Obama Signs $26 Billion "Jobs" Bill for Public Union Workers

which in fact was a bill for the modernization of the FAA (H.R. 1586). Go figure.

Obama Signs Measure for $26 Billion in State Aid (8/10/2010 Bloomberg)

"President Barack Obama signed into law legislation providing $26 billion in aid to cash-strapped state governments amid fears the U.S. economy is stalling just months before this year’s midterm elections.

"The House, taking a one-day break from the campaign trail, returned to Washington today to approve the measure 247-161 before lawmakers adjourned once again for their August recess.

The bill, designed to prevent thousands of layoffs of teachers and other public service employees, cleared the Senate last week after a pair of Republicans joined Democrats in breaking a filibuster.

"“We can’t stand by and do nothing while pink slips are given to the men and women who educate our children or keep our communities safe,” Obama said earlier today in a White House Rose Garden appeal for passage." [The article continues.]

Hahahaha that's rich. He has no problem seeing nearly half a million Americans go unemployed every single week. For many non-ruling class people who have been unwillingly footing the bills for his government, pink slips to these public union employees aren't coming fast enough.

$26 billion, of which $16 billion will go to Medicaid help and $10 billion for education, is supposed to help save 150,000 jobs, according to Mark Zandi, chief economist at Moody's who avers, "Even with the $26 billion, they are going to be cutting into real bone".

Hahahahaha that's even richer. $26 billion divided by 150,000, that is $173,333 per "saved" public union job.

This is nothing but recycling the campaign donation. Dems want to distribute this money to their core supporters (public unions) so that these supporters will donate to the Dems campaigns.

Obama defends that it won't add to the deficit. Uh huh. This $26 billion is to be funded by cutting the funding for a renewable energy loan program and ditching $12 billion worth of food stamps, and taxing multinational corporations to the tune of $10 billion. Further burdening the businesses in an economy threatening to go "double-dip" and taking away from people who are struggling so that the public union employees get to keep the jobs and benefits (and in gratitude they will vote Democratic come November). Make sense, doesn't it?

In case you aren't aware, the federal help for public union workers like teachers, firefighters, and police have been scattered all over the bills that this Congress have passed. Tens of billions here, another tens of billions there.

Tweet