Home
Refresh   Tag(s): ; ; ; ; ; ; ; ;
Add to My Group
September 22, 2009 at 08:47:55

Must Read 1   Well Said 1   Valuable 1   View Ratings | Rate It

Promoted to Headline (H3) on 9/22/09:

Stimulate This.

submit to twitter
submit to reddit
submit to digg

Tell A Friend

By Judith Acosta (about the author)     Page 1 of 2 page(s)

opednews.com     Permalink

For OpEdNews: Judith Acosta - Writer

The Sorry State of Debt and Delusion

According to a report by NPR this past April 19, 2009, a stream of money was being released into the American economy as if into irrigation ditches. More than $787 billion in cash was supposed to flow out of Washington, D.C., and trickle its way toward communities and individuals hardest hit by the recession. They stated that out of that enormous sum, close to a third will be processed through state governments.

Has it happened? Has anyone been bailed out besides corporate CEO's? And if so, what have they proposed doing with the money?

I took a walk through some of the stimulus watchdogs on the internet. There are a lot of open hands. California was the leader with a package totaling $63.8 billion according to americanprogress.org's calculations. New York came in second at $41.29 billion, Texas, third, with $38.39 billion, and Florida fourth with approximately $30 billion.

I was curious about my own state—New Mexico. What did our leaders consider a priority? What did we need to consider for out future as well as for the immediate goal of putting people to work?

New Mexico, as an example, put its legislative hand out for $2,937,146,132.00. Like a little note to Santa, it attached to its wrist a tag detailing everything they wanted to do with the money.


What About Water?

In a state comprised of mainly desert, where water is already the source of heated debate, criss-crossed claims and very subtle politics between Texas, Utah, Colorado, Arizona and Nevada, you might imagine that a water conservation program might be listed in the number one spot. Or an energy plan that involved trapping the vast amount of wind power or solar power available in a place where winds and sunlight are nearly constant.

Here's what we got instead:

  • A proposal for an EventsCenter that will cost $418 million;
  • A plan for an $11 million rehabilitation of the infrastructure around the dedicated site to support it;
  • Plans for landscaping in the millions, repaving of roads that almost never get potholes (there's rarely any snow to speak of in winter, and never any ice to melt and re-freeze over time), and drainage improvements. There's even one plan to remove a neighborhood from the flood plain. (Can someone please explain to me why a developer was allowed to build a neighborhood in a flood plain to begin with?)

There was only one water conservation project and all the water projects (mostly storm drain improvements for all those other neighborhoods in the flood plains) combined will cost $71 million.

Not one school project in a state with a 50% drop out rate before 12th grade.

As Above, So Below: The Crisis of American Culture

To explore this on another level, I made an informal inquiry of people at different stores, acquaintances, neighbors. I asked them, “Without giving me any personal information, if the government gave you $2,000 right now, what would you do with it?”

85% said they would go on a little shopping spree and buy something extravagant (a lot of HDTV's and iPods). One woman said she'd go to the casino and see if she could triple it. Another person said he'd do some repairs to his house. Another one said he'd hire an attorney to get his kid back. Only one person said he'd pay down his debts.

My conclusion: As above, so below. And"perhaps more importantly, as below, so above. It's not the fault of politicians. It's ours.

Next Page  1  |  2

 

www.wordsaremedicine.com

J. Acosta is a writer and practicing clinical homeopath and psychotherapist. She is the co-author of The Worst Is Over, dubbed the bible of crisis communications. The sequel, presenting Verbal First Aid for children, is due out this year. She (more...)
 

The views expressed in this article are the sole responsibility of the author
and do not necessarily reflect those of this website or its editors.

Contact Author Contact Editor View Authors' Articles

Follow Me on Twitter

 

Book Recommendations for "Bailout"
Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy
by Barry Ritholtz

$24.95
Lowest New Price $14.13

Number of pages: 332
Publisher: Wiley

Bailout Riches!: How Everyday Investors Can Make a Fortune Buying Bad Loans for Pennies on the Dollar
by Bill Bartmann

$24.95
Lowest New Price $8.25

Number of pages: 240
Publisher: Wiley

Bailout: What the Rescue of Bear Stearns and the Credit Crisis Mean for Your Investments
by John Waggoner

$24.95
Lowest New Price $6.73

Number of pages: 196
Publisher: Wiley

Bailouts or Bail-Ins: Responding to Financial Crises in Emerging Markets
by Nouriel Roubini

$28.95
Lowest New Price $16.86

Number of pages: 427
Publisher: Peterson Institute

View All Book Recommendations

Share this page: (what's this?)                   Tell a Friend: Tell A Friend

FACEBOOK      DIGG THIS      Add This Page to Mr Wong!           NEWSVINE      DEl.ICIO.US      Looksmart Furl      NETSCAPE      My Web      Tag!RawSugar      Blink List     (More...)

Comments: Expand   Shrink   Hide  
9 comments
To view all comments:
Expand Comments
 

Tweet: Stimulate This.: http://bit.ly/3ZMb7G by Judith Acosta on Tuesday, Sep 22, 2009 at 9:05:39 AM
Everyone is to blame? by Don Smith on Tuesday, Sep 22, 2009 at 10:57:42 AM
Blame? by Judith Acosta on Tuesday, Sep 22, 2009 at 11:06:15 AM
It sometimes happens that a person by Robert Hoogenboom on Wednesday, Sep 23, 2009 at 8:48:40 AM
Civilizations Come and They Go by Jason Paz on Wednesday, Sep 23, 2009 at 2:28:35 AM
I have begun making lists... by FAITHCARR on Wednesday, Sep 23, 2009 at 8:37:43 AM
Check it thrice. by Judith Acosta on Wednesday, Sep 23, 2009 at 9:49:48 AM
Not the fault of politicians. It's ours. by Ralph Dratman on Thursday, Sep 24, 2009 at 9:11:06 AM
You're right... I left out by Judith Acosta on Thursday, Sep 24, 2009 at 9:53:23 AM

 
Want to post your own comment on this Article? Post Comment


 

 

 

Tell a Friend: Tell A Friend

Copyright © 2002-2009, OpEdNews

Powered by Populum