"The nine most terrifying words in the English language are: 'I'm from the government and I'm here to help.'"
- Ronald Reagan
Couldn't have found a more appropriate quote for the situation our Congress has us into right now. After scaring the living hell out of us for a year to get themselves in the White House (Bush didnt exactly help), the Dems are now leveraging the countries financial worries to pass the most ridiculous, wasteful legislation this country has ever seen.
Like President Obama's chief of staff, Rahm Emanuel said "You never want a serious crisis to go to waste". No worries here, they are taking full advantage to bundle all of their wasteful projects into the stimulus bill and making the country believe we have no other choice, less we watch our country fall apart.
An excerpt from John Kerry's speech the other day.
"A tax cut is non-targeted. If you put a tax cut into the hands of either a business of an individual today, there is no guarantee they're gonna invest their money. There's no guarantee they're gonna invest their money in the United States. They're free to go to invest anywhere that they want, if they choose to invest... The fact is, none of those people are guaranteed to invest that money in any of the new projects that we are... So government, yes government, has the ability to make a decision that the private sector won't necessarily make today."
In other words, we simpletons wouldn't know what to do with our own money and luckily we have the government to spend it for us! What a blue blood jackass.
What's the answer? A painful, but quick cleaning of the weak banks and companies that sold their future. The strong will remain and we will all come out ahead. Subsidizing companies that acted like fools will only extend the problem and delay our road to a real recovery.
Oh yea, I've been playing with my kids and riding my bike some lately. More on that next post.
1 comments:
I may be going to hell in a hand basket; but at least I am enjoying the ride. And when our kids are older, at least the infrastructure of this great country will be sound. Maybe strong enough that they can build upon.
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