Okay...President Obama has made his case for his stimulus package. And the American economy is in desperate need of some serious help. We can all understand the urgency to do something, to fix a problem that threatens our children's future. Yes we desperately need to do something ... jump start our ailing economy with some adrenaline, invest in infrastructure and new technologies, get Americans back to work, etc. Unfortunately President Obama has made a major political error and I am not talking about Tom Daschle and his other picks... that debacle is a story for another time.
President Obama's huge blunder has been giving Nancy Pelsoi (Speaker of The House) and Harry Reid (Senate Majority Leader) to much free reign to draft a stimulus bill heavily laden with pork entitlements. Its grab bag time and the Democrats are in the middle of an orgasmic rush of epic proportions, after all, its not everyday that you get to spend hundreds of billions of taxpayers dollars on pet projects. According to Senator John Kerry, "This is not the moment to cut spending. This is the moment to prime the pump. This is the moment you've got to get money flowing into the system."
Obviously, writing checks with no money in the checking account doesn't present a problem to our elected officials. So what if we are spending ourselves into greater debt, and we are borrowing this money from future generations. Its foolish to expect Democrats and Republicans in Washington to understand that what President Jimmy Carter spoke about in his famous Malaise speech (give up our wasteful, consumer driven pax Americana ideology, and dependency on foreign oil) was sound advice that speaks to the heart of our current problems.
Like I've note in another blog, its Christmas time in Washington and the goodies are coming, we all get to sleep well tonight. And more importantly, the world gets to see America at its best -- while our economy melts-down we spend like the true gluttons we are....
President Obama's huge blunder has been giving Nancy Pelsoi (Speaker of The House) and Harry Reid (Senate Majority Leader) to much free reign to draft a stimulus bill heavily laden with pork entitlements. Its grab bag time and the Democrats are in the middle of an orgasmic rush of epic proportions, after all, its not everyday that you get to spend hundreds of billions of taxpayers dollars on pet projects. According to Senator John Kerry, "This is not the moment to cut spending. This is the moment to prime the pump. This is the moment you've got to get money flowing into the system."
Obviously, writing checks with no money in the checking account doesn't present a problem to our elected officials. So what if we are spending ourselves into greater debt, and we are borrowing this money from future generations. Its foolish to expect Democrats and Republicans in Washington to understand that what President Jimmy Carter spoke about in his famous Malaise speech (give up our wasteful, consumer driven pax Americana ideology, and dependency on foreign oil) was sound advice that speaks to the heart of our current problems.
Like I've note in another blog, its Christmas time in Washington and the goodies are coming, we all get to sleep well tonight. And more importantly, the world gets to see America at its best -- while our economy melts-down we spend like the true gluttons we are....
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