Stimulus Plan Favors New York, Thanks to Schumer

021709schumer.jpg The economic stimulus package will benefit New York more than any other state in several crucial ways, and Washington insiders say Senator Chuck Schumer deserves a lot of the credit. Much of the allocation is still being determined, but as it stands now, New York will receive more money for Medicaid relief ($12.6 billion), mass transit ($1.3 billion) and home weatherization ($403 million) than any other state. Schumer is widely credited with big Democratic wins in the Senate in the 2006 elections, and one unnamed Democratic "insider" tells the Daily News, "Pretty much everyone from Harry Reid on down owes their job to Chuck. So whatever Chuck wants, Chuck gets." And it's not just Chuck; even less senior players like Rep. Anthony Weiner have been bringing home the bacon, securing $390 million to help New York's aging housing projects. But Weiner explains that part of the recent legislative success simply has to do with the end of the Dubya era: "Trying to explain public housing elevators to the Bush administration was the equivalent of talking French to a fish."

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He also brought us unregulated Wall Street and a torture loving Attorney General, which he excused cuze he was, you know, a "cumminty" friend.

Also takes great pride in Israel's practice of texting Palistinean children before blowing them to bits. In their schools.

So, YMMV

You beat me to both points.

It takes balls to claim credit for helping to bail out a problem you helped cause.

Weiner is also a Schumer protege.

Throwing good money after bad. New Yorkers only hope some of that funny money comes our way. That should hold us over... for a few months?

The federal government can't give you somnething they haven't taken from you already.

In this case it's, even worse; they're giving us money they don't even have yet and we'll be paying off the gargantuan interest for generations to come. Then there's the inevitable inflation that will devalue all your savings right now as the dollar collapses. Weimar Germany anyone? Got a wheel barrow?

If you're dumb enough to fall for Schumer's Santa Claus act, you deserve to get screwed, although I do feel sorry for your grandkids and their kids.

Yes, they can.
Some states get far more than the tax dollars sent to Washington and others, like NY, get far less than what we send. South Carolina gets about $1.35 for every $1.00 they pay in taxes.

Considering the rape job New York banks did to the rest of the country I think you should drop it with the "Blue States pay more in taxes" routine.

It's not a routine, it's a fact.
Last time I checked the big banks in Charlotte did a lot more than just look out for the cops.

It's a meaningless fact. The higher paying finance and law jobs are in New York. That's all it means.

And I'd like you to explain the methodology of this "fact". Does it break down exactly where the money is spent? For example, if the Air Force buys a plane from Boeing does the spending get credited simply to Boeing headquarters in Chicago? Or does someone break down the thousands of suppliers Boeing has spread across almost every one of the 50 states? How about highway spending? You might not own a car but ever consider how your food makes it to your local supermarket? And I'm no fan of farm subsidies but does has your source broken down the benefit the rich states get from cheaper food? Oh and how about military spending? Do you think you in no way benefit from the US military? Setting Iraq the mess in Iraq at the very least you in some way benefit from US Navy keeping the shipping lanes of the world open. Please, cite your source and its methodology.

Setting Iraq the mess in Iraq at the very least you in some way benefit from US Navy keeping the shipping lanes of the world open.
WTF? You are aware Iraq's coastline is just 12 miles long and most of oil is exported by pipelines thru Syria? I don't feel like doing that much effort to educate you about the rest of your reply. However, the South Carolina part is from a Monday CNN editorial: http://www.cnn.com/2009/POLITICS/02/16/begala.carolina/index.html. Enjoy

Using an opinion column as a source of facts is a very dangerous move, and it doesn't really address ER's questions.

I agree and editorial source may not be the best choice, but it's CNN and not People magazine.
The Associate Press used US Census data for this:

The AP compared the census data to previously released IRS figures for 2005 federal tax collections. The IRS data includes individual, corporate and excise taxes.
The analysis shows that wealthy states pay more than poor ones, blue states subsidize red states and states with powerful politicians on key House and Senate committees fare well in federal spending.

And everyone and go to the Tax Foundation's website to confirm this.

I agree citing an editorial may not be the best source, but it's CNN, not People magazine.
How about The Tax Foundation? http://www.acta.us/

Good job misinterpreting one line. I meant the Navy keeps shipping lanes open all over the world. You wouldn't have global trade without it.

I don't feel like doing that much effort to educate you about the rest of your reply.

Typical. You completely failed to address my questions and try to walk away the winner.

And BTW you're using 2005 data? Let's see how it works out in 2008 when you factor in the billions to bail out New York firms.

And you 100 percent completely failed to address my question about methodology.

While we're at it, here's another question you won't bother answering. How is income computed? Does it come strictly from Income Tax filing? Let's say I live and work in New York. My income tax and payroll taxes show up as New York based. Say I move across the river to NJ. Has anything really changed? No, but my income shows up in NJ now while my payroll tax is still in New York.

How about when a New York based CEO pockets tens or hundreds of millions of dollars for work his firm did around the world? Was anything of any value actually created here? No. The CEO most likely packed the board with cronies who rubber stamped his pay package. Now his stock is likely down but he's already sold his shares.

And what's YOUR methodology? Prove that all taxes really are distributed so not one single state nor region comes out behind because that sounds like a fantasy.

And out comes the typical RW prediction of Weimar Germany style hyperinflation..

Can you make any substantive argument to back up such a ludicrous claim?

It's not that the Bush administration didn't understand what Schumer was talking about when it came to public housing elevators. The Bush admin didn't believe the city should be a landlord. Stop the welfare.

The Bush administration had no problem giving the new suburbs new highways and roads. Why isn't that considered welfare for the suburban middle class?

The Bush administration had no problem giving the new suburbs new highways and roads. Why isn't that considered welfare for the suburban middle class?

Highways = public housing? Really? Stop it.

This is basically the latest installment of the Federal government's treasonous selling out of America to international banking that began in 1913 with the establishment of the Federal Reserve.

"treasonous"??
You channeling Ann Coulter again?

At the risk of feeding your possible psychosis: How is the establishment of the Federal Reserve "treasonous"??

Just curious.

Let's say your dad racks up a gambling debt and hocks the house to the local mafia loanshark. I'd call that behavior treasonous.
In the case of the Fed, the loansharks are the Chinese and Saudis et.al.
Don't think that being in hock to these countries doesn't steer our foreign and domestic monetary policy.

if you are seriously interested, i recomend this video:

Do some research, and not just reading bumper stickers off the back of some hippy's Volvo.

The Federal Reserve is not federal, it's a collection of private international banks that have been given control of our currency and allowed to lend us our own money and charge us interest on it. Cowardly handing over the country's economic sovereignty to foreign, unnacountable entities and selling off the American people into financial servitude, they might as well have wiped their asses with the Declaration of Independence. Yeah, I'd call that treason.

"Cowardly handing over the country's economic sovereignty to foreign, unnacountable entities and selling off the American people into financial servitude, they might as well have wiped their asses with the Declaration of Independence. Yeah, I'd call that treason."

Me, I'd call that a run on sentence. Um, are you talking about this Federal Reserve?

Loved the "some hippy's Volvo." part. What year do you think this is?

*AND* You do read Ann Coulter, right?

Perhaps you should do some research. Treason is defined in the Constitution as follows:

Treason against the United States, shall consist only in levying War against them, or in adhering to their Enemies, giving them Aid and Comfort.
How does establishing the Federal Reserve System fit into that definition?

Shhhh!!! You'll spoil his day...

With an oink-oink here and an oink-oink there.
Here an oink, there an oink, everywhere an oink-oink.

But how about this:
NY's economy depends heavily on the arts and culture industry yet Schumer for some reason voted for the Coburn amendment, which would have specifically excluded museums and art centers from receiving stimulus funds. What's that about?

stock market HATES this bill

Well, the stock market hates anything less than teh Gov't buying bad assets.

SENATURD CHUCK'the-schmuck'SCHUMER claiming credit with PREZ BARACH'incurably-dishonest'OBAMA for enslaving NY'ers with HIGHER TAXES for them and their chikdren's children all for the glory of CRAPPY COMMUNISM & MORONIC MARXISM!!! ADIOS AMERICA hello SOCIALISTA-ESTADOS-de-AMERIKA.

Are you sure your Not "HUGO MEGO" reborn?
You have so much in common...

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