July 7, 2009
The newest Rasmussen Reports poll shows a whopping 60% of Americans are currently against a second "Stimulus Package". Those favoring a second package accounted for 28% of those polled, with 12% being "unsure".
Admittedly, the Administration is beginning to recognize what most tax-paying Americans have known for some time - the economy is in really bad shape, and worse than they thought. Gee, that should give Americans confidence. But don't let them fool you, they knew full well the consequences of their actions versus our ability to fund their follies.
So what were they thinking? Bottom line, this may be their only opportunity to do what we've been planning for the last 40+ years and they cannot let fiscal responsibility get in the way.
Only 10% of the first "Stimulus Package" has been spent, according to the Administration. So, why are they already saying that we may need another? Well, it makes you wonder if they underestimated the solution so badly, what other "estimates" are flawed? Based on initial performance, we should all question their ability to responsibly predict anything.
Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts
Tuesday, July 7, 2009
Monday, July 6, 2009
SAY IT AIN'T SO JOE!
July 6, 2009
Vice President Joe Biden was quoted today as saying "Honestly, we misread the economy". Well, we have to give him credit for at least saying what is painfully obvious. Anyone closely watching what is happening to our Country, and especially the mishandling of our tax dollars, knows that the economy is close to hitting a critical level, again. So, don't be surprised when the Federal government soon announces another "stimulus" package. That could very well be the fatal blow.
Meanwhile, our State and Federal politicians continue to try and play the game just like they always have. They refuse to believe that their "gravy train" is soon to be a thing they reminisce about with other members of the "Ol' Boys & Girls Club".
They're starting to say it, now will it be reported? Please don't let the people we elected to represent US, continue to destroy our future.
It's time for taxpayers to wake up and realize that the vast majority of elected officials (and CEOs of large financial institutions) have a singular mindset. Their endgame and main objective, once elected/ensconced is simple: Get theirs (quietly and along the way, set-up family dynasties in many cases), and then stash the booty somewhere they think it will be safe when/if things come crashing down. So, they've lived the good life and think they've insulated themselves from the pain the rest of us face. But publicly, proudly and loudly they promote "social reforms" designed to keep them in office as long as possible.
Unfortunately, there's a big problem developing. Their "social reforms" have finally bankrupted the Country. This game has been going on for so long, that they cannot possibly keep it alive much longer. It's really similar to the Madoff situation. Ultimately, the piper will come calling. Will they get the same punishment?
Vice President Joe Biden was quoted today as saying "Honestly, we misread the economy". Well, we have to give him credit for at least saying what is painfully obvious. Anyone closely watching what is happening to our Country, and especially the mishandling of our tax dollars, knows that the economy is close to hitting a critical level, again. So, don't be surprised when the Federal government soon announces another "stimulus" package. That could very well be the fatal blow.
Meanwhile, our State and Federal politicians continue to try and play the game just like they always have. They refuse to believe that their "gravy train" is soon to be a thing they reminisce about with other members of the "Ol' Boys & Girls Club".
They're starting to say it, now will it be reported? Please don't let the people we elected to represent US, continue to destroy our future.
It's time for taxpayers to wake up and realize that the vast majority of elected officials (and CEOs of large financial institutions) have a singular mindset. Their endgame and main objective, once elected/ensconced is simple: Get theirs (quietly and along the way, set-up family dynasties in many cases), and then stash the booty somewhere they think it will be safe when/if things come crashing down. So, they've lived the good life and think they've insulated themselves from the pain the rest of us face. But publicly, proudly and loudly they promote "social reforms" designed to keep them in office as long as possible.
Unfortunately, there's a big problem developing. Their "social reforms" have finally bankrupted the Country. This game has been going on for so long, that they cannot possibly keep it alive much longer. It's really similar to the Madoff situation. Ultimately, the piper will come calling. Will they get the same punishment?
Labels:
Biden,
economy,
package,
social reforms,
stimulus,
stimulus package,
taxpayers
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