Wednesday, January 28, 2009

Another $819 Billion - Down the Drain!

The House voted today to pass the Pork-laden "Stimulus Bill" today...

One glimmer of hope was that not one Republican voted "yea" for this absurd dollar-destroying, pseudo-New Deal gambit that B. Hussein Obama seems wholly enamoured of now that "he won" (his quote to Senate Republicans upon their first meeting last week).

I, for one, applaud this negative response to a program that will (coupled with the TARP bailout bill) be the defining point of the decline of the USA once examined in retrospect.

This post from CNN (of all stilted networks) tells the story of brave Republicans who were able to resist the allure of this Smiling Saint of the Disaffected, President Barry "Oh No!" Obama:

http://money.cnn.com/2009/01/28/news/economy/house_vote_wednesday/index.htm?postversion=2009012818

One of the guys I'm keeping an eye on for 2012 (assuming no impeachment) is House Minority Leader John Boehner (R-Ohio). This guy has it all right in his quote below:

"The underlying bill, while it has some good provisions, has a lot of wasteful provisions and slow-moving spending in it," said House Minority Leader John Boehner, R-Ohio. "We have to act -- we have to heal the ailing economy. The question is how to do it best; we think that fast-acting tax relief is the way to get it done."

Think about it, friends, what would the marketplace be for the promised increased supply of goods and services capacity that the "Stimulus Package" promises if there is no market for said goods and services? You cannot create a demand side for this production if it doesn't exist in the world marketplace, can you? No, I don't think so...

So, in the end, this package and the now Trillions of US Taxpayer Dollars that Congress and the new President seem to revel in spending will only really serve to undermine our US Currency and overall stability in the future.

Sad days indeed... But at least give a shout out to your Republican representatives who today showed unity and foresight (for a change)!

Best,

Mike

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