One Guy's Opinion on the Political Scene By: Jim Herndon
As alarmist as this sounds, the Congressional Democrats are poised to destroy our market economy and change our way of life in America.
They finished the 1000 page-long $800 billion stimulus bill at 11pm Thursday night. With the adoring press cheerleading on the sideline, Obama and the Democrats are scaring the public and coercing the Congress into a quick vote on the abortion. Most of the signers will vote without having read the document, which is even more a dishonor to the American public than the bill itself. Of the 435 members of the House of Representatives, not a single Republican signed the monster, and only the two or three RINO Senators, Collins, Snow, and Spector (Republican in name only.) This bill will throw us into terrible inflation, destroy the value of the dollar, saddle our children with debt, and create an even more bloated government bureaucracy. Obama promised he would bring the two parties together and unite the country. With this bill and a couple of other misguided liberal actions, he has done exactly the opposite. As strange as it seems for a Democratic Republic, not a single Republicans was included in the resolution conference of the two houses, simpleton Nancy Pelosi boasted that they do not need Republicans. Naturally, Jughead blames Republican partisanship for the chasm between the parties. He is incapable of understanding that the Republicans are convinced the bill will not stimulate the economy but only delay recovery. They know from experience that the proper approach would be to cut taxes not throw billions at more welfare programs and increase government control of business. To quote Ann Coulter: “The $800 billion stimulus bill all Americans who work for a living or who plan to work for a living sometime in the next century are about to be stuck with a trillion-dollar bill to fund yet more oppressive government bureaucracies. Or as I call it, a trillion dollars and change.”
If government intervention really prevented recessions, there would be no recessions. There have been many recessions and a bad depression over the years precisely because the government bureaucrats had their clumsy hands on the economy with all the tinkering, price supports, price ceilings, tax on trade, and regulations...
