NBP
You are exactly right. I did not mean to imply health care is not rationed now. It clearly is, however indirectly. If your "mother" is over 65 she has Medicare, by far the largest component of our deficit spending. They DON"T get told no at present. In New Zealand, with universal health care, if you are over 65 your dialysis is cut off I'm told. You can provide all care for some (present system) or some care for all. But contrart to what any politician tells you, we cannot provide all care for all.
PS Obama's mom would probably not have received any care other than pain pills for her ovarian cancer. "treatments to make sure your doctor is doing what the federal government deems appropriate and COST EFFECTIVE" Unfortunately treatment of advanced ovarian cancer hardly meets the criteria for cost effectiveness.
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Re: Hiding health legislation in th stimulus bill is intentional

Unread postby Tyler_JC » Wed 11 Feb 2009, 17:51:56

Every heard of the trilemma?

You get high quality or low cost or universal access. Pick one.

Universal electronic medical records would save billions of dollars and save thousands of lives. Think of how many people die because they get the wrong surgery or the wrong medication. The benefits of creating a single database for medical records far outweigh the risks.

Giving expensive treatments to the terminally ill to buy them one more week of life is wasteful, and immoral.

Society has limited health care resources, the question is how to ration them. It's the principle of scarcity, the foundation of economic theory.

America currently rations health care by price for the uninsured, quality of employment for workers, parental income for children, and government actuaries for the elderly (Medicare) and very poor (Medicaid).

You can't have a perfect system that gives perfect care to everyone at no cost. So you have to decide, what is the goal of our health care system? What do we really want?

Quality, access, cost...pick one.
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Re: Hiding health legislation in th stimulus bill is intentional

Unread postby vision-master » Wed 11 Feb 2009, 18:35:25

I look at this like 'no fault insurance'.

YOUR RATES WILL GO DOWN!

What I see is costs increasing and care going downhill.
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Re: List your stimulus package

Unread postby Pops » Fri 13 Feb 2009, 16:35:32

I guess as far as the banks with loans that someone must have known would never be re-payed, I'd vote they go the way of the folks who took out loans they knew they could never repay.


If an institution is too big to fail; it's too big.

If a person gets money for nothing; I can't see how they can whine when they wind up where they started.
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Re: List your stimulus package

Unread postby cephalotus » Sun 15 Feb 2009, 06:56:22

(for Germany I would prefer those, I can't speak for the US)

1. energy efficiency (especially buildings)
2. alternative energy systems (mainly in the electricity sectors)
3. health system
4. (energy efficient) public transport concepts
5. education
6. sustainable agriculture
7. new concepts for resource and energy efficient urban living incl. urban gardening
8. adaption to climate change
9. preservation and rebuilding habitats for endangered species

the worst idea (in the long term) in my opinion is to spend money to give it to people as a stimulus to spend the money for some stuff like new TVs...

the last thing the (OECD) world really needs are new computers, mobile phones, SUVs or TVs...
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Stimulus Package Money for Energy Audits?

Unread postby bratticus » Wed 18 Feb 2009, 21:47:31

Hi,

I live in a condo that was going to do an energy audit until the money issue was raised and that took the wind out of our sails.

Now that the stimulus package is passed there should be some Federal money out there right?

Can anyone help point the way to this?

Thanks.
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Re: Stimulus Package Money for Energy Audits?

Unread postby basil_hayden » Wed 18 Feb 2009, 22:18:01

http://money.cnn.com/2009/02/17/news/economy/green_home_stimulus/?postversion=2009021706

I read this yesterday but it seems to apply more to utilities doing the audits tha the residents although I suppose the benefit is the same.
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Example of How Economic Stimulus Will Work (Humour)

Unread postby deMolay » Fri 27 Feb 2009, 08:41:27

"We Are All Travellers, From The Sweet Grass To The Packing House, From Birth To Death, We Wander Between The Two Eternities". An Old Cowboy.
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