Audit the Fed? NO- Empower The Fed
Remember the push for Audit the Fed and how we got the number of sponsors needed to proceed. That seems like a distant memory now, as Dodd’s reform bill will actually exponentially empower the Fed.
From Campaign For Liberty today:
Despite all the limited government rhetoric you’re hearing from the Republican Party these days, it appears that Senate Republican leaders, including Richard Shelby, are more than ready and willing to work with Chris Dodd to empower the Fed, add more layers of federal bureaucracy to our economy, and set the stage for future crises.
According to Talking Points Memo, Shelby has stated, “We’re very close to a deal and there will be a substantial number of Republicans that go along with it.”
The White House is doing everything it can in the media to cram yet another powergrab down the American people’s throats. A vote could come at any time, so it’s crucial that liberty activists make their voices heard immediately.
Chris Dodd’s legislation, which should be called the “Fed Empowerment Act,” ignores the true cause of the recent financial downturn: interference in our economy and manipulation of our currency by Congress, the Treasury, and the Federal Reserve.
For all the talk of “change” in D.C., our elected officials are following the same tired old script: if the federal government created the problem, the only solution must be to give it even more power.
Now Senate leaders want to create a new Consumer Financial Protection Bureau, which will be housed in and funded by the Fed.
And the Dodd bill would create a “Financial Stability Oversight Council” that would have the ability to require nonbank financial companies to be under the Federal Reserve’s supervision based not on their current status, but on what effect they may potentially have on the economy!
Who knows how many businesses will soon be targeted and broken up, under the guise of “reform,” solely for standing up to the federal government.
Recently, Washington Examiner journalist Tim Carney has done some terrific work exposing the corporatism behind the White House’s rhetoric.
To see how Obama’s “reform” plan will actually benefit the big banks and Wall Street firms, especially Goldman Sachs, at the expense of smaller companies and the rest of us, read:
Chris Dodd’s legislation, which should be called the “Fed Empowerment Act,” ignores the true cause of the recent financial downturn: interference in our economy and manipulation of our currency by Congress, the Treasury, and the Federal Reserve.
Timothy P. Carney: Goldman rallies for Obama in Wall Street ‘reform’
By: Timothy P. Carney
Examiner Columnist
April 16, 2010
THE ROLE OF INVESTMENT BANKS
April 27, 2010Fabulous Fab is more frightening than you think
By Lucy Kellaway FT.com (UK)
Published: May 3 2010 03:00 | Last updated: May 3 2010 03:00
Background on Goldman Sachs
Today and for several days now, Goldman Sachs has been in the headlines.
Therefore, I felt it important to flag previous columns I have done on them, including how they helped to write the upcoming Cap and Trade bill, a large percentage of which has to do with the nation’s economy and not carbon emissions. Yes, another swindle is in process- just another in a decades long manipulation.
From two postings, the later of which can be found at:
https://soldierforliberty.wordpress.com/2009/10/02/a-history-lesson-on-goldman-sachs-one-of-the-main-players-in-cap-and-trade-legislation/
Matt Taibbi on how Goldman Sachs has engineered every major market manipulation since the Great Depression
The Bubble Machine (video) from Brasscheck TV and Matt Taibbi at Rollingstone
http://www.brasschecktv.com/page/674.html
Watch all five short videos!
“The Financial Services Modernization Act.’
“The Commodity Futures Modernization Act.”
Goldman Sachs wrote them…
Clinton teed them up and Bush & Co. knocked them down the fairway.
Now Goldman owns the new president too.
The bankrupting of America (and the world) on the behalf of a handful of New York investment bankers.
Kleptocracy – government of the thieves, by the thieves, for the thieves.
Now read the article: http://www.rollingstone.com/politics/story/28816321/the_great_american_bubble_machine
Matt Taibbi on how Goldman Sachs has engineered every major market manipulation since the Great Depression
So- first they took your 401K (internet bubble), then they took your house (real estate bubble) and assaulted your 401K again, raised the interest rates on your charge cards to 20%+. For those of us still hanging on – here comes Cap and Trade. Another bill engineered by Goldman Sachs, with a little help from their friends.
Earlier I gave you the facts behind the fallacious science being used to co-opt our government and doom our family budgets: http://wp.me/pxG9Z-ak
Let me push the envelope further by rerunning some background data. Goldman Sachs has an untold number of “operatives” in our government, put there by both Presidents Bush and Obama, as well as their predecessors. Goldman Sachs and GE (owners of the NBC family of networks), along with Al Gore’s company will be the benefactors financially of the Carbon Credit market. The government will benefit also by a vast increase in taxes paid by businesses and in turn consumers. Here we will highlight the history behind the government connection with Goldman Sachs. It’s important you know these facts and use them to inform your representatives in the House and Senate that you know the real deal and you do not approve. I will leave this up all weekend, as the video takes 20 minutes to go through. As well, there is an accompanying article from Matt Taibbi, who is the interviewee in these videos. This is WELL worth your twenty minute investment.
“The Financial Services Modernization Act.’ http://www.opencongress.org/bill/111-h1479/show
“The Commodity Futures Modernization Act.”
Goldman Sachs wrote them…
Clinton teed them up and Bush & Co. knocked them down the fairway.
Now Goldman owns our president too.
The bankrupting of America (and the world) on the behalf of a handful of New York investment bankers.
Kleptocracy – government of the thieves, by the thieves, for the thieves.
Follow up regarding the Cap and Trade Bill, Goldman Sachs, and the fact Goldman Sachs was the number one private donor to President Obama’s campaign at just under one million dollars.
https://soldierforliberty.wordpress.com/2009/11/28/why-not-only-cap-and-trade-will-fail-but-the-leftist-green-agenda-will-too/
Read Full Post | Make a Comment ( 2 so far )The Greatest Scam In The History of Earth
Control: The House and Senate climate bills contain a provision giving the president extraordinary powers in the event of a “climate emergency.” As chief of staff Rahm Emanuel says, a crisis is a terrible thing to waste.
If you thought the House health care bill that nobody read has hidden passages that threaten our freedoms and liberty, take a peak at the “trigger” placed in the byzantine innards of both the House-passed Waxman-Markey bill and the Kerry-Boxer bill just passed by Democrats out of Sen. Barbara Boxer’s Environment and Public Works Committee.
As Nick Loris of the Heritage Foundation points out, the Kerry-Boxer bill requires the declaration of a “climate emergency” if the concentration of carbon dioxide and other declared greenhouse gases in the atmosphere exceeds 450 parts per million (ppm). It was at about 286 ppm before the Industrial Revolution and now sits at around 368 ppm.
That figure was picked out of a hat because the warm-mongers believe that’s the level at which the polar ice caps will disappear, boats can be moored on the Statue of Liberty’s torch and dead polar bears will wash up on the beaches of Malibu.
The Senate version includes a section that gives the president authority, under this declared “climate emergency,” to “direct all Federal agencies to use existing statutory authority to take appropriate actions … to address shortfalls” in achieving greenhouse gas (GHG) reductions.
What the “appropriate actions” might be are not defined and presumably left up to the discretion of the White House. Could the burning of coal be suspended or recreational driving be banned? Sen. David Vitter, R-La., asked the EPA for a definition and received no response.
Competitive Enterprise Institute scholar Chris Horner says “this agenda transparently is not about GHG concentrations, or the climate. It’s about what the provision would bring: almost limitless power over private economic activity and individual liberty for the activist president and, for the reluctant leader, litigious greens and courts” packed by liberal Democrat appointees.
“Environmental groups have been working to deny grazing rights to America’s ranchers for decades. They do so by claiming violations of environmental policy, suing federal environmental agencies and ultimately, tying up ranchers’ time and resources in costly, and often baseless, court battles,” said Jeff Faulkner, Western Legacy Alliance (WLA) member. “What makes this situation worse is the fact that these environmental groups such as Western Watersheds Project and the Center for Biological Diversity are shaking down federal government programs so they can access taxpayer dollars to fund their radical agendas.”
Two of the federal programs that are seemingly handing out millions, and possibly billions, to environmental groups are the EAJA and the Judgment Fund.
The EAJA was established approximately 30 years ago by Congress to ensure that individuals, small businesses and/or public interest groups with limited financial capacity could seek judicial redress from unreasonable government actions that threatened their rights, privileges or interests.
According the U.S. Department of the Treasury website, the Judgment Fund, which was created in the 1960’s, “…is available for most court judgments and Justice Department compromise settlements of actual or imminent lawsuits against the government. Congress has added a number of administrative claim awards (settlements by agencies at the administrative level, without a lawsuit). The Judgment Fund has no fiscal year limitations, and there is no need for Congress to appropriate funds to it annually or otherwise. Moreover, disbursements from it are not attributed to or accounted for by the agencies whose activities give rise to awards paid. Absent a specific statutory requirement, the agency responsible is not required to reimburse the Judgment Fund.”
Since 2003, the Judgment Fund has paid out $4.7 billion in judgments, including the reimbursement of attorney’s fees. It appears environmental groups have accessed millions of taxpayer dollars from this fund; however, the Web site reporting these payments does not indicate to whom the payments were made or for what purpose. Additional investigation reveals that the same environmental groups benefiting from EAJA payments are accessing the Judgment Fund to millions of dollars each year.
An article at Fox News about the open letter noted:
American taxpayers are being forced to fund thousands of lawsuits filed against the federal government by environmental organizations — with their lawyers clocking thousands of hours and charging fees of up to $650 an hour.
The U.S. government hands out millions of dollars each year to various environmental organizations to help protect fish, wildlife and other aspects of the environment. And every year, those same groups spend millions suing the government over everything from forest policy and carbon emissions to water quality and wolf habitats.
Who paid the attorneys fees? The American taxpayers did.
In the lucrative world of environmental law, the biggest defendant is the federal government, and taxpayers foot the bill. The nation’s ten largest environmental groups have sued the government more than 3,000 times in a nine-year period, according to legal fund the Western Legacy Alliance, an Idaho-based legal fund that defends ranchers and farmers.
Now, the growing number of cases is beginning to attract the attention of some lawmakers in Congress.
Rep. Cynthia Lummis, R-Wyo., has written to the Department of Justice asking for an investigation, pointing out that much of the money being paid comes out of the Equal Access to Justice Act fund, which Congress set up for the indigent and public interest groups to recover legal fees.
Right now, the government does not account for how much is paid out to whom or for what reason.
“These are taxpayer dollars that are being used by the federal government to compensate people who have sued the federal government. I believe that taxpayers have the right to know who those people are and how much they’ve been paid,” Lummis told Fox News.
They should not expect any help from the current Administration, however.
Bloomberg noted: Billionaire George Soros, looking to address the “political problem” of climate change, said he will invest $1 billion in clean-energy technology and donate $100 million to an environmental advisory group to aid policymakers. [He] announced the investment in Copenhagen on Oct. 10 at a meeting on climate change sponsored by Project Syndicate. The group is an international association made up of 430 newspapers from 150 countries.
…Soros’s announcement comes two months before 190 nations will gather in the Danish capital for a final round of negotiations on a new climate treaty that includes provisions to finance clean- energy projects in developing nations. Talks last week in Bangkok were marked by a dispute between richer and poorer nations over whether to renew or abandon the Kyoto Protocol, the only existing global agreement to reduce carbon dioxide, which is blamed for global warming.
Soros, 79, also will establish the Climate Policy Initiative, a San Francisco-based organization to which he will donate $10 million a year for 10 years.
Extreme left journalist George Monbiot ignored all the facts I provided when he was pointing a finger at me. He’s ignoring them again, which forces him to assume the deniers are at fault. He wrote, “There is no point in denying it: we’re losing. Climate change denial is spreading like a contagious disease. It exists in a sphere that cannot be reached by evidence or reasoned argument; any attempt to draw attention to scientific findings is greeted with furious invective. This sphere is expanding with astonishing speed.”
The sphere is expanding for several reasons.
- All evidence rejects the hypothesis that human CO2 is causing warming or climate change.
- Facts are gradually getting to the public despite obstructionism by journalists like Monbiot.
- Temperature projections of the Intergovernmental Panel on Climate Change (IPCC) are consistently wrong.
- Record cold temperatures are occurring everywhere.
- Motives of those pushing the need for reduction in CO2 are being exposed.
- Economic costs of a completely unnecessary action are emerging.
Britain’s Climate Research Unit, University of East Anglia, suffered a data breach in recent days when a hacker apparently broke into their system and made away with thousands of emails and documents. The stolen data was then posted to a Russian server and has quickly made the rounds among climate skeptics. The documents within the archive, if proven to be authentic, would at best be embarrassing for many prominent climate researchers and at worst, damning.
The electronic break in itself has been verified by the director of the research unit, Professor Phil Jones. He told Britain’s Investigate magazine’s TGIF Edition “It was a hacker. We were aware of this about three or four days ago that someone had hacked into our system and taken and copied loads of data files and emails.”
The paper goes on to discuss, at length the individual emails, and if you have not yet seen them, I urge to to follow the link.
In Australia, where the story first broke, the Herald Sun noted:
…So the 1079 emails and 72 documents seem indeed evidence of a scandal involving most of the most prominent scientists pushing the man-made warming theory – a scandal that is one of the greatest in modern science. I’ve been adding some of the most astonishing in updates below – emails suggesting conspiracy, collusion in exaggerating warming data, possibly illegal destruction of embarrassing information, organized resistance to disclosure, manipulation of data, private admissions of flaws in their public claims and much more. If it is as it now seems, never again will “peer review” be used to shout down skeptics.
This is clearly not the work of some hacker, but of an insider who’s now blown the whistle.
Not surprising, then, that Steve McIntyre reports:
Earlier today, CRU cancelled all existing passwords. Actions speaking loudly.
Hackers have broken into the data base of the University of East Anglia’s Climatic Research Unit – one of the world’s leading alarmist centers – and put the files they stole on the Internet, on the grounds that the science is too important to be kept under wraps.
The ethics of this are dubious. But the files suggest, on a very preliminary glance, some other very dubious practices, too, and a lot of collusion – sometimes called “peer review”. Or even conspiracy.
“The files contain so much material that it is going to take some time t o put it all in context,” says Ball. “However, enough is already known to underscore their explosive nature. It is already clear the entire claims and positions of the Intergovernmental Panel on Climate Change (IPCC) are based on falsified manipulated material and is therefore completely compromised.
“The fallout will be extensive as material continues to emerge. Reputations of the scientists involved are already destroyed, however fringe players will continue to be identified and their reputations destroyed or sullied.”
While the mainstream media is bending into pretzels to keep the scandal under the rug, Climategate is already the biggest scientific scandal in history because of the global policy implications.
A History Lesson on Goldman Sachs – one of the main players in Cap and Trade Legislation
“The Commodity Futures Modernization Act.”
Goldman Sachs wrote them…
Clinton teed them up and Bush & Co. knocked them down the fairway.
Now Goldman owns our president too.
The bankrupting of America (and the world) on the behalf of a handful of New York investment bankers.
Kleptocracy – government of the thieves, by the thieves, for the thieves.
So- first they took your 401K (internet bubble), then they took your house (real estate bubble) and assaulted your 401K again, raised the interest rates on your charge cards to 20%+. For those of us still hanging on – here comes Cap and Trade. Another bill engineered by Goldman Sachs, with a little help from their friends. The article above will give you the details.
Now read the article: http://tinyurl.com/lys3m3
Matt Taibbi on how Goldman Sachs has engineered every major market manipulation since the Great Depression
By American Solutions | 10/02/09
President Obama’s energy “czar” Carol Browner hinted today that the EPA might implement a cap and trade plan for carbon dioxide emissions even if that type of plan fails in the Senate
Browner said in an interview today, “We also have the reality of EPA, under current law, moving forward…to start the traditional regulatory clock,” another less-than-disguised attempt to threaten Congress into passing some form of carbon criminalization bill such as the Waxman-Markey bill or the Senate version of the energy tax. This also comes in the wake of EPA’s decision to forego what it knows is best (legislation) by issuing rules for regulating carbon dioxide
Even more interesting is that the energy czar is actually encouraging well-connected groups and businesses to engage in lobbying. Browner said the credible threat of EPA regulating carbon would “obviously encourage the business community to raise their voices in Congress” in support of the energy tax.
In other words, the government is moving full speed ahead with a plan, regardless of whether our own elected leaders support it. And in the process, they’re hoping that businesses will spend millions of dollars in lobbying to support a devastating measure like the Boxer-Kerry energy tax.
News for 07/20/2009- Obamanation of Tax Dollars, Gun Laws, Goldman Sachs and CFR
Ohio Company Recieves $1,562,568 Stimulus For Mozzerella Cheese at Recovery.gov
http://www.recovery.g…
See it yourself folks. Your tax money hard at work.
Or How About Replacing A Dumbwaiter for $351,807?
http://www.recovery.g…
Or How about $1,192,000 for a 2lb frozen sliced ham?
http://www.recovery.g…
Or How about $2,531,600 for a 2lb Ham, water added?
http://www.recovery.g…
White House putting off release of budget update by Tom Raum at MyWay
http://apnews.myway.c…
WASHINGTON (AP) – The White House is being forced to acknowledge the wide gap between its once-upbeat predictions about the economy and today’s bleak landscape. The administration’s annual midsummer budget update is sure to show higher deficits and unemployment and slower growth than projected in President Barack Obama’s budget in February and update in May, and that could complicate his efforts to get his signature health care and global-warming proposals through Congress. The release of the update – usually scheduled for mid-July – has been put off until the middle of next month, giving rise to speculation the White House is delaying the bad news at least until Congress leaves town on its August 7 summer recess.
ATF says New States Protective Gun Laws are Illegal by Liberty News Radio/Dprogram
http://libertynewsrad…
Last month, the state of Tennessee’s General Assembly passed House Bill 1796, the “Tennessee Firearms Freedom Act,” which states that any firearms or ammunition manufactured within the state and legally owned and kept within the state by citizens are “not subject to federal law or federal regulation, including registration” due to provisions in the Second, Ninth, and Tenth Amendments to the United States Constitution. But according to Assistant Director Carson W. Carroll of the Bureau of Alcohol, Tobacco, Firearms, and Explosives, the U.S. Constitution is little more than a g.d. piece of paper, as George W. Bush so infamously deemed it during his reign as the decider-in-chief. On July 16, Carroll dispatched his agency’s official response to the law passed in Tennessee — the BATFE asserts that “Federal law supersedes the Act, and all provisions of the Gun Control Act and the National Firearms Act, and their corresponding regulations, continue to apply.”
A Worse Economy Is The New Normal by Bob Chapman at Liberty News Radio
http://libertynewsrad…
Goldman Sachs raking in massive profits, growth in high-frequency trading, bogus CPI figures, subprimes still being sold off, the need for financial policy reform cannot be overstated, PIMCO Paul McCulley has ideas for the economy, clamor for another stimulus package, zero hedge is a bad recommendation. Due to the fact that Goldman Sachs is currently the favorite of Washington they are raking in massive profits during a time when most banks and brokerage firms are struggling for survival. We find this of great interest inasmuch as the recently converted bank received a $10 billion taxpayer bailout via Goldman’s connections in Washington. They also received a myriad of benefits from several other government schemes over the past two years. It is nice to know that in part American taxpayers made this possible while unemployment is running on a U6 basis at 20.5%, and Americans are losing their homes by the millions. Pay surged 75% in the second quarter and compensation and benefits costs were $6.65 billion, up 37% from the equivalent quarter in 2008.
Hillary Clinton admits that the Council on Foreign Relations (CFR) runs the Government from Global Research/Liberty News Radio
As with a recent blog I did about a Rothschild puppet blatantly promoting a One World Government solution to our “man-made” global warming “crisis,” now Secretary of State (and CFR member) Clinton admits in her latest address to the Council on Foreign Relations what Carroll Quigley wrote about in Tragedy and Hope (Chapter 65), Dan Smoot wrote about in The Invisible Government, and Gary Allen wrote about in None Dare Call It Conspiracy: See Video Here
http://libertynewsrad…
“..it’s good to have an outpost of the Council right here down the street from the State Department. We get a lot of advice from the Council, so this will mean I won’t have as far to go to be told what we should be doing and how we should think about the future.”
News for 07/09/2009
“We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution.” Abraham Lincoln
Promise Appears Broken – Tax Hikes For All
http://www.atr.org/ta…
David Boaz from the Cato Institute has written up a great summary of all the tax hikes proposed by President Obama and his Administration.
They include:
Raise the top income tax rates from their current 33 percent and 35 percent rates to 36 percent and 39.6 percent in 2011
Limit itemized deductions for people paying high rates
Increase capital gains and dividend taxes by 33 percent for people paying high income tax rates
Impose a value-added tax (VAT) on all goods and services
Raise the Social Security tax by lifting the cap
Raise a variety of business taxes by $353 billion over 10 years, including repeal of LIFO rules, restoring Superfund taxes, seven tax increases on energy companies, and more
Tax employer-provided health benefits
Implement a cap-and-trade system for emissions permits, the functional equivalent of a massive new tax
Tax drivers on their mileage
Change rules to raise gift taxes
Restore the estate tax at 45 percent
Raise cigarette tax by 62 cents a pack
Raise taxes on beer, wine, liquor, and soda
Eliminate health savings accounts and flexible savings accounts
Tax employer-provided cellphones
Tax AIG employee bonuses
Raise taxes on overseas corporate earnings
See full article at http://www.cato-at-li…
Number of Czars On Rise Again
http://www.google.com…
Because nearly double of all the Russian Czars ever is not enough. This one to oversee healthcare insurance in US.
ACORN TIMELINE by Washington Examiner
http://www.washington…
Your Acorn Primer – very imformative
Labeling That Makes Sense from Cato Institute
http://www.cato-at-li…
…To wit, every product whose ingredients benefit from a subsidy should include the following language on the label: “This product has been subsidized by the U.S. government at taxpayer expense. For more information, please visit usda.gov.” And every product that benefits from tariff protection should have the following language on the label: “This product is protected from foreign competition by U.S. import tariffs. Its price is higher as a result. For more information, please visit usitc.gov.”…..
Union Leaders to Meet With Obama Next Week By Steven Greenhouse
http://thecaucus.blog…
A dozen union presidents will meet with President Obama in the White House next Monday to discuss health-care legislation as well as a bill that would make it easier to unionize, labor leaders and administration officials said on Tuesday. Labor leaders said they hoped to talk with the president about the status of health-care legislation and what the nation’s labor unions can do to advance the administration’s efforts to assure passage of such legislation, including the enactment of a public option in which a government-run health insurance entity would compete with private insurers. Union leaders also said they wanted to reiterate their opposition to enacting a tax on employee-provided health benefits to help finance health-care reform. Such a move that would hurt union members disproportionately because so many receive health benefits from their employers. One top A.F.L.-C.I.O. official said the labor leaders also wanted to voice their hopes about enacting the Employee Free Choice Act, which would make it far easier for workers to unionize (card check). …. For more on this legislation visit: http://shotsonthehous…
The Cost of Global Warming Greed By Daniel Greenfield at Canada Free Press
http://canadafreepres…
Cap and Trade has outsourced Federal taxation to Wall Street, just in time for Wall Street to be Federalized. The result is an abomination that’s two parts capitalist, three parts socialist, and rabidly greedy. By banking on a phony crisis, the environmental lobby and the Obama administration have transformed taxation into a commodities market. The resulting alliance makes it hard to tell apart the private sector from the government, not that there’s any point in even trying, because in the final result it’s the big promoters of a phony crisis, such as Al Gore, that will profit, and the rest of us who will lose out.
Commodity Futures Trading Commission, sole regulator of the carbon market created by cap-and-trade legislation
Goldman Sachs to be carbon regulator? By Steve Milloy
http://canadafreepres…
Sens. Dianne Feinstein (D-CA) and Olympia Snow (RINO-ME) have introduced a bill to make the Commodity Futures Trading Commission the sole regulator of the carbon market created by cap-and-trade legislation. So does this mean that freebooting Goldman Sachs could be the de facto regulator of the carbon market? Consider…. (see article linked above) (Ed note- Goldman Sachs has rooted itself into every single facet of our government- Henry Paulsen, of the first bailout fame, used to head Goldman Sacs, for example)
In health bill, billions for parks, paths-Supporters cite prevention, but add-ons’ critics see pork By Michael Kranish
http://www.boston.com…
Sweeping healthcare legislation working its way through Congress is more than an effort to provide insurance to millions of Americans without coverage. Tucked within is a provision that could provide billions of dollars for walking paths, streetlights, jungle gyms, and even farmers’ markets. The add-ons – characterized as part of a broad effort to improve the nation’s health “infrastructure’’ – appear in House and Senate versions of the bill. Critics argue the provision is a thinly disguised effort to insert pork-barrel spending into a bill that has been widely portrayed to the public as dealing with expanding health coverage and cutting medical costs. A leading critic, Senator Mike Enzi, a Wyoming Republican, ridicules the local projects, asking: “How can Democrats justify the wasteful spending in this bill?’’