Posted by: rotenochsen | January 25, 2009

STIMULUS PACKAGE IS NOTHING BUT A TAX PIG IN A POLK!

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Jan. 25th, 2009 | 11:29 am

Sunday, January 25, 2009
THE STIMILUS PACKAGE IS NOTHING BUT MORE PORK AND WELFARE

Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” —Ronald Reagan

AMID ALL THE RHETORIC OF PRESIDENT OBAMA AND HIS OBAMAPHILES. There is a certain dishonesty being perpetrated on the American public, who if this vast spending bill is passed, will add at least $6700 in tax dept to every American household, and since every house hold does not pay taxes. The number for taxpayers would be even larger!
From the original estimate of $770 billion. The cost is now estimated at $850 billion, and “queen” Pelosi and Obama have told us that it might grow.

All this money is supposed to help rid the USA of the deep recession we are sinking into, but in fact it will just post pone for an indeterminate number of years the very deep recession with run away inflation that must following such massive spending by the Federal government with “printed but un-earned money.

Fort Knox has only 187 billion dollars in gold reserve. At one time in our history. In the not so distant past the dollar was backed by a dollar in gold in the vaults of Fort Knox. Not so today, we have an ever diminishing valued dollar that buys less and less each year.

Despite this fact President Obama and is minions plan to spend the following with a large portion of the stimulus package. “The grocery list includes $87 billion for aid to states for covering Medicaid costs; $79 billion to local school districts and public colleges; an additional $41 billion in aid to impoverished and disabled students, school construction, modernization and new technology; $54 billion in renewable energy incentives; $82 billion in unemployment benefits, retraining and insurance; $20 billion extra for food stamps; and $90 billion in infrastructure spending. And don’t forget that the money called for here is above and beyond what all these programs already receive in the annual federal budget. Didn’t Bill Clinton tell us 13 years ago that the era of Big Government was over? Source: The Patriot Post
Posted by BILL

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