Tuesday, February 10, 2009

It Will Take Great Courage......

This is probably the worst bill that has been put forward since the 1930s. I don't know what to say. I mean it's wasting a tremendous amount of money. It has some simplistic theory that I don't think will work, so I don't think the expenditure stuff is going to have the intended effect. I don't think it will expand the economy. And the tax cutting isn't really geared toward incentives. It's not really geared to lowering tax rates; it's more along the lines of throwing money at people. On both sides I think it's garbage. So in terms of balance between the two it doesn't really matter that much.

Harvard Economist Dr. Robert Barro

The left wing Progressives and Democrat Party partisans have to decided to brand the Republicans who dare to oppose the Stimulus Bill as "do nothings," bankrupt of ideas and devoid of plans. In a coordinated and choreographed attack almost every Democrat blog and commentator is repeating this obviously false mantra. It's a lie of gigantic proportions, though not as gigantic as the pseudo-stimulus package about to muscle its way through Congress.

Rejecting a bad, bad bill is hardly the same as rejecting the need to solve a very real problem. Republicans put forth a good many ideas and plans, not one of which was ever considered, let alone included, by a totally partisan Democrat majority who refused to allow a single Republican to assist in crafting the bill.

I hate to see the majority of liberal bloggers resort to a complete and utter lie to force through a poorly crafted spending and tax rebate package that will ultimately do much more harm than good.

Under this whithering attack it will be even more difficult for Republicans to do what is needed, let alone attract thinking Democrats to their cause. Never-the-less this plan must be rejected by Congress and the planners must return to the drawing bard for a fresh and totally bi-partisan approach. It's not likely to happen.

Rick Moran echos my analysis. In his article THE STIMULUS SHOULD GO BACK TO THE DRAWING BOARD, Moran states,

The chances of deep sixing the stimulus monstrosity and starting over again are as near to absolute zero as you can get in politics. The reputations of Speaker Pelosi, Harry Reid, and the president himself are on the line and a defeat of the conference report in the senate (still a possibility after the House tries to restore many of the cuts made by the senate), would be very damaging to that triumvirate, especially the president.

But if ever there were a case where the leaders of the Democratic party should swallow their pride and take the hit on their credibility by tearing up this piece of legislation and starting over, this is it.

Not much of a chance of that happening what with Obama going on national TV tonight and a cloture vote scheduled in the senate tomorrow. So Obama will probably ratchet up the fear mongering to heights not seen since Democrats ran commercials accusing Republicans of wanting to kill poor children and force old people to eat dog food. It is one thing to tell us the truth about our dire economic straits. It is quite another to try and make people believe that only by passing his $900 billion panic panacea will we avoid “catastrophe.”

2 comments:

Lee said...

Wiz, Well stated, I hope it will not fall on deaf ears. I have been in contact with my representatives to what end? Time will tell.

I was disgusted with the Fort Myers begging on the news the other day. Do the people of this country really expect the Government to become mommy and daddy to us all?

My suspicion is the only reason Obama wanted bi-partisan was to share the blame when this fails as history shows it will.

Now the scapegoating begins, the media cult of the One doing its biased best to fear monger everyone off the cliff.

Why not learn a lesson from history?
Why not live up to the promise of fiscal responsibility?
Eliminating government debt. would do far more for this country then printing up gobs of soon to be worthless paper.

Lee said...

They wanted to vote on the Nelson-Collins “compromise” today. Rep. Jack Kingston (R-GA) Asked to see the bill they were voting on (Its now 1400 pages)prior to voting.

According to National Journal’s Congress Daily:
“Democratic lawmakers fired back that Republicans didn’t need to see the bill anyway, since none of them voted for the stimulus when it moved through the House the first time and would probably stand in opposition.”

Um WTF? Has Pelosi has changed the House rules to demand that Members swear to vote ‘yes’ before they can read bills that they are being asked to consider voting ‘yes’ on.

Yeah, I'm loving this inexperienced president and the leaders of Congress more and more.