“Crisis Of Epic Proportions”…Not So Bad After All

Well, now that Obama has rammed through all of the big government programs he can get away with at the moment, the  financial catastrophe that he warned was on the horizon if his bills weren’t passed, has been downgraded to: “not as bad as we think thought”.

Phew…we really dodged a bullet, didn’t we?

And look who made out like a bandit in all this spending?

ADDITIONAL ACORN-ELIGIBLE BLOCK GRANTS

DIP: $1 Billion in Stimulus: “For an additional amount for `Community Development Fund’ $1,000,000,000, to remain available until September 30, 2010 to carry out the community development block grant program under title I of the Housing and Community Development Act of 1974 (42 U.S.C. 5301 et seq.)” (H.R.1, Enrolled As Agreed To By Both House And Senate)

RE-DIP: $3.9 Billion in Omnibus: “The bill provides $3,900,000,000 for the Community Development Fund…” (“Division I – Transportation, Housing And Urban Development, And Related Agencies Appropriations Act, 2009; Joint Explanatory Statement” Rules Committee, U.S. House Of Representatives, Pg. 106)

To see more double dippers, go here.

Hat tip: The Anchoress

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