Bailout-apalooza: It's Time To Say No

Amanda Carpenter lists just some of the many spending items contained in the Democrats $825 Billion so-called "stimulus" package. As you might expect, it reads like bad economics and bad government - full of the usual trappings of the large welfare state.

Ticking off liberal spending desires as the Democrats are doing will do nothing to add long range value to our economy. And whether the monies come from current taxes, or future ones through borrowing, all it achieves is a transfer of wealth, while adding in the usual inefficient government administrative overhead. It's a wash, or a loss to the economy in the end.

Given a focus on certain "green" items - weatherizing and such, I wonder how many of the Democrats friends and families will be opening shop to cash in on this latest looting of the American treasury? No doubt Obama's slum lord friends and colleagues will see their tenements improved on our dime.

It's time to start fighting back against this waste of America's time and treasure and start opposing the bailout-apalooza that's been going on in DC for too long now as it is.

Comments

[Fred Beloit]

$800 bill will by a lot of carbon credits. At The Corner are 10 good questions concerning the "stimulus" package. Number one:

"1) President-elect Obama claims that spending approximately $800 billion will create 3.675 million new jobs. That comes to $217,000 per job. This doesn't sound like a very good value, especially with the national average salary around $40,000. Wouldn't it be cheaper to just mail each of these workers a $40,000 check?"

Perhaps this can't be done because the 3.625 million workers have not yet snuck into the country.
http://corner.nationalreview.com/post/?q=ZWMwMWI4YWUzYmU0MTYzNWE1ODNlNjU1ODk1NDI4OTc=

[templar knight]

Boys and girls, if you have any sense or extra money, you had better be aggressively buying gold and silver. Or buying land in a rural part of a red state. Before it's too late.

[seekeronos]

"--- Boys and girls, if you have any sense or extra money, you had better be aggressively buying gold and silver. Or buying land in a rural part of a red state. Before it's too late. ---"

Add to the list: storable (dried) food, water purification filters/devices/tablets, first aid kits, and plenty of ammo for man-stopper weapons, a good 12-ga. for the short range, and a decent magazine-fed rifle for longer ranges (30.06 and .308 remain my fave choices -- double as a hunting weapon too)

And I'm leaning heavily toward investing in overseas markets, particularly Asia, as they can only go up in value relative to the US Dollar.

Red China and Japan, and to a lesser degree, India going to be in the catbird seat as America self-destructs.

I am very pessimistic about this nation surviving intact as a Republic over the next several years

[Lala]

First Ten Senate Bills: Number 9 is Immigration Reform

From Frank Sharry of America's Voice:

First Ten Senate Bills: Immigration Reform is Number 9

http://lawprofessors.typepad.com/immigration/2009/01/first-ten-senat.html