Archive for February, 2009
Biggest Spending Package in the History of the World
Image via Wikipedia Congress took the Stimulus package behind closed doors to prepare the final version. They’ve set it for a vote today.What happened to the promise of “transparency?” Why aren’t we allowed to see what is in this revised package? Congress is expected to do a blind vote today. “Don’t read it, just vote [...]
Read Full Post | Make a Comment ( 5 so far )Most Economists Agree – The Stimulus is a Bad Idea
From Obama’s speech last night – Most economists almost unanimously recognize that, even if philosophically you’re — you’re wary of government intervening in the economy, when you have the kind of problem we have right now — what started on Wall Street, goes to Main Street, suddenly businesses can’t get credit, they start paring back [...]
Read Full Post | Make a Comment ( 5 so far )Stimulus Plan Kills Older People
Ok, so that’s a scare title. But not by much.Buried deep in the so-called Stimulus Plan are new government-mandated health-care restrictions. Here are some snippets – The bill’s health rules will affect “every individual in the United States” (445, 454, 479). Your medical treatments will be tracked electronically by a federal system. One new bureaucracy, [...]
Read Full Post | Make a Comment ( 1 so far )Hope and Fear
Inauguration Day: “On this day, we gather because we have chosen hope over fear, unity of purpose over conflict and discord.” Today: “This recession might linger for years. Our economy will lose 5 million more jobs. Unemployment will approach double digits . Our nation will sink deeper into a crisis that, at some point, we [...]
Read Full Post | Make a Comment ( 2 so far )Rejecting the Arrogance
In this morning’s Washington Post, Obama wrote that the Stimulus Package (which is horrendously misleading as there is far more liberal pet socialist programs than stimulus in the package) must be passed immediately or puppies will die. No time to read it, just sign it. But then he includes this phrase – “I reject these [...]
Read Full Post | Make a Comment ( 5 so far )"Stimulus" Bill Now Tops $900 Billion
Congress is sapping any possibility of US productivity for generations to come. Only a fraction of this so-called “stimulus” bill actually stimulates the economy. The vast majority of it is increased government oversight and additional government programs. By taking such a whopping amount from the American people, the US government is stifling productivity of the [...]
Read Full Post | Make a Comment ( None so far )Walking Together
Image via Wikipedia Let’s talk football. Today’s the big day, Superbowl 43, Pittsburgh Steelers versus Arizona Cardinals. Pittsburgh is going for their 6th Championship ring, and they are a football dynasty. Arizona Cardinals last won an NFL title in 1947 and hold the record for the longest drought without a title.There are great reasons to [...]
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