Posted by
hatfieldmccoy on Monday, February 09, 2009 8:51:35 PM
Congress has determined they, yet again, want to test the “when in
a deep hole quit digging” theory.
Having
passed an irresponsible, pork bloated, badly crafted, ineffective so called
“bailout bill” in the fall, Congress and the new administration has predictably
followed up with breathtakingly irresponsible, massively pork bloated,
remarkably badly crafted, guaranteed ineffective, so called “stimulus bill”
The advocates of this bill should be
embarrassed. But it is clear from the passage and failure of "bailout" bill
followed up by this Christmas tree, that’s not the going to be the
case.
If
Congress is really interested in making significant positive differences in the
economy, with far ranging short and long term benefits including job
creation, equities recovery, new business development and increased private
sector investment then they will pass major capital gains, business and income
tax cuts next week. This the solution for a free nation. However, it is
clear that a socialist, government central planning solution is currently
favored by the President and too many in the House and Senate.
This
path breaks my heart and will likely break this great country.
I fear
this is the intent.